研究一个股票的前景, 先要看公司业务的前景归纳起来, 要看:
1. 行业发展前景, 是朝阳行业还是夕阳行业. 通常前者可以COMMAND较高的P/E
2. 行业中的竞争如何, 群雄并起还是寡头已经出现
3. 所研究的公司在行业中的地位
4. 所研究的公司对未来的展望.
再看:
4. 公司财务状况. BALANCE SHEET, CASH FLOW STATEMENT是否健康. 我偏爱ROE高高, NETT CASH多多,负债少少.
最后看:
5. 公司股价(P/E, P/NTA, P/CF) 是否合理. 有些公司上述4点得分都高但都已经在股价中反映了. 如UNISTEEL.有时看基金持有也有帮助, 如果不止一个基金重仓持有, 那股价潜力已经有限了.
欢迎讨论.
some comments
"我偏爱ROE高高, NETT CASH多多,负债少少."
Is there any this kind of dreaming company? I am also very interesting in this kind of company, but still can not find it, except some illegal company... hehe...
Is there any this kind of dreaming company? I am also very interesting in this kind of company, but still can not find it, except some illegal company... hehe...