annb0t
Top 20
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So when we looked at Cochlear (ASX:COH), they do have a high ROCE, but we weren't exactly elate...
>>> Read more: Cochlear (ASX:COH) Could Be Struggling To Allocate Capital
>>> Read more: Cochlear (ASX:COH) Could Be Struggling To Allocate Capital