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Re: 77Port post# 11196

Friday, 10/26/2018 11:12:33 PM

Friday, October 26, 2018 11:12:33 PM

Post# of 12427
Thanks. Good read. Thought of Lex after reading this piece on discovering a tenbagger. Maybe it will be, maybe it won't. Time will tell. GLTA!!!

"Discovering a Tenbagger
When searching for the next tenbagger, investors might consider looking for the following types of situations:

Novel Technology: Technology is what drives the stock market. Early investors into leading high tech companies have made huge amounts of money. However, not all types of technology fit the bill. Investment-worthy technology needs to have a huge potential user base, be easily adaptable by the masses and be something that people use.
Societal Mega-Trends: Following societal megatrends is a key element of many tenbagger stocks. The more people are adopting a novel technology, the more it should matter to potential investors.
Sovereign Action: Sovereign or governmental action can have a huge effect on stock prices. Regulations and new laws can create and destroy markets and even trends. It is critical that a potential tenbagger be supported by, or at least not be impeded by, government regulations.
New Products: Just like new technologies, companies with new products that fit into mega-trends have a strong chance to become ten baggers. Look for novel products that fill a need created by companies with the ability to produce and market.
Investor interest: Many people seem to think it's best to locate stocks that no one else knows about. While finding a quality hidden gem is possible, it's not a reliable indicator of potential tenbagger performance.