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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Having said that, from a first glance at Meridian Energy (NZSE:MEL) we aren't jumping...
>>> Read more: Some Investors May Be Worried About Meridian Energy's (NZSE:MEL) Returns On Capital
>>> Read more: Some Investors May Be Worried About Meridian Energy's (NZSE:MEL) Returns On Capital