How are you fellas analyzing your positions and new potential stocks?
I recently read a book that broke down some key numbers to look at. I decided to review my stocks on a regular basis with the attached breakdown and use it to gauge new positions. I'm using Morningstar for the data.
I'm far from an expert and green at this, but I'm learning quickly. As you start digging into the numbers and comparing different stocks, you start to get a better feel for your positions.
I analyzed Snap On which is attached. I found it to be very positive:
Gross and Net revenue have been increasing for 7 years
P/E ration is still below 20
Dividend payout has been consistent and the increases should out distance inflation
There debt is actually Decreasing! And they can pay off all their debt in less than 5 years based on net income.
The only factor that wasn't positive was that their outstanding shares is stagnant. Many of my other companies have been buying back their own stock decreasing outstanding shares.
If anybody would like this form blank, just shoot me a PM.
__________________
Todd
Last edited by Vegas69; 12-06-2016 at 08:20 PM.
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