How to Find Multi-Baggers Stocks — Basic Guide to Find Multi-Baggers Stocks
Even though it’s difficult, but its possible to find stocks that will Multi-Bagger Return on your investment. Over the last two decades, many worldwide stores have accomplished this achievement…
With insights from Chris Meyer’s book “100 Baggers” Let’s explore the five keys to identifying potential future 100-baggers. Meyer studied thousands of companies in 1962 to motivate his findings. Here’s what’s worth considering:
- Small businesses can grow faster:
In general, smaller companies have more chances to become Multi-baggers compared to larger companies. For Example, When Amazon went public in 1997, it had a market value of only about $300 million. Since then, it has grown into a multibillion-dollar Company, reaching Multi-bagger status many times over. On the other hand companies like Apple, with a market value of more than $2.5 trillion, would need to reach a market value of $25 trillion to become a Multi-bagger which is a much more challenging task. So it's wise to focus on smaller companies that have market caps of less than $10 billion to identify potential Multi-Baggers Stocks.
- Super Long Development Runway:
A long runway allows the company to continue to grow and expand, resulting in significant revenue growth. Take Tesla, for example. Beyond electric cars, it extends into energy storage, solar products, self-driving cars and AI. These projects offer many growth opportunities, making Tesla a strong contender for sustainable growth. The key is to identify companies with opportunities that can sustain long-term growth.
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Disclaimer: The information provided in this article is solely the author’s opinion and not a investment advice — it is for educational purposes only. By reading this, you agree that the information does not constitute any investment or financial instructions. Do your own research before making any investment decisions.
Originally published at investtherapy.com on 25 August 2024
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