How to pick stock for a long term period

Most people hold the stock thinking that a stock is going well now and it will do well in the coming years, when its price will rise, we will sell it, but it does not really happen and its stock doesn't perform well in the future, or give average return
This is a wrong way to choose stock
We should choose the stock in two ways
1 Is its story good? Is it the story that is going on today? Will it continue to be the same story as the in the future. example for :-
A stock of liqueurs, people are drinking liquor in happiness and in misery, it is always a performing stock
2 There is something in its chart that it looks like its price will go up after a few years.
Hitesh Roy Gupta
So we should choose stocks in these two ways, if anything in future looks like changing story or chart then we should also change.
Let us understand it better by taking a stock
Like Reliance Jio is a company, whose story is very good, it has recently started Jio Mart which is very good because before today there is no company that is doing this kind of work in India in this way. Local is linking the grocery store to the local people,
Other products like jio money which is based on block chain technology can also perform well in the future and some products like jio fiber etc. can also perform well in the future and can overcome the problems of cable TV. And can connect TV to the Internet
Friends, whatever I have talked about is just a view of me. There are no recommendations to buy stocks.how-to-pick-stock-for-long-term-period

Comments

Post a Comment

Popular posts from this blog

Navigating the Stock Market: Understanding the Implications of Extended Trading Hours

Exploring Stock Market Sectors: Identifying Opportunities for Growth and Profit

Risk Management in the stock market