1. Of course there are multi-bagger stocks, but these are rarely found.
2. At times, change of rules in the economy, or some new invention by a particular company, or tactical changes in capital allocation with better profitability can lead to its stock turning a multi-bagger.
3. However, it is difficult to identify such stocks on a Do-It-Yourself basis as it takes immense stock selection acumen, and also some amount of luck, to find those which have been "unfairly overlooked" by the market.
4. Blindly investing in some stocks in the hope of hitting the jackpot with a few is nothing but a gamble, as we do not read their 'research reports’ but look at quotations instead.
5. It is, therefore, better to deploy your hard-earned money in a diversified mutual fund, as there is no such thing like a safe stock or a guaranteed multi-bagger, and long-term investors understand that returns should be reasonable, without expecting miracles.
2. At times, change of rules in the economy, or some new invention by a particular company, or tactical changes in capital allocation with better profitability can lead to its stock turning a multi-bagger.
3. However, it is difficult to identify such stocks on a Do-It-Yourself basis as it takes immense stock selection acumen, and also some amount of luck, to find those which have been "unfairly overlooked" by the market.
4. Blindly investing in some stocks in the hope of hitting the jackpot with a few is nothing but a gamble, as we do not read their 'research reports’ but look at quotations instead.
5. It is, therefore, better to deploy your hard-earned money in a diversified mutual fund, as there is no such thing like a safe stock or a guaranteed multi-bagger, and long-term investors understand that returns should be reasonable, without expecting miracles.