Many investors love to own multibagger stocks in their long term core portfolio.
What is multibagger stocks?
In the Stock market terminology, a multibagger means a stock that goes up in price multiple times the initial cost of investment e.g. 1x, 2x, 3x, 4x, 5x, etc
Where can we find multibagger stocks?
Often we may find potential multibagger stocks from those high risk penny stocks or after a prolong Bear market where the stock price of solid companies are beaten to rock bottom. These beaten down stocks are the better ones for you to pick up and can also be potential multibagger stocks.
But, do you have what it takes to buy and hold it further instead of taking some nice profits. Are you ready to pick up your next multibagger stocks if the market corrects itself deeply in Sep/Oct 09?
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