Investing in stocks can be a fruitful or fateful venture, and the outcome - good or bad - is often a surprise. Super Stocks introduces unique and powerful, yet easily understood new methods for valuing stocks and analyzing and predicting future profit margins.
Fisher shows investors how to use innovative techniques and fundamental business analysis to spot Wall Street bargains. Price Sales Ratios (PSRs) and Price Research Ratios (PRRs) are the new tools for valuing stock and for cross-checking the valuation of technology companies.
In addition to having low PSRs, 'super stocks':
- Increase 3 to 10 times in value in 3 to 5 years from initial purchase.
- Are stocks of 'Super Companies' bought at prices appropriate to inferior companies.
- Offer long-term rates of return - between 25% and 100% per year.
Super Stocks shows how to successfully research a company - who to see and what to ask - before parting with your money.
'By a leading American investor, this is a superb guide to buying high-technology stocks that have experienced a setback and are due for a massive recovery in their share prices.'
- Jim Slater, reviewing for The Good Book Guide, 1996
PART ONE - The Anatomy of a Super Stock
1. Get Rich with the 'Glitch' Analyzing Super Stocks - In Search of 'The Perfect Glitch'
2. What Makes the Glitch Twitch?
PART TWO - Valuation Analysis
3. Conventional Approaches to Stock Valuation - The Riddle: Ten Times Earnings Is Too High and Thousand Times Is Too Low
4. Pricing Is Everything - Use Price Sales Ratios
5. Price Research Ratios - The Cost of a Good Set of Brains
6. Applying Price Sales Ratios to Nonsuper Stocks
7. Fortunes from Failures - The Myth of the 1930s.
PART THREE - Fundamental Analysis
8. Super Companies: The Business Aspects - Stalking Excellence
9. Avoid Risk - Avoid Competition
10. Margin Analysis - All I Really Want in Life is an Unfair Advantage
11. Margin Analysis Continued - Formulas and Rules
PART FOUR - Dynamics
12. Into Action - There's Method to the Madness
13. Bringing It All Back Home - When to Sell
14. Verbatim Corporation - Disco Baby
15. California Microwave - Ride the Wave