3 Tech Stocks That Turned $10,000 Into Over $500,000
The legendary investor Peter Lynch coined the term "multibagger" in his evergreen investing book One Up on Wall Street to describe stocks that have more than doubled in price. A stock that doubled in value was known as a "two-bagger," while a stock that rose 20 times was called a "20-bagger."
Growth-oriented investors often seek out multibagger stocks in the tech sector, which has more than its fair share of high-growth and disruptive companies. It might seem tough to find the next big multibagger in this diverse sector, but studying a few stocks that previously crossed that threshold might help investors identify the upcoming winners.
Let's examine three tech stocks that turned a modest $10,000 investment into more than $500,000 -- and what lessons we can glean from their massive multibagger gains.
Source Fool.com
