This page contains a list of stocks that are currently on my watch list. These are stocks that I do not currently own but would like to when the price is right.
I try to identify companies that are well-managed, have good growth prospects, and sell products or services that should have good demand in the future. Some of these stocks are expensive because they have the above qualities.
Sometimes, the stock market punishes stocks of good companies due to temporary short term issues. Those are good opportunities to start positions in these stocks. The difficult part of investing is to remain patient and wait for the right price rather than chase an expensive stock. This is one of the most important lessons in investing that I hope to learn through this initiative.
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