Gearing Up for the Next Ten-Bagger: Where to Look

AMR

The stock market is the only store where things go on sale and customers run for the hills.

While a bear market is certainly painful, there is a beneficial, yet overlooked aspect during a period of falling stocks: it creates incredible future profit opportunities. And we want to make sure we’re ready to pull the trigger when the time comes.

Make no mistake – this bear market is laying the groundwork for investors to make boatloads of money in the coming years. Many investors missed the chance to multiply their money several times over during the trough in previous market cycles. But the market is once again setting up for the opportunity of a lifetime.

The Wonderful Tenbagger

In stock market terms, a “tenbagger” is a stock that has risen ten times in value since the original purchase. If you’ve ever had the pleasure of snagging a tenbagger, you know how appealing it can be.

The best time to initiate a bullish position with tenbagger potential is after a vicious bear market when stock prices are depressed. The undervaluation created by a decline in demand and extremely negative consumer sentiment helps to mark a shift for the bulls. While the move can be subtle at first, prices can swiftly reverse course and notch huge gains in a very short period of time.

After the March 2020 bottom, Titan International – a leading, global manufacturer of wheels, tires, and undercarriage products – soared from $1/share to over $11/share over the course of a year.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>