FBU News: Investors Will Want Fletcher Building's (NZSE:FBU) Growth In ROCE To Persist - 15th Feb 2024, 8:04am

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So on that note, Fletcher Building (NZSE:FBU) looks quite promising in regards to its trends of return o...

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