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If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So when we looked at the ROCE trend of Jumbo Interactive (ASX:JIN) we really liked what we saw.
Underst...
>>> Read more: Under The Bonnet, Jumbo Interactive's (ASX:JIN) Returns Look Impressive
Underst...
>>> Read more: Under The Bonnet, Jumbo Interactive's (ASX:JIN) Returns Look Impressive