
Ep. 50: Mike Webster: How To Grade Your Stocks During A Market Correction
Investing With IBD
00:00
The Defects of the Group Relative Strength
It's got a defect, right? The defect was the fact that it's a 46 cents and if those estimates are right, going down to 23, which is a 50% down. So I'm making it from an A all the way down to a B. They've been consistently growing, right, went from 15 when negative 12 cents in 2016, 15, 38 cents, 46 cents, 23 cents,. Then it jumped to a 79 cents this year. It has no earnings growth rate or stability. R we've drawn that equity is only a 2%. That's bad.
Transcript
Play full episode