Normally, you might expect to achieve significant gains from stocks if you invest in them for years, perhaps decades. But given how hot the stock market has been this year, some stocks have produced life-changing returns in much shorter time frames. While chipmaker Nvidia is an obvious example of a top growth stock to own given its more than 2,500% return over the past five years, there are many other stocks that have produced incredible gains in a short stretch.
Three stocks that have done phenomenally well this year and have outperformed Nvidia are AppLovin (APP -0.53%), MicroStrategy (MSTR 4.20%), and Summit Therapeutics (SMMT -0.22%). If you invested $5,000 into each one of these stocks at the beginning of the year, the total of those investments would be worth more than $100,000 right now. Here’s a look at how much a $5,000…
