Got $3,000? Buy These 3 Unstoppable Stocks With Multi-Bagger Potential
There's little question that the best path to wealth generation is investing in quality stocks and holding them for years and even decades. Along the way, there is the potential to find a company that can become a "multi-bagger," or an investment that gains several times its original value. There are a few contributing factors that can help a stock go parabolic, increasing the chances that it will become one of this rare breed of investment.
Find companies that provide a novel answer to an age-old problem, have massive secular tailwinds, or have a large addressable market, and you'll be on the right track. In very rare instances, you can a find a company that ticks all three of those boxes, dramatically increasing the likelihood of multiplying your investment dollars many-fold. An investment in any or all of these companies will likely fit the bill.
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Source Fool.com
