I recently red chapter 13-14 where he actually tells the reader what their checklist should contain to find the best growth stock:
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Not less than $100 million of annual sales.
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Company assets should be atleast twice current liabilities (2 for 1 ratio)
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Some earnings for the common stock in each of the past ten years.
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Stock price below 2/3 of tangible book value per share
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Stock price below 2/3 of Net Current Asset Value (NCAV)
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Total debt less than book value
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Uninterrupted dividend payments for at least the past 20 years
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Increase of at least 1/3 in per-share earnings in the past 10 years using "3 year averages at the beginning and end"
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Current price should not be more than 15 times average earnings of the past 3 years.
10. Current price should not be more than 1 1/2 times the book value last reported.
Problem is, I don't know where to look for these statistics. I go on yahoo finance and look at "statistics", but I don't know which areas to look at to complete this checklist. I mean i Know there is "debt", but all I do is see if the debt is bigger than the cash flow.
Conclusion-can someone help explain where to look for each step?
Submitted April 15, 2017 at 05:11PM by justdoit4265 http://ift.tt/2nPImUk
