Stocks: 10 Times in 5 Years—What Fuels the Multi-baggers?
Everyone wants to find the next multi-bagger stock. The term multi-bagger is used for stocks which go up multiple times over a few years. Similarly, a 10-bagger is a stock whose price moves up 10 times, usually within a few years that makes its returns look spectacular. If a stock goes up 10 times in five years, it means that the stock has delivered a compounded annualised return of over 58%....
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