This is a pitch for the first individual stock purchase I ever made, Coach Inc. What drew me to this stock was consistent EPS and revenue growth, excellent amount of FCF as a percentage of sales, slightly decreasing SG&A over time, stable and excellent gross margins, and top-notch management. First, the financials: [more]
Avoiding stocks because you think the market is overvalued? Stupid.
Avoiding stocks because you can't find a single undervalued stock? Smart.
Be sure to examine your reason for buying or avoiding stocks; it might be the wrong one.