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Multibagger Stock for Next 10 Years

If you’re looking to find one stock that can multiply your net worth in the long-term, we have to caution you.

This is an extremely difficult task.

Most investors who go looking for multibaggers, end up chasing the hottest stock in the market. They may even find some success for a while. But when the tide turns they wish they had sold the stock sooner.

However, trying to find one stock to hold for 10 years requires a lot of careful searching.

You will need to focus of companies with rock solid fundamentals and a long runway of growth ahead of them.

So where do you begin?

A good place to start would be what we call Consistent Compounders. These are steady growth stocks that are very likely to do well in the long term.

Check out Consistent Compounding Stocks in Equitymaster’s Stock Screener.

You can also look at the fastest growing stocks of 2022.

Another option is to look into the past. Stocks which have delivered the highest returns in the past might be a good place to begin your search. Check out Multibagger Stocks in Equitymaster’s Stock Screener.

You can also checkout our playlist on Multibagger Stocks on Equitymaster's YouTube channel.

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Top 10 Fundamentally Strong Stocks Under Rs 100

Apr 18, 2024

These penny stocks have strong growth levers in place. Take a look...

Top 5 Multibagger Stocks for 2024

Apr 16, 2024

Which stocks should be on your multibagger watchlist this year? Find out...

NOT IndiGo or SpiceJet... Vijay Kedia Picks Fresh Stake in this Multibagger Airline Stock

Apr 12, 2024

The Indian airline industry is booming, and Vijay Kedia recently picked a huge stake in this helicopter company. Is it poised to pop?

Bharat Electronics Pips Other Defence Stocks in 2024. What to Expect from This Multibagger Stock?

Apr 10, 2024

Bharat Electronics stock is on fire. What does the future hold?

Why PNB Share Price is Rising

Apr 4, 2024

PSU bank stocks got a shot in the arm after experts noted the favorable credit environment and bolstered asset quality of select PSU banks, suggesting the trend could continue.

Top 5 Multibagger Stocks Offering Growth, Value and Momentum

Mar 31, 2024

There's a change in market sentiment and the overall mood is once again looking up. Keep these momentum stocks on your watchlist as they can continue their bullish trend.

Top 5 Nuclear Power Stocks to Watch Out in 2024

Mar 21, 2024

The government is inviting private investment worth Rs 2.2 trillion to grow its nuclear energy sector, and these five companies could benefit.

SME IPO Oversubscription: Signs of a Market Bubble?

Mar 13, 2024

Selecting stocks from the SME segment must be done with sufficient diligence.

Bulk Deal Alert! Shankar Sharma Buys 148,800 Shares of this Fintech Company

Mar 2, 2024

Shares of the company hit a fresh 52-week high today, rallying 10% yesterday and another 5% in today's special trading session.

Why Skipper Share Price is Rising

Feb 19, 2024

Here's why this multibagger stock continues to rise.

Radhakishan Damani Books Profit in Multibagger Tata Stock. Should You Too?

Apr 17, 2024

Shares of this company have rallied over 190%, making it one of the best performing Tata stocks of FY24.

Hi-Tech Gears: The Auto Ancillary Stock That's Growing Like Tesla, up 87% in a Month

Apr 14, 2024

Nemish Shah, the man who took Infosys public, holds around 7.2% stake in this company.

Mukul Agrawal Adds 5% Stake in Railway Stock that Rallied Over 500% in a Year

Apr 11, 2024

Here's why the seasoned investor is bullish on this multibagger stock despite 550% rally in a year. Do you own it?

This Solar Penny Stock Zooms 35% in 5 Days on ALMM Buzz. Will the Momentum Continue?

Apr 4, 2024

I spent hours reviewing this solar penny stock, so you don't have to. Read on...

IREDA: Leading the Charge in India's Green Energy Revolution

Apr 2, 2024

This state-owned company is capitalising on India's transition to a low-carbon economy. Take a look.

5 Best Performing Stocks Since Last Election Year

Mar 23, 2024

These five stocks gave over 1,000% return in the last five years. Do you own any?

5 Best Performing Smallcap Stocks that Rallied Over 200% in 2024

Mar 17, 2024

Despite the recent correction in smallcaps, these companies have delivered over 200% returns in 2024 so far. Do you hold any?

Top 5 Microcap Nuclear Power Stocks to Watch Out in 2024

Mar 9, 2024

The government is inviting private investment worth Rs 2.2 trillion to grow its nuclear energy sector, and these five microcaps could benefit.

Can this Solar Penny Stock Scale New Highs?

Feb 19, 2024

How to approach this High-flying solar penny stock?

5 Best Steel Penny Stocks in India

Feb 17, 2024

Given the sector's critical role in India's burgeoning economy, the potential for exponential gains makes these penny stocks worth the attention.




FAQs

Which are the top multibagger stocks in India right now?

As per Equitymaster's Stock Screener, these are the stocks which have given multibagger returns to shareholders -

These companies have been ranked as per the returns they have delivered to shareholders in the last three years on a compounded annual growth rate (CAGR) basis.

Remember, it's not easy to identify future multibagger stocks, but if you do it carefully and with due diligence, you can find high growth companies which can turn out to become future multibaggers.

Which sectors can produce future multibagger stocks?

Multibagger stocks are not restricted to any sector. A sector can be re-rated and see a sharp rally at one time while it may underperform when the tide turns.

For instance, the paper sector was shunned by investors during the Covid-19 pandemic when demand was weak. Additionally, the prospects looked to be in danger with digitization taking over.

But when demand picked up as states lifted lockdowns and re-opened schools, paper stocks were big beneficiaries.

With changing market dynamics, one should invest in sectors that have scope for good long-term growth.

When should you sell a multibagger stock?

There isn't any standard thumb rule for when to sell a stock. However, you can follow a few guidelines.

You can sell the stock if the company's fundamentals take a turn for the worse. You could also sell if the stock has achieved the predetermined target price.

Other reasons for selling could be if the business has entered a mature or a declining phase in the growth cycle, and for rebalancing your portfolio.

Which stocks can become multibaggers in the long run?

Fundamentally strong stocks that have a long runway for growth and are trading at reasonable valuations have the potential to become multibaggers in the long run.

Apart from the above, another way to look for future multibaggers is to look into the past. Stocks which have delivered the highest returns in the past might be a good place to begin y