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Bitcoin wasn’t the only investment that would have doubled your money in 2017

If you purchased a major cryptocurrency like Bitcoin or Ethereum at the beginning of 2017, you’ve probably made a fair return on your investment. Big returns were not limited to the realm of cryptocurrency this year, however, with many tech shares seeing massive growth on traditional exchanges. Companies like Nvidia, Universal Display, KEMET, and Shopify all doubled their share price this year, showing steady growth throughout the period.

A number of tech shares which would have double your initial investment within the year are shown below.


Naspers

  • Price on 3 January 2017 – R2,034
  • Price on 20 November 2017 – R3,972
  • YTD Growth – 95%


Nvidia

  • Price on 3 January 2017 – £102.01
  • Price on 20 November 2017 – £213.35
  • YTD Growth – 109%


Alibaba

  • Price on 3 January 2017 – £88.60
  • Price on 20 November 2017 – £185.50
  • YTD Growth – 109%


HIVE Blockchain Technologies

  • Price on 18 September 2017 – £0.77
  • Price on 20 November 2017 – £2.85
  • YTD Growth – 270%


Shopify

  • Price on 3 January 2017 – £42.82
  • Price on 20 November 2017 – £104.89
  • YTD Growth – 145%


Universal Display

  • Price on 3 January 2017 – £57.35
  • Price on 20 November 2017 – £181.00
  • YTD Growth – 216%


KEMET Corp

  • Price on 3 January 2017 – £6.21
  • Price on 20 November 2017 – £15.68
  • YTD Growth – 152%


Systemax

  • Price on 3 January 2017 – £8.77
  • Price on 20 November 2017 – £28.79
  • YTD Growth – 228%


Now read: Bitcoin’s lack of regulation is scaring off investors[1]

References

  1. ^ Bitcoin’s lack of regulation is scaring off investors (mybroadband.co.za)

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