Stock Quick Hits #1
Welcome to stock quick hits! A series of posts where I look at stocks that seem vaguely appealing at the moment. Stocks like China Mobile!
I’ll do about thirty minutes of research and analysis on each stock. That means some background, a look through their financials and a quick calculation in my DCF spread sheet to establish a fair value. If a DCF isn’t applicable, then I’ll use some other metrics.
Then I’ll set a price alert at which point I’d want to revisit the stock and do a deeper dive and/or consider a purchase.
Full disclosure, there’ll be some stocks and industries I’m not 100% familiar with. That means you should take these quick hits as a first look from someone not well versed in a subject. In essence, I’ll be talking out of my ass 20% of the time. Keep that in mind!
China Mobile and General Mills are the first two to make the list. Both recently caught my eye after a couple tough weeks for both.
These picks generally won’t be stocks I think are awesome buys.
More like stocks I think can be good buys if the price is right. These are just companies I want to research more in the future. Doing a quick hit means I can create an alert for a price point so I’ll get an email when that price point is reached.
Since these stocks are ones I think have some issues, I’ll likely be conservative in my valuations.
I’ll try to do this regularly so if anyone has any suggestions for stocks for me to look into then let me know!
Let’s start with China Mobile! Continue reading “Stock quick hits: China Mobile (CHL) and General Mills (GIS)”