Fabasoft stock is a stock that went up 10 times over the last 5 years which makes it a ten bagger. A few ten baggers in your portfolio and you are set for life. I looked into the company and also looked for the factors that created the spike in Fabasoft's stock price.
The key factors to look for when looking for ten bagger stocks are:
- development of new products based on a profitable basis
- increase in revenue and profitability thanks to product expansion
- increases in dividends and buybacks thanks to good business, thus rewarding shareholders.
Fabasoft stock represents Fabasoft, a software company that is working for public institutions mostly in Germany.

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0:00 Fabasoft stock price performance
2:53 Fabasoft business overview
5:46 ten bagger factors
8:33 Fabasoft stock outlook

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