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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.
If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may ...
>>> Read more: With EPS Growth And More, Viva Energy Group (ASX:VEA) Makes An Interesting Case
If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may ...
>>> Read more: With EPS Growth And More, Viva Energy Group (ASX:VEA) Makes An Interesting Case
