Forecasting
As I said so many times, although you can learn a great deal from the past, you can only invest for the future. Consequently, forecasting future earnings of any company you are considering investing in is a major key to long-term success. Furthermore, although forecasting is full of uncertainty, it is imperative that investors apply their best judgment before laying your money down. Even though the future is full of uncertainty, and even though it would be naïve to expect forecasting to be accurate and perfect, does not say that it cannot be done within a reasonable range of certainty. As Warren Buffett once so eloquently put it: “I would rather be approximately right than precisely wrong.”
Furthermore, forecasting is often helpful to run numerous what-if scenarios such as best case, worst case, and most likely case. To me the important principle is that in order to be a prudent investor, you must always run the numbers through to their logical conclusion. Consequently, FAST Graphs has designed our forecasting calculators to help subscribers do just that. In this video I will stress the importance of forecasting and simultaneously how to utilize our tool to do it effectively.
In this video I will cover growth stock Meta Platforms (META) and dividend paying stock Lennox International (LII)
FAST Graphs Analyze Out Loud Video
Try FAST Graphs for FREE Today!
SUBSCRIBE to our YouTube Channel
Click here for our Research Articles
Disclosure: Long FB at the time of writing.
Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.