dear @Smart_trade , thanks for your guidance to all newbies like me. Just as someone has pointed recently that stocks like Bajaj Finance has given cagr of 80% something in past few years and may not be giving same returns (may be 20-25% for next few years). My question is how to identify such stocks before they shoot up ? I mean we might get the opportunity to invest now so what signs we should be looking for to pick the 'next trillion dollar stocks' ourselves?
thanks once again.
thanks once again.
Go to screener.in and see the financials of Bajaj Finance,Pressure Cooker and Appliances,Nestle,Titan ,Eicher Motors,TCS and just see the period from which the earnings growth of over 25-30 % YOY started. In almost all cases the super growth in stock price is after the stock gets super growth in profits.....just check last 10 years data and you will understand how to spot multibaggers.......we get sufficient time ( many months ) to buy these stocks after they start their super growth.
Smart_trade