Tue, Aug 13, 2013
The Only 2 Income Stocks That Might Pass the Peter Lynch 10-Bagger Test
In One Up on Wall Street, super investor Peter Lynch detailed a few of the techniques he used to find winning stocks. His goal was to find "10-baggers" -- stocks he believed could be eventually sold for at least 10 times the amount he paid for them.
One of the stock-picking techniques he described was a strategy to find undervalued stocks with above-average earnings growth, strong financials and low institutional ownership. The specific criteria he defined were: