Reasons to buy/invest – UNITEDHEALTH GROUP

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see UNITEDHEALTH GROUP makes a margin of 92% on the Operating Level and about 5.3% on Net level This means that out of $1 that it makes $0.53 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 13% in the revenue and the net profit figures grew by 33.5%. Note the Dividends have increases by 20% which is a sign that the company is willing to give back cash to the shareholders.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see UNITEDHEALTH GROUP makes a Return on Assets of 8% and Return of Equity of 23% which is pretty good. Note that since this is a stock from the Financial space, the Assets will be financial assets and will be huge. Hence the Return on Assets of over 1.5% in this case is a great performance.

Except for the Debt to Equity ratio which is generally high for Financial companies all the other parameters look good and this is a company worth investing in.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by UNITEDHEALTH GROUP to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=731766&accession_number=0000731766-18-000018&xbrl_type=v

Balance Sheet

Income Statement

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see TRACTOR SUPPLY CO makes a margin of 33.5% on Gross Level but only about 4% on Net level This means that out of $1 that it makes $0.04 is being pocketed as profits. This means that the pricing power that the business has is very low among its consumers.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see TRACTOR SUPPLY CO grew at an good rate of 7.6% in the revenue and the net profit figures grew by 18.4%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see TRACTOR SUPPLY CO makes a Return on Assets of 9% and Return of Equity of 22% which is pretty good.

Here we see that TRACTOR SUPPLY CO scores poorly on the Margin front and also in terms of the Revenue growth rate. Although the Dividend are growing at a good rate of 13%. Probably a good investment option once the Gold standard stocks are ticked off the bucket list.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by TRACTOR SUPPLY CO to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=916365&accession_number=0000916365-18-000049&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – INTUITIVE SURGICAL

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see INTUITIVE SURGICAL makes a margin of 33% on Operating Level and about 34% on Net level. This means that out of $1 that it makes $0.34 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 25% in the revenue and the net profit figures grew by 59%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see INTUITIVE SURGICAL makes a Return on Assets of 18% and Return of Equity of 21% which is pretty good.

INTUITIVE SURGICAL is involved in development and manufacturing of delicate instruments used for invasive surgery. Given all the fundamental parameters are clear of the thresholds that we have set this falls in our good books.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by INTUITIVE SURGICAL to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1035267&accession_number=0001035267-18-000048&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – ESTEE LAUDER

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see ESTEE LAUDER makes a margin of 15% on Operating Level and about 11% on Net level. This means that out of $1 that it makes $0.11 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 18% in the revenue and the net profit figures grew by 25%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see ESTEE LAUDER makes a Return on Assets of 12% and Return of Equity of 31% which is pretty good.

Skin care, Makeup, Fragrance, and Hair care products – That’t what they sell and they run it profitably.

All the brands that they sell can be found below. If you buy any of these products, please include the stock before you buy their products.

https://www.elcompanies.com/our-brands

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by ESTEE LAUDER to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1001250&accession_number=0001104659-18-029710&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – CONSTELLATION BRANDS

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see CONSTELLATION BRANDS makes a margin of 24% on Operating Level and about 25% on Net level. This means that out of $1 that it makes $0.25 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of -0.7% in the revenue and the net profit figures grew by 22%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see CONSTELLATION BRANDS makes a Return on Assets of 10% and Return of Equity of 25% which is pretty good.

Given that drinking is a affliction that affects almost the entire population except for kids below 20(i hope), Constellation Brands needs to be in your bucket. Note that the Revenue Growth doesn’t match up anywhere close to our threshold of 10% we are still positive on this stock since this is a long term business that is going to grow as long as human beings drink. Off course this might not be the preferred brand but then we can always select the biggest brand. Note also the exception margins that such sin good companies enjoy.

And then there is also cannabis-infused beverages that it owns through Canopy Growth Corporation(ticker name WEED-CA). So maybe not worth debating on whether to invest or not.

https://www.cnbc.com/2017/10/30/cannabis-drinks-planned-as-constellation-brands-invests-in-canopy-growth-corporation.html

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by CONSTELLATION BRANDS to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1159167&accession_number=0001159167-18-000014&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Activision Blizzard

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Activision Blizzard makes a margin of 30% on Operating Level and about 25% on Net level. This means that out of $1 that it makes $0.25 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 14% in the revenue and the net profit figures grew by 17%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Activision Blizzard makes a Return on Assets of 11% and Return of Equity of 20% which is pretty good.

Given our addiction to whiling away our time on online games whenever we are on our laptops, mobile phones and tablets for children, adults, and core games this is a company giving us the thing that everyone is after. Profits is what I meant.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Activision Blizzard to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=718877&accession_number=0001104659-18-030305&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Alphabet

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Alphabet makes a margin of 23% on Operating Level and about 30% on Net level. This means that out of $1 that it makes $0.3 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 26% in the revenue and the net profit figures grew by 73%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Alphabet makes a Return on Assets of 19% and Return of Equity of 24% which is pretty good.

Probably one of the stocks you shouldn’t even have to think about just the way that you hardly think before going to google.com for searching anything and everything in the world. Any company that makes about $9 Billion in profits and yet manages to grow at this rate is worth investing. The idea is not just to invest in Alphabet but find the other companies that are much smaller having similar parameters and that can achieve the size and scale of Alphabet.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

The larger point that needs to be noticed is that all the big and great companies like FACEBOOK, ALPHABET etc all get caught by our barrier rates. This shows the credibility of our barrier levels. If we get the smaller companies who are performing at the same Fundamental Parameters as Alphabet, and provided they grow at the same rate to a reasonable size hopefully we can get some multibaggers is the idea.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Alphabet to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1652044&accession_number=0001652044-18-000016&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – HOME DEPOT

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see HOME DEPOT makes a margin of 13.6% on Operating Level and about 9.6% on Net level. This means that out of $1 that it makes $0.096 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 4% in the revenue and the net profit figures grew by 20%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see HOME DEPOT makes a Return on Assets of 20% and Return of Equity of 570% which is pretty good.

Given that a ton of house owners in the US keeping walking into Home Depot for anything starting from snicker bars to the huge equipment’s required for the barbecue parties though the Debt to Equity stands out it is possibly a good buy once you are done with all the other Gold standard stocks.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by HOME DEPOT to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=354950&accession_number=0000354950-18-000034&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – IROBOT

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see IROBOT makes a margin of 11.7% on Operating Level and about 9.4% on Net level. This means that out of $1 that it makes $0.094 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 29% in the revenue and the net profit figures grew by 25%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see IROBOT makes a Return on Assets of 13% and Return of Equity of 16% which is pretty good.

Given the amount of time you or me spend cleaning and sweeping the house and with kids and both parents working the luxury of having a robot cleaning your house when you are out of your house will soon become a household entity. Please buy the stock before you get the iRobot.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by IROBOT to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1159167&accession_number=0001159167-18-000014&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – MICRON TECHNOLOGY

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see MICRON TECHNOLOGY makes a margin of 49% on Operating Level and about 45% on Net level. This means that out of $1 that it makes $0.45 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 58% in the revenue and the net profit figures grew by 270%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see MICRON TECHNOLOGY makes a Return on Assets of 32% and Return of Equity of 49% which is pretty good.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by MICRON TECHNOLOGY to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=723125&accession_number=0000723125-18-000036&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Ollie’s Bargain Outlet Holdings

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Ollie’s Bargain Outlet Holdings makes a margin of 39% on Gross Level and about 20% on Net level This means that out of $1 that it makes $0.2 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 26% in the revenue and the net profit figures grew by 186%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Ollie’s Bargain Outlet Holdings makes a Return on Assets of 27% and Return of Equity of 560% which is pretty good.

Note that since this is a stock from the Retail space, they would carry a lot of inventory on their books and hence the Current Liabilities would be high. This means that the Debt/Equity would be high mostly due to the Current Liabilities rather than Long term debt.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Ollie’s Bargain Outlet Holdings to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1639300&accession_number=0001140361-18-017136&xbrl_type=v

Balance Sheet

Income Statement

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see UNITED TECHNOLOGIES makes a margin of 13% on Gross Level and about 8.5% on Net level This means that out of $1 that it makes $0.085 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see UNITED TECHNOLOGIES grew at an good rate of 10% in the revenue but the net profit declined by 6%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see UNITED TECHNOLOGIES makes a Return on Assets of 5% and Return of Equity of 16% which is pretty good.

Here we see that UNITED TECHNOLOGIES scores poorly on the growth front and also has a high Debt/Equity. Hence we would avoid investing in such companies.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by UNITED TECHNOLOGIES to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=101829&accession_number=0000101829-18-000009&xbrl_type=v

Balance Sheet

Income Statement

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Norwegian Cruise Line Holdings makes a margin of 13% on Gross Level and about 8% on Net level This means that out of $1 that it makes $0.08 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see Norwegian Cruise Line Holdings grew at an good rate of 12% in the revenue and the net profit figures grew by 67%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Norwegian Cruise Line Holdings makes a Return on Assets of 3% and Return of Equity of 7% which is pretty good.

Here we see that Norwegian Cruise Line Holdings scores poorly on Return on Assets and Return on Equity. The maintenance of the huge cruise liners leads to huge capital outlays and hence pushes down the Efficiency parameters.

The huge floating hotels with the casinos and lavish attractions are a dream for middle class, but the huge Fixed Asset deployment that goes into generating $1 makes the business an inefficient business. Probably skip unless you have all the other ducks in your portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Norwegian Cruise Line Holdings to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1513761&accession_number=0001144204-18-025758&xbrl_type=v

Balance Sheet

Income Statement

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see BOEING makes a margin of 20% on Gross Level and about 11% on Net level This means that out of $1 that it makes $0.11 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see BOEING grew at an good rate of 6.5% in the revenue and the net profit figures grew by 63%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see BOEING makes a Return on Assets of 9% and Return of Equity of 763% which is pretty good.

Here we see that BOEING scores high on each and every one of the parameters that we have selected when compared to our reasonable barriers that we have kept.

Given the very low amount of shareholder equity that is tied up by the company, it gives rise to an enormous Return on Equity. But the Debt to Equity looks very bad and hence we would say its probably better to stay away from this one when combined with the poor Revenue growth.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by BOEING to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=12927&accession_number=0000012927-18-000018&xbrl_type=v

Balance Sheet

Income Statement

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see FACEBOOK makes a margin of 45% on Gross Level and about 42% on Net level This means that out of $1 that it makes $0.4 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see FACEBOOK grew at an astronomous rate of 50% in the revenue and the net profit figures grew by 60%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see FACEBOOK makes a Return on Assets of 22% and Return of Equity of 26% which is pretty good.

Here we see that FACEBOOK scores high on each and every one of the parameters that we have selected when compared to our reasonable barriers that we have kept.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by FACEBOOK to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1326801&accession_number=0001326801-18-000032&xbrl_type=v

Balance Sheet

Income Statement

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see AMAZON makes a margin of 161% on Gross Level and about 5% on Net level This means that out of $1 that it makes $0.05 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see AMAZON grew at an astronomous rate of 33% in the revenue and the net profit figures grew by 120%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see AMAZON makes a Return on Assets of 5% and Return of Equity of 21% which is pretty good.

Here we see that AMAZON scores high on each and every one of the parameters that we have selected when compared to our reasonable barriers except for the Operating Margin and the Debt/Equity ratio.

We see that a lot of the growth of AMAZON is being driven by the huge Debt that is being amazed and could pose a risk, but being a growing firm with great businesses that are throwing up cash in AMAZON Prime memberships, AWS usage, I would still invest in the company.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by AMAZON to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1018724&accession_number=0001018724-18-000072&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – COSTCO

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see COSTCO makes a margin of 3.1% on Gross Level and about 2.1% on Net level This means that out of $1 that it makes $0.021 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 11% in the revenue and the net profit figures grew by 36%. Note the Dividends have increases by 15% which is a sign that the company is willing to give back cash to the shareholders.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see COSTCO makes a Return on Assets of 0.01% and Return of Equity of 0.02% which is pretty good.

Note that COSTCO has very poor margins and extremely poor efficiency margins. This is one of the investments of Warren Buffett. This shows that though the company may have extremely famous investors the company itself needs to be analysed using these basic parameters to decide whether we should be investing in it or now. Ignore this one for now.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by COSTCO to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=909832&accession_number=0000909832-18-000002&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Synchrony Financial

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Synchrony Financial makes a margin of 42% on Gross Level and about 15% on Net level. This means that out of $1 that it makes $0.23 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 8.5% in the revenue and the net profit figures grew by 28%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Synchrony Financial makes a Return on Assets of 2.68% and Return of Equity of 18% which is pretty good. Note being in the Financial space, with banking operations, the Assets are usually financial and huge in dollar terms and hence earning even a 2.68% as Return on Assets means a lot to the bottom line.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

FAMOUS INVESTORS: This stock is owned by the Great Warren Buffett so I suppose you don’t have to think twice before investing in this counter.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Synchrony Financial to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1601712&accession_number=0001601712-18-000155&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Goldman Sachs

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Goldman Sachs makes a net margin of 28%. This means that out of $1 that it makes $0.28 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 25% in the revenue and the net profit figures grew by 26%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Goldman Sachs makes a Return on Assets of 1.16% and Return of Equity of 14% which is pretty good. For a huge financial institution like Goldman Sachs, the size of the Assets and corresponding Liabilities will be large and hence a Return on Assets of 1.16% is a very good deal.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

FAMOUS INVESTORS: This stock is owned by the Great Warren Buffett so I suppose you don’t have to think twice before investing in this counter.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Goldman Sachs to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=886982&accession_number=0001193125-18-151188&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – STAMPS.COM

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see STAMPS.COM makes a margin of 81% on Gross Level and about 35% on Net level. This means that out of $1 that it makes $0.35 is being pocketed as profits. This is among the best margins across a ton of companies.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 27% in the revenue and the net profit figures grew by 42%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see STAMPS.COM makes a Return on Assets of 26% and Return of Equity of 34% which is pretty good. Even the Debt/Equity ratio is great.

Although you would notice very less chatter on the media on this stock you can be sure that the last 3 month/one year returns on this stock are amazing.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by STAMPS.COM to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1082923&accession_number=0001082923-18-000043&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – AMEX

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see AMEX makes a margin of about 17% on Net level. This means that out of $1 that it makes $0.17 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 12% in the revenue and the net profit figures grew by 31%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see AMEX makes a Return on Assets of 3.63% and Return of Equity of 33.32% which is pretty good. For a Financial behemoth like AMEX, maintaining a RoE of over 3% is a great achievement.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

FAMOUS INVESTORS: This stock is owned by the Great Warren Buffett so I suggest to go for it.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by AMEX to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=4962&accession_number=0000004962-18-000060&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – VEEVA SYSTEMS

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see VEEVA SYSTEMSmakes a margin of 69% on Gross Level and about 20% on Net level. This means that out of $1 that it makes $0.2 is being pocketed as profits. This is among the best margins across a ton of companies.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 26% in the revenue and the net profit figures grew by 106%. The huge increase in the Net Profit when compared to the Revenue Growth points to an increase in the Net Margins.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see VEEVA SYSTEMS makes a Return on Assets of 47% and Return of Equity of 65% which is pretty good. Even the Debt/Equity ratio is great.

Although you would notice very less chatter on the media on this stock you can be sure that the last 3 month/one year returns on this stock are amazing. Although this being in the Medical/IT space may not be a consistent continuously up-trending earnings trajectory.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by VEEVA SYSTEMS to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1356576&accession_number=0001104659-18-032082&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Norbord

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Norbord makes a margin of 25% on Gross Level and about 20% on Net level. This means that out of $1 that it makes $0.2 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 23% in the revenue and the net profit figures grew by 138%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Norbord makes a Return on Assets of 21% and Return of Equity of 43% which is pretty good.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio. Yes and these numbers are true. The company seems to be making $1.71 for each $1 that is invested to create assets.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Norbord to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1442145&accession_number=0001442145-18-000024&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – BROOKS AUTOMATION

