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Kurt de Herdt's avatar

Both the software industry (especially big tech) and the Biotech/Pharma sector are driven by acquisitions. Small promising companies that have the potential of becoming a 100 bagger are taken over. This was not the case in the past - where internal pipelines drove business growth. As such, your study should also at least track M&A figures of the different sectors.

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Kevin's avatar

Thanks for the comment. Will include it in the project!

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sangram's avatar

Excellent

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sangram's avatar

https://www.motilaloswal.com/site/rreports/635542588369519988.pdf — this study done in India may be useful for you

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Kevin's avatar

Thanks for sharing. I actually already wrote an article about that study

https://www.100baggerhunting.com/p/5-easy-steps-to-multibagger-returns

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