2 Stocks to Help Turn $100,000 into $1 Million [Yahoo! Finance Canada]
Adeia Inc. (ADEA)
Company Research
Source: Yahoo! Finance Canada
Turning $100,000 into $1 million may seem ambitious, but it is mathematically possible. Remember, the journey to a million isn't a get-rich-quick scheme. You must give your chosen stocks time and the chance to make it a reality. Achieving the goal in 21 years is realistic, provided the average annual return is 12%. However, given their historical performance, Shopify TSX:SHOP ) and Hammond Power Solutions TSX:HPS.A ) can help reach the objective much faster or in 10 years. Both growth stocks are TSX30 winners. Shopify won in 2019 (2nd), 2020 (1st), and 2021 (2nd), while Hammond took the top spot in 2024 and then placed 3rd in 2025. Had you invested a decade ago, SHOP and HPS.A would have rewarded you with a total positive return of 6,736% and 4,001.5%, respectively. The extreme gains are compelling reasons to invest $50,000 each in Shopify and Hammond Power Solutions. Unfortunately, a repeat performance from 2026 to 2035 isn't guaranteed because neither is low risk. Both have s
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ADEA
News
- Adeia (NASDAQ:ADEA) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Adeia (NASDAQ:ADEA) had its price target raised by analysts at Maxim Group from $17.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Adeia (NASDAQ:ADEA) was given a new $20.00 price target on by analysts at UBS Group AG.MarketBeat
- Adeia (NASDAQ:ADEA) had its price target raised by analysts at Rosenblatt Securities from $17.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Adeia (NASDAQ:ADEA) had its "buy" rating reaffirmed by analysts at Roth Capital.MarketBeat
ADEA
Earnings
- 8/5/25 - Beat
ADEA
Sec Filings
- 12/22/25 - Form 8-K
- 11/6/25 - Form 10-Q
- 11/4/25 - Form 4
- ADEA's page on the SEC website