You will find your best buys when the market is unjustifiably pessimistic about a sector.
It is in such situations that one can find incredible buys among the beaten-down stocks in the sector. You do have to be patient and hold on to the stocks for a while until the crowd realized its mistakes.
If you believe the market has beaten down this sector UNJUSTIFIABLY, start looking for good buys in this sector.
Do not look for the cheapest stock; instead find the stock of a company with financial results that meet your criteria and a solid management team (QVM).
Look at the new daily lows in the financial press. Find a stock that has been beaten down for two or three years and has already taken its big fall.
Research the candidates you've found. You'll find a lot of stocks that have been beaten down JUSTIFIABLY - just move on.
But start watching those gems in the rough as you research them further to determine whether they are a good buy for you.
It is in such situations that one can find incredible buys among the beaten-down stocks in the sector. You do have to be patient and hold on to the stocks for a while until the crowd realized its mistakes.
If you believe the market has beaten down this sector UNJUSTIFIABLY, start looking for good buys in this sector.
Do not look for the cheapest stock; instead find the stock of a company with financial results that meet your criteria and a solid management team (QVM).
Look at the new daily lows in the financial press. Find a stock that has been beaten down for two or three years and has already taken its big fall.
Research the candidates you've found. You'll find a lot of stocks that have been beaten down JUSTIFIABLY - just move on.
But start watching those gems in the rough as you research them further to determine whether they are a good buy for you.
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