Ep. 179: Kathy Donnelly: On The Prowl For First Stage Bases
Investing With IBD
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The Importance of Earnings in a First-Stage Base
I think it's still pretty thin and but it does have some sales so you know we'll see yeah it actually has some pretty strong sales. The last quarter was 58% and that's nothing to sneeze at especially with such a large number. Now there aren't any earnings now a few years ago it seemed like well gosh all you need is the the big sales growth earnings don't matter then as this year kind of unfolded that became all of a sudden earnings were a lot more important and PE's became important.
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