The term, multi-baggers, in the context of the stock market, was coined by legendary investor Peter Lynch in his book One Up On Wall Street. It refers to a stock that delivers more than 100% return on your investment. Seasoned investors will tell you that just having a few multi-baggers in your portfolio can make a world of a difference. Imagine if you had used just 1% of your portfolio to buy Netflix in 2007 at US$2.57 per share. You’d have a 163-bagger in your portfolio today. That 1% position will now be worth 163% of your initial portfolio. Even if the other 99% of your portfolio went to zero, you’d still be sitting on a positive return. But how do we unearth such long-term winners? Here are some things that I consider when looking at which stocks can be multi-baggers over the next few years. Potential Market Opportunity The amount of...