Getting in on a stock that goes up tenfold or a hundredfold can change one's life. However, you can't depend on a Reddit-fueled short squeeze to get you there in just a matter of months, no matter what AMC Entertainment shareholders tell you.
No, 100-baggers usually take years or decades, and they usually come from smaller companies with competitive advantages, a long runway for growth, and an able management team that knows how to allocate capital and take advantage of opportunities. In that light, those looking for the next small-cap stock to make it big may want to check out Kulicke & Soffa (NASDAQ: KLIC) , LendingClub (NYSE: LC) , and Arclight Transition (NASDAQ: ACTC) .
These three small-caps are leaders in their industries. Image source: Getty Images.
For further details see:
3 Small-Cap Stocks With Big-Cap Potential