1 Magnificent Dividend-Growth Stock Up 5,660% Since 2000 to Buy and Hold Forever
While multibagger stocks generally elicit thoughts of famous brands, high-growth stocks, or revolutionary technology innovations, countless ordinary-looking companies deliver market-stomping returns.
One example is Badger Meter (NYSE: BMI) and its flow measurement, water quality and control, and communication offerings. Primarily providing water meters and related technologies to water utilities and industrial companies, Badger Meter's operations don't necessarily scream "multibagger."
However, after posting total returns of over 5,000% since the turn of the millennium, the company certainly qualifies.
Source Fool.com