Where people make a mistake is that they think high-quality companies will translate into high quality stocks, and that often is not the case. With a popular company, you get high expectations and that can push things up so that the stock is not worth buying for awhile.
More Quotes from Nick Raich:
I think some people forecasting profit growth in the single digits are being conservative, which is a good thing when it comes to stocks. They are lowering the bar, which allows companies to meet or exceed estimates.Nick Raich
I know they love me win or lose, but tonight it was about getting it done for all of us.
Nick Raich
Readers Who Like This Quotation Also Like:
Based on Topics: Error & Mistake Quotes, Fame QuotesWell, let's say we acknowledged the School of French Painting - the Paris School of painting as the leading force and vitality of the time. I think that was understood and felt and experienced.
Lee Krasner
In my late teenage years, I developed a real passion for it, and wrote a lot of poetry.
Danielle Steel
We've got a lot of potential on offense. But really potential doesn't mean much if you don't realize it.
Brian Griese