5 Best Multi-Bagger Stocks to Buy Now

Page 1 of 5

In this article, we will discuss 5 best multi-bagger stocks to buy now. To read the detailed analysis of the current market and these stocks, go directly to 10 Best Multi-Bagger Stocks to Buy Now.

5. Scorpio Tankers Inc. (NYSE:STNG)

12-Month Returns as of August 2: 147.10%

Scorpio Tankers Inc. (NYSE:STNG) is an international shipping company for refined petroleum products. At the end of Q2 2022, Scorpio Tankers Inc. (NYSE:STNG) reported an EPS of $3.13, outperforming the estimates by $0.21. The revenue for the quarter was $405.07, representing a 190.5% growth on a YoY basis. Furthermore, the company exited the quarter with $449.5 million in unrestricted cash and cash equivalents.

On July 28, Scorpio Tankers Inc. (NYSE:STNG) declared a dividend of $0.10, to be paid out on September 15 to the shareholders on record as of August 11. Furthermore, the company also declared that it has repurchased 367,861 shares, valued at around $10.73 million in July.  As of August 2, the company has a dividend yield of 1.04% with an annualized dividend payout of $0.4.



Page 1 of 5