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We Think PHX Energy Services (TSE:PHX) Might Have The DNA Of A Multi-Bagger

By Yahoo! Finance   |   Aug 5, 2024 at 07:11 AM EST
We Think PHX Energy Services (TSE:PHX) Might Have The DNA Of A Multi-Bagger

When looking for a multi-bagger stock, focus on trends like increasing returns on capital employed (ROCE) and growing capital employed. PHX Energy Services (TSE:PHX) shows a strong ROCE of 26%, outperforming the industry average.

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