Perhaps you got a hot tip from someone in an adjacent workstation. Perhaps it’s just a company that you like to frequent. Perhaps it’s a place where you work or used to work.
When owning a stock, you have the huge potential for gain. And you have a huge potential for loss. When looking for a stock check out the company:
- Look for current earnings
- Annual earnings
- New products or service (provides potential for huge gain)
- Supply and demand are positive
- Leader in the industry
- Institutional ownership (some of the big boys own it)
- Market leadership