Which stocks have potential to become multibagger? (2024)

Which stocks have potential to become multibagger?

These multibagger stocks can deliver impressive long-term returns. CrowdStrike

CrowdStrike
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services.
https://en.wikipedia.org › wiki › CrowdStrike
(CRWD): High annual recurring revenue and rising profit margins bode well for the company. E.l.f. Beauty (ELF): The company is gaining traction in the beauty industry. American Express (AXP): It has a good valuation and strong financials.

Which stocks have potential for multibagger?

Overview of Top Multibagger Stocks in India
  • Varun Beverages Ltd. ...
  • Adani Enterprises Ltd. ...
  • Tube Investments of India Ltd. ...
  • Tanla Platforms Ltd. ...
  • Linde India Ltd. ...
  • Alkyl Amines Chemicals Ltd. ...
  • Investing in Multibagger Stocks in India with smallcase. ...
  • Debt Funds.
Feb 15, 2024

Which stock will be multibagger in 2024?

Top 10 Multibagger Penny Stocks for 2024
Name1-year HighIndustry
Virgo Global1132.84%Manufacturing
BAMPSL Securities101.34%Financial Services
Rajnish Wellness90.50%Pharmaceuticals
J Taparia Projects58.70%Infrastructure
6 more rows
4 days ago

What stocks are going to Skyrocket 2024?

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
MicroStrategy Inc. (MSTR)169.9%
SoundHound AI Inc. (SOUN)177.8%
Vera Therapeutics Inc. (VERA)180.4%
Avidity Biosciences Inc. (RNA)182%
6 more rows
Apr 1, 2024

Which stock can be multibagger in 2025?

FGP: With a CMP of INR 5.69, F G P has delivered a 56.95% return, ranging from INR 4.30 to INR 9.45¹. Luharuka Media & Infra: Priced at INR 5.05, this stock has grown by 124.72%, fluctuating between INR 2.30 and INR 6.25¹.

What are the top 3 multibagger stocks?

More Collections >
Name3Y ReturnNet Profit Qtr
Bharti Airtel Ltd158.52%₹2,876 Cr
State Bank of India136.04%₹11,064 Cr
ITC Ltd113.13%₹5,401 Cr
Larsen & Toubro Ltd173.4%₹3,595 Cr
8 more rows

What are the 10 best penny stocks to buy?

Here is the list of fundamentally stocks penny stocks in India.
  • Rajnandini Metal Ltd.
  • G G Engineering Ltd.
  • Indian Infotech & Software Ltd.
  • Genpharmasec Ltd.
  • Accuracy Shipping Ltd.
  • Goyal Aluminiums Ltd.
  • Prakash Steelage Ltd.
  • Tapari Tools Ltd.
4 days ago

Which stock to buy for next 5 years?

Growth stocks for next 5 years
S.No.NameCMP Rs.
2.Brightcom Group14.20
3.Axita Cotton23.35
4.Easy Trip Plann.47.00
5.Radhika Jeweltec64.10
23 more rows

What are the best penny stocks to buy in 2024?

Overview of the Top Penny Stocks
  • G G Engineering Ltd. ...
  • Globe Textiles (India) Ltd. ...
  • Growington Ventures India Ltd. ...
  • Aakash Exploration Services Ltd. ...
  • Debock Industries Ltd. ...
  • Kenvi Jewels Ltd. ...
  • Gautam Gems Ltd. ...
  • Vivanta Industries Ltd. On March 19, 2024, Vivanta Industries' stock was priced at Rs. 3.95.
Apr 10, 2024

How do you identify potential multibaggers?

A low revenue multiple can indicate growth potential, especially when coupled with strong fundamentals. Study PE ratios: Analyse the price-to-earnings (PE) ratio and look for companies with a PE growing faster than the stock price, as it's an indicator of multibagger potential.

Which stock will double in one month?

Stocks with good 1 month returns
S.No.NameROCE3yr avg %
1.Hindustan Zinc44.68
2.I R C T C42.13
3.Lloyds Metals40.92
4.Deepak Nitrite38.02
23 more rows

What are the top 10 stocks to buy right now?

Sign up for Kiplinger's Free E-Newsletters
Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
Amazon.com (AMZN)1.30Strong Buy
Microsoft (MSFT)1.32Strong Buy
Delta Air Lines (DAL)1.35Strong Buy
Nvidia (NVDA)1.38Strong Buy
15 more rows

What are the top 10 stocks to buy?