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see BROOKS AUTOMATION makes a margin of 40% on Gross Level and about 32% on Net level. This means that out of $1 that it makes $0.32 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 22% in the revenue and the net profit figures grew by 378%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see BROOKS AUTOMATION makes a Return on Assets of 25% and Return of Equity of 38% which is pretty good.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by BROOKS AUTOMATION to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=933974&accession_number=0001558370-18-003757&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Dave & Buster’s Entertainment

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Dave & Buster’s Entertainment makes a margin of 14.5% on Gross Level and about 10.7% on Net level. This means that out of $1 that it makes $0.1 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 13% in the revenue and the net profit figures grew by 33%. Notice the Net Margin has improved significantly.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Dave & Buster’s Entertainment makes a Return on Assets of 10.14% and Return of Equity of 28.8% which is pretty good.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Dave & Buster’s Entertainment to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1525769&accession_number=0001193125-18-106389&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – NVIDIA

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see NVIDIA makes a margin of 59% on Gross Level and about 31% on Net level. This means that out of $1 that it makes $0.31 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 40% in the revenue and the net profit figures grew by 83%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see NVIDIA makes a Return on Assets of 27% and Return of Equity of 41% which is pretty good.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by NVIDIA to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1045810&accession_number=0001045810-18-000010&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – HEALTHEQUITY

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see HEALTHEQUITY makes a margin of 59% on Gross Level and about 21% on Net level. This means that out of $1 that it makes $0.21 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 29% in the revenue and the net profit figures grew by 80%. This substantial growth in the profits is coming from the increase in the Net Margins.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see HEALTHEQUITY makes a Return on Assets of 51% and Return of Equity of 55% which is pretty good.

Good quality companies like this which pass all the barriers with flying colors are the stocks that we should focus on rather than the ones that are continuously talked about on CNBC.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by HEALTHEQUITY to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1428336&accession_number=0001428336-18-000009&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – CATERPILLAR

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see CATERPILLAR makes a margin of 16% on Gross Level and about 13% on Net level. This means that out of $1 that it makes $0.13 is being pocketed as profits. This is among the best margins across a ton of companies.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 30% in the revenue and the net profit figures grew by 767%. The huge increase in Net Profits was mostly due to the improvement in the Operating Margin which is a good sign.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see CATERPILLAR makes a Return on Assets of 8.5% and Return of Equity of 43% which is pretty good.

Now the only negative that is obvious is the high Debt/Equity. If we look at the Interest Expenses carefully we can see that it forms a very small portion of the revenues and the Long Term debt itself is a very small portion of the Total Liabilities. Being a Company that encompasses the entire bandwidth of infrastructure related projects across the world, this is a stock that is worth investing.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by CATERPILLAR to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=18230&accession_number=0000018230-18-000136&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Paycom Software

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Paycom Software makes a margin of 33% on Gross Level and about 27% on Net level. This means that out of $1 that it makes $0.35 is being pocketed as profits. This is among the best margins across a ton of companies.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 28% in the revenue and the net profit figures grew by 22%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Paycom Software makes a Return on Assets of 10% and Return of Equity of 49% which is pretty good. Even the Debt/Equity ratio is great.

Although you would notice very less chatter on the media on this stock you can be sure that the last 3 month/one year returns on this stock are amazing.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Paycom Software to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1590955&accession_number=0001564590-18-010699&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – SUPERNUS PHARMACEUTICALS

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see SUPERNUS PHARMACEUTICALSmakes a margin of 35% on Gross Level and about 29% on Net level. This means that out of $1 that it makes $0.29 is being pocketed as profits. This is among the best margins across a ton of companies.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 57% in the revenue and the net profit figures grew by 155%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see SUPERNUS PHARMACEUTICALSmakes a Return on Assets of 13% and Return of Equity of 30% which is pretty good. Even the Debt/Equity ratio is great.

