January 30, 2009
Forex trading system – So review those indispensable attributes of growth stocks listed in this chapter and apply them to companies that interest you in dynamic industries.
Before you buy, get all the information you can yourself and from your broker. Then do two things: (1) consider the price of the stock you’re looking at in relation to present and prospective per share earnings; and (2) virtually ignore dividend yield. About price, many growth stocks sell at 40 to 50 times per share earnings. That’s not too high a price for shares in companies growing 30% or more a year. But in general, try to buy a growth stock within 30 times its last twelve-month reported earnings per share. About dividends, if you’re looking for a 5% yield on a good growth stock, you’ll just never buy one!
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[tags]Forex Currency Trading[/tags]