Ideally a stock you plan to purchase should have all of the following characteristics:
• A rising trend of earnings dividends and book value per share. • A balance sheet with less debt than other companies in its particular industry. • A P/E ratio no higher than average. • A dividend yield that suits your particular needs. • A below-average dividend pay-out ratio. • A history of earnings and dividends not pockmarked by erratic ups and downs. • Companies whose ROE is 15 or better. • A ratio of price to cash flow (P/CF) that is not too high when compared to other stocks in the same industry.
Airline, tourism and hospitality industry are dying in coming months. No way it would recover fast unless Coronavirus is suddenly disappeared or vaccines is found. To speed up the recovery of the economy, huge spending in infrastructure is unavoidable to fill the gap missing in badly hit services industry. US has no alternative other than introducing massive USD 2 trillions infrastructure expenditures. It could be a good opportunity to accumulate steel sector to bet on the recovery.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
khatulistiwa1234
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Posted by khatulistiwa1234 > 2020-02-18 17:54 | Report Abuse
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