How Do You Research New Hidden Gem Stocks like Apple (AAPL)?
5 necessary tips for screening your next big investment
If you had invested in Apple 20 years ago you would have made 338-times your money!
Our partner Joseph Hogue at Let's Talk Money reviewed 5 stocks that could be the next #AAPL on his YouTube. Here’s a thread of 5 of his tips for your next big investment:
1️⃣ Financial flexibility is a key indicator of success! You want to look for companies with a great track record of sales and a large amount of cash on hand. These reserves can keep it afloat during tougher economic times and transitions in the long run. 👌🏼
2️⃣ Joseph screens these stocks for only those with high growth potential- like tech and biotech- that are leading the trends and shaping the future. Combining this with small cap companies (at least under a billion) leaves plenty of room for gains.
3️⃣ Does management in a company produce a high Return On Assets (ROA)? This is a great indicator of companies with leadership that is focused and succeeding in growing the company with it’s assets. If management needs to be effective compared to it’s industry.
4️⃣ We’ll only give away one pick… @viemed healthcare (VMD) is the largest provider of respiration and ventilation devices, and is in an industry that’s expecting to see sales double by 2028! Revenue is from solid recurring income streams like rentals and subscriptions.
5️⃣ Massive companies like @Facebook and @Google are victims of their own success. The amount of capital it would take to match the previous gains is huge, so small and micro-cap companies are where the hidden gems lie!
See Joseph’s other 4 picks:
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Follow Joseph Hogue's portfolio on Stock Card!
💥 Bonus💥 Joseph Hogue keeps his personal Bowtie Portfolio on Stock Card, with an average gain of 23.89%! Follow it to stay updated on his newest picks. Find it here ⬇️