NXT News: There Are Reasons To Feel Uneasy About NEXTDC's (ASX:NXT) Returns On Capital - 18th May 2023, 11:05am

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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. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Although, when we looked at NEXTDC (ASX:NXT), it didn't seem to tick all of these boxes.

Understanding Re...

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