Hello people,
I have been trying to get more active in stock investing. Unfortunately I couldn’t find a starting point to screen stocks. So I have tried different methods proposed my Joel Greenblatt, Peter Lynch etc. As an amateur, I find it hard to convince myself to screen through stocks just by using some multiplies or ratios without much understanding. So I tried to increase the number of evaluations I use to filter out my stock. Hence I ended up with the intrinsic value with discounted cash flow method. I have tried to use various stocks in this analysis and everytime no matter how good the multiples or other criteria look, the intrinsic value comes out very low making the stock almost always over valued. And not by a small amount.
I was just wondering, is there any confident way of screening stocks ? If so could any of you guide me through the process ? I prefer quantitative even if only gives one half of the story. Qualitative, finding moat etc. are something I have zero knowledge in and looks extremely daunting to study different industries and understand businesses. I want to pick some stocks that are fairly valued, gives average return over a few years. Do not want to sell regularly. I am not interested in buying only Multibaggers as my understanding is below par.
Thank you in advance.
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