Newly listed in 2017. Much hyped stock in its early years of listing. Always focus on the business, its model, its source of revenues and its earnings. Be aware of how it finances its business activities. Is growth in revenue good or bad for its business? Note growth can be good and can be bad.
In general, avoid buying IPOs (ITS PROBABLY OVERPRICED) and avoid stocks with little track record (ASK FOR AT LEAST A 5 YEAR TRACK RECORD).
Be patient. Your risks are much diminished once you have clarity of the company's ability and future potential. You have the leisure to buy at the time of your choosing. Do not be harmed by FOMO (fear of missing out). :-)
No comments:
Post a Comment