I think I can fairly claim to be a serious fan of Ashtead Group as an investment. The shares have featured six times in QV, all profitable and 20 times in all my publications, starting at 207p in December 2011. In the 1980s, famous fund manager, Peter Lynch, coined the phrase, 10-bagger, for shares that go up more than tenfold after you buy them. Ashtead is comfortably a 10-bagger for me.
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