OTC stocks often go unnoticed as there is an ocean of ideas to research and buy from the main exchanges. That’s understandable also because liquidity is higher in the main exchanges as compared to the OTC exchange. At the same time, OTC stocks, in general, have a relatively high beta.
I would however not completely ignore OTC stocks. There are some fundamentally strong businesses that trade in the OTC exchange and are not in the limelight. This column focuses on the overlooked OTC stocks that can deliver multibagger returns in the next 24 months.
As a basic screener, I have looked at OTC stocks that represent companies with a steady growth outlook and potential for upside in cash flows. Ultimately, it’s the free cash flows that determine the valuations.
Let’s look at the reasons that make these OTC stocks potential money spinners in the medium term.
Curaleaf Holdings (CURLF) Source: Jetacom Autofocus / Shutterstock.com
Curaleaf Holdings (OTCMKTS:CURLF) is among the OTC stocks to buy and hold for multibagger returns. The cannabis operator in the U.S. and Europe seems to be poised for robust growth in the next few years. There are two reasons to believe that CURLF stock will surge higher
