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Reply to "Learning how to research and follow stocks"
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[quote=Anonymous]I'm a strong advocate of "buy what you know." If there is a product or brand you like, find out more about the company. Go to their website and click on "investors." Get a copy of the annual report and read it cover to cover. Where is the company operating, what are its sales trends, what is its growth strategy, what is the experience of the board and senior executive team? Then go find out what outside analysts are saying about the company and how it is performing relative to its competitors/peers. If you want solid returns, stick to broad funds that follow the S&P500, but if you want to make it more of a hobby, then at least look at companies that will make it interesting for you.[/quote]
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