@Donald @hitesh2710 I am a novice and have Finished one up on wall street approx 20 days ago and had been testing the strategies given by him , but got stuck in particularly one topic
In chapter 10 “earnings,earnings,earnings” he mentions that the stock price folllows earnings , I tried testing this statergy and found mixed results
- As Hiteshbhai mentioned
I tested it and found to be true
so is the case with SRF
But upon looking at titagarh rail system
At one place the stock price fell while the earnings improved
In case of relaxo
While the earnings fell drastically , the stock only went into consolidation
If we look at JSW steel
The earnings have fallen , so can we assume a price correction in future .
Please Note – The time frame is monthly for stock price and TTM for gross profit as used by Peter Lynch in his book
| Subscribe To Our Free Newsletter |
