sweet spot9 Dec 2013 12:39
is turnaround... with low EV/EBIT and prospect of improving EBIT (so TSTL imv)...ratings expansion plus profit growth equals 5-10 bagger type potential
...but you need to diversify of course and there aint enough turnarounds...
....so I like keeping my turnarounds (most obviously/prominently the 8-10 bagger rgs) for a long time as they mature (and accept high ratings/less dramatic sp growth prospects) and tri (less spectacular than rgs...but steady) and now pen (i may well get to like that one lol...good spot, shan)