Which stock are you going to buy during the dip due to coronavirus?

Fair play. Lots of love for BMS. May have to look into it a little more :+1:t2:

Can I ask why you donā€™t trust Simply Wall Street? I am fairly new to investing and researching stocks but have found it pretty engaging to use. Seems well thought out and uses analysis from numerous different analysts and companies.

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Huge fan!!! Largest holding I have. Itā€™s going to be a lifelong holding for me and itā€™s a future dividend aristocrat in my opinion. My aunt that works in biotech VC said itā€™s a wise move and I trust her judgement.

@Codf @Zylan Amarin taking a pounding today despite beating Q4 revenue expectations. Stocks are weird like that. I wish I had dry powder right now. Perfect time to buy more AMRN and everything else. Ireland Italy called off in the rugby as well. French stealing the championship by default :face_with_symbols_over_mouth:

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I believe Corona beer are releasing a version

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Our blood alcohol level is too high for Irish people to get it. There was a story about a guy in Ireland beating it by drinking whiskey :rofl: Currently in the bar taking the antidote

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They take into account numbers, but not factor in news and sentiment. For example, in the case of BMS they wouldnā€™t be aware of the drug pipeline, in the case of Greatland Gold they wouldnā€™t know how well they are progressing with developing the mines.

Analyst recommendations do take this into account, but often have their own motives for pushing stocks.

If it was as easy as filtering by high future growth and undervalued, everyone would be a billionaire. :grin:

Theyā€™re helpful on filtering down into a short list, but then you need to do your research to see if their picture is actually a true reflection of whatā€™s happening.

Even then, stock picking remains a bet. But you can throw a dart at the stock universe and have a random bet, you can filter with tools like Simply Wall Street and have a calculated bet, or you can then do tons of painful lengthy and laborious research and end up with an informed bet.

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Most arenā€™t on FreeTrade, but Citi, Caterpillar and Square are.

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One that Iā€™ve been considering for a while is Pfizer.
It has 8 different $billion drugs (none of which are viagra surprisingly)
Nearly $52bn in sales
Recently aquired Array Biopharma for $11.4bn
An interesting 3.9% dividend
All for a 12.5% discounted price

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Definitely seems undervalued, but havenā€™t looked into them in detail. What is their pipeline like?

I added to Pfizer the other day, one of the leaders in BioTech alongside JNJ, Abbot and Crispr.

I believe thatā€™s going to be the future of pharma, and like you say massively discounted at the moment :ok_hand:t3:

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Have you looked into Illumina? Very interesting biotech stock.

Can I bang the drum for deepmatter again too?

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Thanks. I will go and take a look at them. Iā€™d like to start learning about investing with some analysis tools. Anyone else you would recommend? Not that you like them or not, just that I donā€™t know who else does something similar to simplywallst (sounds like a rather old name)

Thereā€™s a few, but none can be used in isolation.

Atom Finance uses more fundamental data, but is a bit more limited for now as itā€™s early days.

Genuine Impact is a UK based startup and uses factor analysis for their filtering, but is also early days and has a somewhat limited stock universe (5k I believe), although that doesnā€™t matter as much given the limited universe in FreeTrade.

You also have news sources that help understand the market. Barronā€™s is good for broad market info, but itā€™s a chunky subscription. SeekingAlpha has an interesting news letter, and at times does a bit of a deep dive on certain stocks. MorningBrew does a daily state of the market email shot. The Irrelevant Investor does some good analysis, but less frequent.

Then you have stock picking services like the Motley Fool or Seeking Alpha, where for a fee you can get stock picks, or can copy their portfolios. I havenā€™t used them, so canā€™t judge how they are.

I also got access to CitiWire and other professional services as I work in the investment management industry myself, although not in the actual front office (ie the investing bit) myself.

Personally, I find it best to read tons of email letters and sites, and then pick up the best bets and do more research them. Tools like Simply Wall Street can definitely help with filtering down into a short list, looking at portfolio performance, ensuring youā€™re properly diversified, etc, but theyā€™re just part of the equation.

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Yh, been following Amarin drop closely, it is still a long play give it 3yrs. For now very happy with cloudflare is covering the drops in portfolio.
If only I could hv bought more cloudflare as majority to my time with cloudflare was a loss until very recently they spiking upwards.

Thanks a lot! Will give them all a look later

2 cents:

Thereā€™re a lot of thought leaders and pundits with no track record. Just turn on CNBC or read a blog post on The Motley Fool not written by the founders (their analysis costs money but is quite good, they have a long track record).

Major advice: Invest in financial education - earnings per share or price per share can be derived from financial statements. Income statement, balance sheet, cash flow statement, footnotes, press releases - you can learn how to read them online on YouTube, Udemy and without a Masterā€™s. It takes time to get good at it - practice makes perfect. Yahoo! Finance has a lot of free no-login access to company financial statements.

Studying company fundamentals have helped Buffett get to the top consistently and slowly.

Most of the major markets are dominated by algorithmic trading.

UK stock market vs US stock market - very different.

You can learn from people with consistent track record (e.g. Ray Dalio or Warren Buffett) - check Berkshire Hathawaysā€™ free annual shareholder letters on their 1990s style website. Tony Robbins interviews the top minds who almost never give an interview - or claim they can predict the future (they just hedge) - in his Money book that he wrote after 2008:

(this Chris Reining guy mentioned above has a good blog - he seems like a disciplined investor with lots of life advice)

Occasionally you come across free advice like this one that gives you a perspective on how the entire system (QE, central banks, etc) works as well as individual stocks (via @101) :

Thereā€™re get rich quick schemes - avoid. They are like those online marketers claiming to know how to make $1mm off real estate easily.

But if youā€™re interested in day trading, good luck. Itā€™s you versus machines.

You can always find a good company with a bad price. And if a good company is run by incompetent people, it helps to learn about the management.

Thereā€™re also companies like the automakers being pushed to change their fundamentals to survive - and they canā€™t do that overnight.

Also, learn about personal biases:

It helps to know about different sectors - weā€™re not in the 20th centry and are about 20% through the 21st:

(and look what happened to Intel after 2008ā€¦)

It helps to know how IPOs work and what stages there are in VC funding - whoā€™s winning even if the IPO drops and stays there, because the business is bad.

It helps to learn about what debt does to the balance sheet - is it there and how big is it. Itā€™s often overlooked until some company has no money to service its ā€œmortgagesā€.

Next 10 years - nobody knows what will happen, but books like this are helpful:

https://www.amazon.com/Future-Faster-Than-You-Think/dp/1982109661

Also helps to study history - e.g. 1980s ups and downs (the savings and loans one), 1990s had a bunch, dot-com, 2008, European sovereign stuff, the current one.

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Posts like this is why you were missed good sir!!!

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Iā€™ve just got a small number of Aviva at 354 after another expected market drop this morning. Been watching them for a couple of years and this is the start of a long term holding. Got some cash so able to drip in.

I done the same yesterday with Vodafone, been on my watchlist for some time so Iā€™ll look to average down on that should things go lower, looks like it will.

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this is where freetrade and 212 trading will get a huge bounce with new customers

i just hope newbies donā€™t buy shares that they canā€™t afford expecting quick returns as the market could still fall much much further especially if covad 19 is classified as a pandemic thats when the markets will tumble and fall hard.

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Very detailed thoughts thank you. Are you a full time investor or someone working in investments? Amazes me that you have the time to lay out all these useful thoughts here