Is SK Hynix Your Path to $1 Million by 2030?

SK Hynix (NASDAQ: SKHY) CEO Kwak Noh-Jung expects the memory chip shortage that has led his company to produce record profits could continue until at least 2030.That comment may give investors the confidence to put a lot of money in the chipmaker stock with the hopes of turning it into $1 million. After all, the same trend that's pushed the stock to a nearly $1 trillion valuation over the past year or so is expected to continue for the next four years.To turn even a sizable investment into $1 million, investors are likely banking on a repeat performance of the stock's 500% return over the past year. Here's why that's unlikely to happen.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool