Peter Lynch built an impressive track record as the fund manager for Fidelity's Magellan Fund. Under his stewardship, from 1977 to 1990, the fund beat the S&P 500 index in 11 out of the 13 years. And it produced an impressive 29% average annual return.
Fortunately, Lynch shares his wisdom in a book called One Up on Wall Street. He describes his philosophy, which is buy what you know, research the company's fundamentals, and plan to make a long-term commitment.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
With this in mind, here are two consumer goods companies that fit the bill.
Many people continue to shop at Costco Wholesale's (NASDAQ: COST) giant warehouses. If you've ever gone into one, you can usually see a crowd.
#NVIDIA #fund #flashing #years
Fortunately, Lynch shares his wisdom in a book called One Up on Wall Street. He describes his philosophy, which is buy what you know, research the company's fundamentals, and plan to make a long-term commitment.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
With this in mind, here are two consumer goods companies that fit the bill.
Many people continue to shop at Costco Wholesale's (NASDAQ: COST) giant warehouses. If you've ever gone into one, you can usually see a crowd.
#NVIDIA #fund #flashing #years
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