These 3 ASX All Ords stocks turned $500 into at least $16,500 in less than a decade!

The All Ordinaries Index (ASX: XAO) has gained 24% over the past five years, with these three ASX All Ords stocks doing plenty of the heavy lifting.

As of the market close on 26 May 2019 (and based on today’s opening prices), the stocks have gained 3,223.1%, 3,471.4% and 3,575.9%, respectively.

Meaning a $500 investment in any of these three ASX All Ords stocks five years ago (well short of a decade) would have grown to more than $16,500 today.

Which fast-rising companies are we talking about?

Read on.

ASX All Ords stocks delivering supersized gains

First up, we have titanium products producer Iperionx Ltd (ASX: IPX).

The ASX All Ords stock hit all-time highs in February this year. Despite retracing 10% from those highs, the Iperionx share price remains up a whopping 3,223.1% over five years.

That’s enough to turn a $500 investment on 26 May 2019 into $16,615.50 today.

The Iperionx share price has continued to outperform in 2024, up 55.0% year to date at the time of writing.

On 15 May, the company successfully completed a $50 million capital raising to scale up the titanium manufacturing capacity at its operations in the US state of Virginia.

The second ASX All Ords stock that’s amply rewarded its longer-term shareholders is lithium explorer Wildcat Resources (ASX: WC8).

The Wildcat Resources share price has surged 3,471.4% over the past five years, which is enough to grow a $500 investment into $17,857.00.

While that’s a very tidy return, investors who sold their holdings in late November could have achieved almost double those returns! The Wildcat Resources share price has retraced by 47.3% since 24 November.

Atop ongoing weakness in lithium prices, Wildcat shares look to have come under pressure with recent drilling results at its Tabba Tabba lithium project in Western Australia apparently failing to meet investor expectations.

Which brings us to the top performer of our three rocketing ASX All Ords stocks, Vulcan Energy Resources Ltd (ASX: VUL).

The company’s primary focus is delivering the world’s first integrated renewable energy and zero-carbon lithium project.

And investors are clearly keen.

The Vulcan Energy share price has exploded by 3,575.9% in five years. Meaning a $500 investment on 26 May 2019 would now be worth an eye-watering $18,379.50.

Though well down from its September 2021 peaks, the ASX All Ords stock has been a strong performer in 2024, up 81% year to date.

Vulcan shares have enjoyed ongoing tailwinds this year amid strong financial support from strategic and financial investors. 2024 also saw Vulcan’s Lithium Extraction Optimisation Plant, located in Germany, commence production of its first lithium chloride product.

The post These 3 ASX All Ords stocks turned $500 into at least $16,500 in less than a decade! appeared first on The Motley Fool Australia.

More reading

• Why Eagers Automotive, Inghams, Patriot Battery Metals, and Wildcat shares are sinking
• Why AIC Mines, Bendigo and Adelaide Bank, Patriot Battery Metals, and Vulcan Energy are racing higher today
• Guess which ASX lithium share just leapt 13% on major financing news!
• Why Fletcher Building, Healius, Iperionx, and Iress shares are sinking today

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.