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There are a few key trends to look for if we want to identify the next multi-bagger. 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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. With that in mind, we've noticed some promising trends at Xero (ASX:XRO) so let's look a bit deeper.
What Is Retur...
>>> Read more: Xero (ASX:XRO) Is Doing The Right Things To Multiply Its Share Price
What Is Retur...
>>> Read more: Xero (ASX:XRO) Is Doing The Right Things To Multiply Its Share Price
