Finding Quality Companies Presented by: Lynn Ostrem, President Crow River Investment Club www. bivio. com/crowriver
The Business Cycle of a Company
Stages of a Company: Ø Start-up (just an idea) Ø Speculative (no earnings yet) Ø Explosive Grower (small cap & mid cap) Ø Moderate Grower (large cap) Ø Mature (income stock)
Graph from Take Stock by Ellis Traub, Investware, Inc.
What Makes a Quality Company?
What Makes a Quality Company? Ø Easy-to-understand business model? Ø Are its products or services unique? Ø Is there a demand for its products and services? Ø Does its industry have a future? Ø Do its products and services have room to expand?
Where do we find companies to study?
Buy what you know! Ø Food Ø Appliances Ø Toiletries (shampoo, shaving cream) Ø Clothes, shoes Ø Linens, throws & towels Ø Electronics (TVs, Stereos, Computers, alarm clocks) Ø Furniture Ø Décor (candles, knickknacks, etc. ) Ø Where do you shop? Ø Where do you eat? Ø What are your hobbies? Ø Where do you buy your children’s clothes & toys? Ø Where do you buy your own clothes? Ø Where do you go on vacation? How do you get there? Ø Who insures your car? Ø Lawnmower, garden hoses Ø Where do you bank? Ø Golf clubs, baseball bats, etc. Ø Where do you buy your prescriptions?
Online Newspapers: Ø New York Times www. nytimes. com Ø Wall Street Journal www. wsj. com Ø Investor’s Business Daily www. investors. com Ø USA Today www. usatoday. com
Financial Magazines: Ø Money Ø Smart Money Ø Fortune Ø Forbes Ø Kiplinger’s Personal Finance Ø Worth
Find ‘em online! Ø Money www. money. com Ø Smart Money www. smartmoney. com Ø Fortune www. fortune. com Ø Forbes www. forbes. com Ø Kiplinger’s www. kiplinger. com Ø Worth www. worth. com
Want MORE Magazine? ? http: //dir. yahoo. com/ Click on News & Media Click on Magazines 3, 800 to choose from!
Daily News – Online: Ø http: //finance. yahoo. com (Financial News) Ø www. moneycentral. com (Investing/Articles) Ø www. cbsmarketwatch. com (quick updates) Ø www. fool. com (Today’s Headlines) Ø www. businessweek. com (Daily Briefing)
Good Old Standbys: Ø Value Line Investment Survey Ø At the library Ø Selections & Opinions Guide has Portfolios Ø Standard & Poor’s Stock Reports Ø Also at the Library Ø Don’t forget S&P Outlook Review Weekly newsletter full of ideas
More Sources for Stock Ideas? Ø CEO Express www. ceoexpress. com Ø Wall Street Executive Library www. executivelibrary. com Ø Trader’s World www. tradersworld. com/links Ø The Online Investor www. theonlineinvestor. com
CEOExpress. com
Executive. Library. com
Tradersworld. com
The. Online. Investor. com
NAIC-Type Stock Ideas
NAIC-Type Stock Ideas: Ø BI Magazine – Stock to Study Ø BI Magazine – Undervalued Stock to Study Ø BI Website – BI Most Active (Stocks page) Ø I-Club-List – NAIC’s discussion board Ø NAIC Forum on Compu. Serve
NAIC-Type Stock Ideas: Ø NAIC Top 100 – (Every April – see BI Archives) Ø Roster of Quality www. iclub. com $ Ø Investor Advisory Service www. iclub. com $ Ø Tin Cup Portfolio www. manifestinvesting. com $ Ø Motley Fool Hidden Gems www. fool. com $
NAIC-Type Stock Ideas: Most Active Articles Top 100 Stocks to study Discussion boards/articles
NAIC-Type Stock Ideas:
NAIC-Type Stock Ideas:
So, when someone tells you they can’t find a stock to study… Tell ‘em…”You just aren’t trying!”
Show ‘em these resources! Your club will think you’re a genius!
Questions? ? Presentation written by: Lynn Ostrem, President Crow River Investment Club www. bivio. com/crowriver
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