MULTIBAGGER STOCKS : How to Multiply Wealth in the Share Market
Language: English Publication details: USA Penguin 2023/01/01Edition: 1Description: 182ISBN:- 9780143456476
- 332.6322 PRA/MU
Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
![]() |
Ernakulam Public Library General Stacks | Non-fiction | 332.6322 PRA/MU (Browse shelf(Opens below)) | Available | E1100436 |
The term 'multibagger' was coined by Peter Lynch in his bestselling book One Up on Wall Street, published in 1988. It simply means a stock that delivers returns multiple times its initial cost of acquisition. Easy as it may sound to define multibagger stocks, identifying them is hard.
This book offers readers a simple yet effective technique to identify the stocks that have the potential to generate stupendous returns. Cutting the clutter and the noise, it answers the three most critical questions related to stock market investing: when to invest (enter the market), how long to remain invested and finally when to exit. Dispelling the myth that multibagger stocks are devoid of strong fundamentals, the book explains why only the stocks with strong fundamentals can become multibaggers. It also forewarns readers to stay away from the seemingly multibaggers (dubious companies) that may lead to wealth destruction and helps them identify good companies with solid fundamentals.
There are no comments on this title.