Buy Whiting Petroleum

The search for multi-bagger stocks can be frustrating at times.  When you find a proven winner, you need to hang on to it.  For example, at $680 per share in September 2012, Apple has grown around 8 times in the past several years since the low of $85 per share in March of 2009.  Gaining this much money over several years can be a life changing event for good.

Since Apple is now the largest company in the world, it is unlikely that it will grow another 8 times.  Therefore, we need to look elsewhere for multi-bagger stocks.  One possible stock for gaining 200 to 300% in the next several years is Whiting Petroleum (WLL).  They own a lot of acreage in North Dakota where the oil business is booming.  In fact, North Dakota is now the 2nd highest oil producing state in the U.S. after Texas.  Whiting is already up 10% in the past month, and they may have a 20 year supply of oil in North Dakota.  Now is the time to buy WLL and hang on for the next several years because we will always be using oil.