Can you guess the future multibaggers of India?
Well… If penny stocks is your answer, you’re in for a long tough ride.
The future multibaggers are those businesses who would be able to grow their earnings consistently. A 12-18% consistent profits growth is perfect recipe for multibagger gains!
Any company whose profits grows at 15% CAGR will most likely double your money every 5 years.
To me, apparently, the FMCGs, IT, Consumer Durables, Consumer Staples, Telecommunications, AMCs & Stock Market related businesses of the world look to be growing around 15-20% pa here on for next few decades.
While everybody is looking to double money in a month & eventually blow themselves & their account, you’ll do best in case your returns expectations are 15% pa.
At this rate, you’ll double your money in 5 years, 4x in 10 years, 16x in 20 years & 64x in 30 years!
Quality Businesses + Quality Management + Strong Product Portfolio + Pricing Power + Reasonable Valuations + Margin Of Safety + Decent Time = Future Multibaggers!
If you’re someone who is busy, doesn’t want to do all the hard work, needs hand holding to find quality businesses & can hold them with patience, do opt in for potential multibagger research reports.
We’re a team of research analysts who extensively research & publish 1-2 potential multibaggers, detailed 15-20 pages, research reports every month.
Wishing you a profitable investing journey ahead!