Whether it is bull or bear, strategy and tactic must be right first. Investment can be done whether it is bull or bear now. Firstly, pick the “right” industry/industries or sector(s)of the business then select the “best” stock(s). Study the performance (P/L, cash flow, debt, revenue) n potential of these companies (“moat”) and also their valuation vis-a-vis the current stock price. Then decide what is the “right” price ranges to invest in. It does not if it is bull or bear market now. It is not easy to find what was said above but if can find one or two stock(s) then they are gems. Over time and a fee of rhese exercise, there will quite a handful of stocks to invest. We don’t need many - conservatively 5 to 10 stocks would be good enough over 2 to 3 years period.
Which Great Stock Do You Always Lose Money On?
Have you ever consistently lost money on a stock that everyone thinks is great?
For example, $PDD Holdings Inc(PDD)$ currently has a PE ratio of only 10.36, it's growing rapidly, and it's highly profitable. Many investors familiar with China can't resist buying Pinduoduo because it always seems undervalued.
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