RE: Stage Analysis Beginners Questions
(2021-12-28, 11:28 PM)fabi470 Wrote: Hi Isatrader!
I hope you had a nice christmas time.
I have a question: i am askingmyself what is more important in stock selection. A strong industry group or a strong sector?
Lets assume that you have two options and you definitely have to choose one:
- Stock A in a very strong industry group, but in a lagging sector
- Stock B in a very strong secot, but in a lagging industry group
So, what is more important to you? Of course, the ideal scenario is a stock that trades in both, the best industry group and in the best sector, but real life is not perfect all the time.
I would love to hear from you and your valuable opinion!
Greetings and a good start in 2022 already!
Hi fabi470,
I completely missed this one. So sorry for the exceptionally slow reply.
For me industry group, and even the sub group within in that is more important than the overall sector, as it includes the stocks direct competitors. So I'd want to see the group moving well first, as the sector includes unrelated areas. So is secondary imo.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.