How are high-growth stocks recognised?
Hi all,
Completely new to investing - began last september and I've seen plenty advice about sticking with index funds, as well as the notorious subreddits such as r/wallstreetbets and r/pennystocks.
What I noticed was that many of the tickers frequently mentioned, particularly in r/wallstreetbets ended up showing high growth this year - I'm thinking the likes of MU, NBIS, ASTS, etc.
I know that this won't always be the case and there will be more losers than winners, and I'm also aware that much of the hype will be due blind social influence rather than redditors doing their due diligence.
But how do people come to agreement that a stock is showing the indicators of 100+% growth? What is it about a stock, whether it is in their earnings reports, news, or other sources of information, that lead people to have conviction? I understand that this will have various answers so
What are the most common metrics used to determine that a stock will show high growth?
What have been your most reliable metrics / analytical techniques?