Rule #1 by Phil Town is one of the better books i've read about picking and buying stocks. He uses fundamental analysis and teaches you how to find ROIC, Equity, Sales, EPS, and Free Cash on the internet. These should all be growing 10% or more per year. He talks about figuring out the 'sticker price' and paying only 1/2 that price when you buy a stock. Chapter 13 shows a summary of all these steps. There is also a very good chapter on studying charts using MACD, Stochastics, and Moving Averages for buy and sell signals. Maybe it is possible to retire with less money if you could get a 15% return per year. His blog has lots of links, and his
webpage has some good web broadcasts.
PS If anyone has some good #1 stocks to check out let me know.
1 comment:
Thanks for the shout out!
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