Stock markets are extremely volatile in nature. It has tremendous potential to generate many fold returns for an investor. You just need to adopt various ways to identify and pick multibagger stocks.
You can also be the lucky one to gain multiple amount of money just by selecting the right type of stock at the right time. These shares with strong growth potential are usually referred as “Multibagger stocks”.
They are somewhat difficult to identify as compared to large & reliable equities. But, you can easily identify & pick true multibagger stocks. These highly speculative equities have hidden potential to report explosive growth in coming years.
You can do this through researching some key features by your own efforts. Here are 16 tricky ways to identify & pick multi-bagger shares or equities from share markets of your country:
[You can also watch an exciting video on this post from GetUpWise channel on YouTube:]
(1) Quality Of Promoters
It is one of the single most important ways to identify and pick multibagger stocks. Promoters are the persons that are fully responsible for the management of the day-to-day activities of the company.
You can get long term sustainable return from a potential multibagger stock only if promoters are of above average quality or at least average quality. You can’t gain manifold returns from a stock with dishonest & poor quality promoters.
However, promoters are humans and due to human nature can migrate from one group to another over time. You should be ready to review the latest happenings of the company of your choice on quarterly basis.
- Multibagger Stocks: Shutterstock