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If you're looking for a multi-bagger, there's a few things to keep an eye out for. 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. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Ergo, when we looked at the ROCE trends at Wesfarmers (ASX:WES), we liked what we saw.
Understanding Retur...
>>> Read more: Wesfarmers (ASX:WES) Looks To Prolong Its Impressive Returns
Understanding Retur...
>>> Read more: Wesfarmers (ASX:WES) Looks To Prolong Its Impressive Returns
