My strategy to target 10 times stock market returns in 2025!
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Stock market legend Peter Lynch coined the term “10-bagger” in his book One Up On Wall Street. This is a share that multiplies one’s original investment tenfold.
It’s very rare that a stock goes up 10 times in value in a single year. But there are loads of examples of stocks rising that much (or more) over time.
But how do I try spot the next one? That’s the theme I’ll be exploring here.
A 1,000-bagger!
Imagine investing in Amazon at a split-adjusted $0.16 per share in 1997. Or Nvidia shares at a split-adjusted $0.164 in 2005. With each stock now at $224 and $134, the returns would be truly enormous.
Indeed, Amazon would be more than a 1,000 bagger!
Believe it…