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Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad.
In contrast to all that, many investors prefer to focus on companies like New Hope (ASX:NHC), which has not only revenue...
>>> Read more: Here's Why New Hope (ASX:NHC) Has Caught The Eye Of Investors
In contrast to all that, many investors prefer to focus on companies like New Hope (ASX:NHC), which has not only revenue...
>>> Read more: Here's Why New Hope (ASX:NHC) Has Caught The Eye Of Investors