Here are top 10 stock ideas for the long-term from various brokerages:
  • 1) Vedanta. ...
  • 3) Reliance Industries (RIL) ...
  • 4) Hindustan Aeronautics (HAL) ...
  • 5) ICICI Bank. ...
  • 6) Zomato. ...
  • 9) Bharti Airtel.
Apr 12, 2024

Which stock will double in 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.408.70
2.Refex Industries168.05
3.Tata Elxsi7103.70
4.M K Exim India91.75
15 more rows

How do I find hidden multibagger stocks?

Another simple answer to the question – of how to identify Multi-Bagger stocks is to look for businesses that have high margins. Usually, multi-baggers command high margins either due to a lack of competition or because they command a leading position in the industry.

What stocks will be worth in 10 years?

9 Best Growth Stocks for the Next 10 Years
  • DaVita Inc. ( ticker: DVA)
  • DraftKings Inc. ( DKNG)
  • Extra Space Storage Inc. ( EXR)
  • First Solar Inc. ( FSLR)
  • Gen Digital Inc. ( GEN)
  • Microsoft Corp. ( MSFT)
  • Nvidia Corp. ( NVDA)
  • SoFi Technologies Inc. ( SOFI)
Mar 27, 2024

Which multibagger stocks to buy for long term?

Companies like Venus Pipes, Neogen, Prime Industries, Artemis Electricals, Alfa Transformers and more are there for investors to explore. Relevant ratios to consider before you decide on investing in potential multibaggers are the return on equity, free cash flow, price-to-earnings, and price-to-book ratios.

What is penny and multibagger stocks?

Multibagger Penny Stocks are similar to penny stocks; the only difference is their price variably increase from the time of the investment. Suppose, as an investor, one invests in a stock priced at Rs. 5, and over time, the price soars to Rs. 10, then it is called a two-bagger.

Should we invest in multibagger stocks?

As multibagger stocks generate multifold returns, higher risks come with higher returns. So, if you are planning to invest in multibagger stocks, you need to be cautious about the risk associated with these stocks too. The primary risk associated with these stocks is value traps.

What's the hottest penny stock to buy right now?

Most Active Penny Stocks
  • NIO4.490.36% NIO Inc.
  • DNA0.860.08% Ginkgo Bioworks Holdings, Inc.
  • SOUN4.400.24% SoundHound AI, Inc.
  • NKLA0.640.04% Nikola Corporation.
  • FCEL0.870.03% FuelCell Energy, Inc.
  • ENZC0.010.00% Enzolytics, Inc.
  • JAGX0.180.01% Jaguar Health, Inc.
  • AITX0.000.00%

What is the most successful penny stock?

Yes Bank, Suzlon Energy, South India Bank, Reliance Power, Vodafone idea, and Bank of Maharashtra are among the top penny stocks.

Which penny stock has potential?

Brightcom Group Ltd

The company has minimal debt. Brightcom Group Ltd is anticipated to deliver a positive quarter, reflecting its consistent growth over the last five years, with a remarkable profit growth rate of 27.5% CAGR. The healthy number makes it one of the best penny stocks of 2024.

Which stock is growing fast?

FAST GROWING STOCK
S.No.NameP/E
1.Life Insurance15.49
2.Dr Reddy's Labs19.95
3.Bajaj Holdings12.48
4.Hero Motocorp24.16
23 more rows

Which stocks will give highest return?

More Collections >
Name3Y ReturnProfit Mar 3Y Change%
Reliance Industries Ltd65.9%26.46%
Tata Consultancy Services Ltd24.96%-3.51%
Bharti Airtel Ltd159.23%-125.21%
ICICI Bank Ltd84.44%186.25%
8 more rows

How to find the next big stock?

This is my methodology for finding my next great stock pick:
  1. Develop a long list of ideas. Great investors are readers. ...
  2. Research fundamentals. ...
  3. Research Charts. ...
  4. Look for potential catalysts. ...
  5. Develop a strategy. ...
  6. Pull the trigger.
Jan 13, 2024

References

You might also like
Popular posts
Latest Posts
Article information

Author: Dr. Pierre Goyette

Last Updated: 06/05/2024

Views: 6400

Rating: 5 / 5 (50 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Dr. Pierre Goyette

Birthday: 1998-01-29

Address: Apt. 611 3357 Yong Plain, West Audra, IL 70053

Phone: +5819954278378

Job: Construction Director

Hobby: Embroidery, Creative writing, Shopping, Driving, Stand-up comedy, Coffee roasting, Scrapbooking

Introduction: My name is Dr. Pierre Goyette, I am a enchanting, powerful, jolly, rich, graceful, colorful, zany person who loves writing and wants to share my knowledge and understanding with you.