“Ten bagger” is a phrase coined by Peter Lynch in his book One up on Wall Street and is the holy grail for investors, a stock that increases in value ten-fold, for example from R10 to R100.
In this presentation Keith McLachlan, small and mid cap fund manager at AlphaWealth, will look at the key characteristics that a company needs in order to have the potential to be a ten bagger.
He also offers a couple of stocks that meet his requirements as potential ten baggers going forward.
