Just looking for some general tips and ideas from people on how to assess your sources when deciding to make a trade. What are some of the most important things to look at in order to make an educated move instead of a dartboard-throw investment?
Example, I have a position in Coke. During my initial learning experience to trading, it kept popping up as a solid, safe stock to have, and I really enjoy coke products anyway, so it has been a good decision so far. But if I wanted to verify that Coke was a good investment, what would I be best off looking at? What are the most reliable sources to follow for company news, business moves, revenue, and future outlook? I try to look at the stock analysis info on my broker page as well.
I'm still inexperienced with stocks, and lately I haven't made any moves and just holding what I have because everything is really red so I feel like I'm standing in a mine field, but this also seems like an opportunity to grow my knowledge and maybe get something I think would go up once things settle down.
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