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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in James Hardie Industries' (ASX:JHX...
>>> Read more: Why We Like The Returns At James Hardie Industries (ASX:JHX)
>>> Read more: Why We Like The Returns At James Hardie Industries (ASX:JHX)
