Finding multibagger is easy. If you do the right things.
Find a business you already use products or services of. Check whether the stock is trading at cheap/reasonable valuations. Buy it & hold tight.
That’s it. You need not read further.
That’s how we have multibagger businesses in our portfolio.
Using the same methodology we’ve got 16 Multibaggers out of total 35 Research Reports published so far. 16 Multibaggers. That too in matter of just 3 years. That’s an extremely high hit ratio if you ask anyone on the Dalal Street.
We didn’t went to research on the new age biotechnology, artificial intelligence, superchip, new age renewalable, solar businesses or biofuels.
We mostly picked up existing well established old school business.
I used to consume Daawat basmati rice. Liked the quality of it. Saw the stock was trading at PE of 6x. Dig into the company. Found it attractive opportunity. Bought it. Today we’re sitting on 6x profits in 3 years.
Saw & consumed (No I don’t smoke cigarettes) multiple ITC products around me. Saw the stock went to trade at 14x to it’s earnings in Covid. Bought it. Today that’s making 3x money in 4 years in ITC. India’s 5th or 6th largest company.
Everyone needs fuel. ONGC is largest OPC in India. I bought ONGC trading at 4x PE. Now it’s a 5x for me in just 4 years.
The idea is simple. Buy what you know, cheap. Hold on to it with patience. Let the world scream on the opposite end (Remember ITC memes)?
This is the most simplest way one can mint money in stock market.
No rocket science needed. No high IQ needed. No PhD in investing needed.
Creating wealth thru common stocks & businesses is the simple way. People make it complex by searching for fancy, unheard stocks & businesses.
