During the COVID-19 pandemic, over 15 million Americans actively used trading apps. In Europe, India, and the Philippines, retail investors have also been found to be hyperactive. A two-fold increase in buyer activity occurred during the event. In 2020, retail investors in the United States will become the majority shareholders in companies, overtaking well-known corporations. Devon Energy Corporation and NVIDIA Corporation are two of the most notable multi-bagger stocks in the last year.
Insider Monkey selected the 10 best multibagger stocks to buy now. Devon Energy Corporation reported EPS of $1.08 for the third quarter, exceeding estimates by $0.15. The results were released on November 2. The quarter’s revenue totaled $3.47 billion, an increase of 224.84 percent from the same period last year. Unsecured personal loans of up to $40,000 are available through LendingClub Corporation (LC). To compare, in the third quarter of 2013, a total of 23 hedge funds reported holding a total of $375 million in LendingClub Corp. Signet Jewelers Limited is the world’s largest diamond jewelry retailer. Kay Jewelers, Jared and JamesAllen.com are all owned by the company. Announcing its acquisition of Diamonds Direct for $490 million in cash on November 18, the company said it had completed the transaction. Services provided by Grid Dynamics Holdings, Inc. include technical consulting, software design and development and testing as well as emerging technology engineering services and lean labs. “Stellar” Q3 results were posted by the company, which surpassed expectations on every front. During the third quarter of 2021, only 19 of the hedge funds tracked by Insider Monkey were bullish on Chico’s FAS, Inc. There was a 29.09 percent increase in revenue for the quarter, totaling $453.64 million. For more details, click 10 Best Multibagger Stocks To Buy Now.