It sounds great in principle: Buy multi-bagger stocks that deliver life-changing returns. But is it possible in practice?
Investor Christopher Mayer wrote a book called 100 Baggers which attempted to quantify this question. He reviewed American stock market data back to the 1960s and found several hundred companies which delivered at least 100-to-1 returns in recent decades.
There were several unifying principles that tended to define successful multi-bagger investments. Putting these pieces together, what companies look like they could be real multi-bagger stocks at today’s prices? Here are three leading candidates for your consideration.
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