How to Choose a Good Stock

Stock trading opens up a vast world of wealthhelps a company to do well in the market. Quality and
accumulation for investors. However, it is only possibleintegrity helps a company to stay strong in the long run.
when the investor can choose the "award-winning"Hence, it is essential to do a background check of the
stocks that bring true value for the money invested.company and its management before making a heavy
Here comes the most pertinent question of how toinvestment.b. News about a company
choose a good stock. Contrary to the belief someReading about publicly traded companies, stock
investors have, there can be no set formula or rulemarket, etc., on websites and newspapers help to
that applies to this methodology of choosing stocks. Itgauge the present and future potential of a company.
depends a lot on the personal knowledge andThe Wall Street Journal and the Business section of
capabilities of the investor. However, there are certainthe local paper are like "Bible" to a devoted investor.
things that can be followed and kept in mind whileAnother factor is analyzing a company's financial
making a decision.statements and balance sheet. The income statement
1. Paying attention to the what the market says:gives s good idea of whether a company goes
With so many different factors affecting a company'sbeyond analysts' expectations, making a good
overall profits and condition, it is very difficult to predictinvesting option. A positive, large, and increasing cash
which stocks hold good in the long run. But, one shouldflow indicated by the cash flow statement also
be careful enough to keep an open eye toward thepredicts a good potential for growth. The PE ratio, or
market conditions. Stocks do not take care ofthe Price/Earnings ratio, is a measure of the value of a
themselves; hence, it is the job of the investor or thestock.
stock broker employed to keep a track of the good"PE ratio = market price of the share / earnings per
stocks. A lot of information available in the market isshare" When the ratio is 1 it may mean that the stock
intangible. The profits of the company can beprice is fair; when greater than 1, it may mean that it is
measured; however, factors like the company's staff,over-valued. Thus when it is less than 1 and means
its competitive advantages, its reputation, etc., hold athat it may be under-valued, an investor may assume
more crucial role in determining the performance of thethat the stock has good potential for growth. Another
stocks. For example, if a company's staff is involved infactor is the top management and the outlook of the
some kind of a scandal, its stock prices are sure to hitstakeholders. A company's future depends on its
the "bottom."leaders. So this factor must also be considered while
2. Investigating and researching:investigating about the company and its stock.
What makes a good stock picker is a vast knowledge3. Not putting all "eggs in the same basket":
of the stock market through constant knowledgeDiversification is a very good way to cushion against
gathering. So it is very important to study and researchthe fluctuations in the stock market. It is always wise
a lot of factors before coming to a decision.a. Theto spread the investment over a large number of
history and background of a companycompanies, rather than investing a large proportion in
Good management, quality products or services, etc.,the same company.