“Extraordinary Shares Profits
It is the title of a book written by famous American stock investor Philip Arthur Fisher (September 8, 1907 – March 11, 2004).
If a stock does not meet at least 10 or more criteria, it will be difficult for him to invest money. It was also the foundation that enabled him to be considered one of the greatest investors.
15 Points in a Common Stock Checklist
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Does the company have the products or services with sufficient market potential to make possible a sizable increase in sales for at least several years?
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Does the management have a determination to continue to develop products or processes that will still further increase total sales potentials when the growth potentials of currently attractive product lines have largely been exploited?
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How effective are the company’s research and development efforts in relation to its size?
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Does the company have an above average sales organization?
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Does the company have a worthwhile profit margin?
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What is the company doing to maintain or improve profit margins?
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Does the company have outstanding labor and personnel relations?
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Does the company have outstanding executive relations?
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Does the company have depth to its management?
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How good are the company’s cost analysis and accounting controls?
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Are there other aspects of the business, somewhat peculiar to the industry involved, which will give the investor important clues as to how outstanding the company may be in relation to its competition?
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Does the company have a short range or long range outlook in regards to profits?
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Does the management talk freely to investors about its affairs when things are going well but “clam up” when troubles and disappointments occur?
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Does the company have a management of unquestionable integrity?
Let’s take a look at CEO Hoang Mai Chung’s analysis of stock options and the suitability of Meey Land with these 15 criteria. ( Vietnamese )