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1 Incredible Growth Stock With 10X Return Potential

Motley Fool - Thu Jul 4, 6:11AM CDT

Kinsale Capital Group(NYSE: KNSL) is a specialty insurance company with a lot to like. It is growing rapidly, is a wildly profitable business, and only has a share of about 1% of a highly fragmented market. In this video, I'll talk about the business, why it's such a great growth story, and why I think it could grow to many times its current size.

*Stock prices used were the morning prices of July 2, 2024. The video was published on July 3, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $22,525!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $41,621!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $366,492!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of July 2, 2024

Matt Frankel has positions in Kinsale Capital Group. The Motley Fool has positions in and recommends Kinsale Capital Group. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.