Read? Multibaggers Defined
A multibagger is an investment that has gained several times its original value. Each "bag" represents your entire original investment. So if you invested $5,000 in a stock and your holding is now worth $10,000, you have a two-bagger. If it continues to appreciate and is eventually worth $35,000, it's a seven-bagger. At $50,000, of course, it's a 10-bagger.
The idea of a multibagger is thought to have started with Peter Lynch, who referred to "10-baggers" in his seminal investing book, One Up on Wall Street. The term stems from baseball, in which players rack up "bags" by running around the bases.
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