A Big Thank You to @Tiger_Academy for yet another valuable lesson in Day 6 Education 3 Tips for choosing good companies.
The key takeaways are
1) To focus on 4 key industries - IT, Energy, Medical and Consumer Staples and why they are the most important industries out of the 11 industries indicated.
2) Valuation methods - PE, PB and PS. The importance of these key metrics to valuing a company
3) Which valuation method to use
- In mature companies, use PE and PB
- In High Growth companies use PS
- In Cyclical Industries use PB
Apple was used as an example and it is not cheap basing on the valuation metrics
4) How to access these key metrics using Tiger App - By clicking on the Analyse button.
All these points above will certainly help me to choose the best stocks when I do my research and are really important to know especially in Bear Markets like now.
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