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1 Stock That Turned $1,000 Into $32 Million

Over the very long term, the S&P 500 (SNPINDEX: ^GSPC) has produced an annualized return of about 10%, a figure that includes dividends. That’s a respectable gain, but some companies have performed significantly better. Since this company’s initial public offering in September 1981, it has generated a monster total return of 3,157,000% (as of May…