Hi Rulers I have a question.
When I start looking for undervalued stocks, why shouldn’t I first filter stock that the P/B is low and then from there look for companies I know and understand (I know I don’t understand in oil drilling, biotechnology and technology as a whole)? From there I have a head start in knowing what may be a possible investment. If I do it opposite and first look for what I like and then check the basics I will have to go through much more stocks for no real reason.
What do you say and maybe share some tips on where you start when looking undervalued company.