TLS News: Telstra Group (ASX:TLS) Hasn't Managed To Accelerate Its Returns - 26th Oct 2023, 10:19am

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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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after briefly looking over the numbers, we don't think Telstra Group (ASX:TLS) has the makings of a multi-...

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