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What is the meaning of a multibagger stock? how is it diferent from other stocks? please help.

2007-06-18 18:21:25 · 1 answers · asked by yashraj 1 in Business & Finance Investing

1 answers

Some people use the term "bagger" to indicate how much a stock increases in value. A two-bagger is a stock that doubles in price, a three-bagger is a stock that triples in price, etc.

So if someone says they expect a stock to be a multibagger, that would mean they expect the stock to at least double or triple in price.

2007-06-19 01:37:16 · answer #1 · answered by zman492 7 · 0 0

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