What Does a 10 Bagger Mean?

What Does a 10 Bagger Mean?

A 10-bagger is an investing term first used by famed Fidelity mutual fund manager, Peter Lynch, in the 1980s and 1990s. It describes a stock that returns a 1000%. That would entail an investor buying a stock at $10 and watching it go to $100, for example.

What is a 10-bagger example?

Its market cap is almost $1 trillion (as of 2018). For the company to be a ten bagger, its market cap would need to hit $10 trillion. Examples of large companies that started as small ones and later became ten baggers include Apple, Netflix, Google, and Tesla.

What percentage is a 10-bagger?

Peter Lynch, arguably the greatest mutual fund manager and growth investor ever, coined the term "10-bagger" in his 1989 investing classic, "One Up on Wall Street." It refers simply to any stock that will run 10 times higher than what you paid for it, and Lynch, who amassed annualized returns of 29.2% between 1977 and ...

Sophia Al-Mansoor
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Sophia Al-Mansoor

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.