From Investing.com: 2024-04-28 06:12:04

“Multi-baggers” like PFC and REC are stocks that double in value, captivating investors. The era of the pandemic saw some stocks soar over tenfold, showcasing the stock market’s growth potential. Historical multi-baggers share traits like consistent growth, attractive valuations, and starting as smaller companies, making them potential gainers.

Investors can use tools like InvestingPro to identify potential multi-baggers with filters for 20% compound annual earnings growth, P/E ratios between 5 and 10, and market capitalization below $500,000 crore. The question remains: Will these contenders become the next multi-bagger? Time will tell, but potential gems are on the watchlist.



Read more at Investing.com: Identify Multi-baggers Before they Start the Bull Run By Investing.com