Although you would notice very less chatter on the media on this stock you can be sure that the last 3 month/one year returns on this stock are amazing. Although this being in the Pharma space may not be a consistent continuously up-trending earnings trajectory.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by SUPERNUS PHARMACEUTICALS to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1356576&accession_number=0001104659-18-032082&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – Verisk Analytics

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see Verisk Analytics makes a margin of 34% on Gross Level and about 23% on Net level. This means that out of $1 that it makes $0.23 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 16% in the revenue and the net profit figures grew by 22%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see Verisk Analytics makes a Return on Assets of 8.5% and Return of Equity of 24% which is pretty good.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

FAMOUS INVESTORS: This stock is owned by the Great Warren Buffett so I suppose you don’t have to think twice before investing in this counter.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by Verisk Analytics to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1442145&accession_number=0001442145-18-000024&xbrl_type=v

Balance Sheet

Income Statement

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see VISA makes a margin of 66% on Gross Level and about 51% on Net level This means that out of $1 that it makes $0.08 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see VISA grew at an good rate of 14 % in the revenue and the net profit figures grew by 519%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see VISA makes a Return on Assets of 15% and Return of Equity of 31% which is pretty good.

Here we see that VISA scores high on each and every one of the parameters that we have selected when compared to our reasonable barriers that we have kept.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

FAMOUS INVESTORS: This stock is owned by the Great Warren Buffett so I suppose you don’t have to think twice before investing in this counter.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by VISA to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1403161&accession_number=0001403161-18-000020&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – LEMAITRE VASCULAR

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see LEMAITRE VASCULAR makes a margin of 18% on Operating Level and about 15% on Net level. This means that out of $1 that it makes $0.15 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 8% in the revenue and the net profit figures grew by 20%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see LEMAITRE VASCULAR makes a Return on Assets of 12% and Return of Equity of 14% which is pretty good.

Given the low Debt/Equity ratio combined with all the other parameters showing great performance, the below 10% revenue growth can be ignored and we can confirm that this is a good stock to buy. The fact that it is in the Pharma space means that in case they make a new discovery, we might have a binary jump in the stock performance.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by LEMAITRE VASCULAR to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1158895&accession_number=0001193125-18-152587&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – AbbVie

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see AbbVie makes a margin of 36% on Operating Level and about 35% on Net level. This means that out of $1 that it makes $0.35 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 21% in the revenue and the net profit figures grew by 62%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see AbbVie makes a Return on Assets of 16% and Return of Equity of 313% which is pretty good.

FDA approved cannabis based drug and other pharma product. I am not going to say anything more. Off course from our parameters the Debt/Equity is high, so that needs to be watched so that the debt doesn’t blow up.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by AbbVie to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1551152&accession_number=0001551152-18-000025&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – TransUnion

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see TransUnion makes a margin of 23% on Operating Level and about 14% on Net level. This means that out of $1 that it makes $0.14 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 18% in the revenue and the net profit figures grew by 17%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see TransUnion makes a Return on Assets of 6% and Return of Equity of 16% which is pretty good.

TransUnion is a consumer credit reporting agency.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by TransUnion to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=1552033&accession_number=0001552033-18-000030&xbrl_type=v

Balance Sheet

Income Statement

Reasons to buy – COHERENT

High level decisions on buy or sell for a stock should be driven by

1. The margin that the company makes. i.e. Out of $1 that the company sells how much does the company taken home.

• • Here we see COHERENT makes a margin of 21% on Operating Level and about 13% on Net level. This means that out of $1 that it makes $0.23 is being pocketed as profits.

2. The growth rates of the company on revenue, net income, EPS and Dividend. i.e. If it sold $1 last year how much more did it sell this year.

• • Here we see net revenue growth of 14% in the revenue and the net profit figures grew by 56%.

3. The efficiency ratios of the company on Equity and Assets. i.e. How well is the company able to sweat each $1 that it puts to work in the company.

• • Here we see COHERENT makes a Return on Assets of 11% and Return of Equity of 20% which is pretty good.

Coherent is a leading global supplier of industrial and fiber laser solutions. With the ratios that are being produced by the company we classify it among the good guys.

GOLD STANDARD : This is one of the no-debate stocks that are a must have in ones portfolio.

All these ratios can be found in the attached excel sheets and are based on the EDGAR report submitted by COHERENT to the SEC. All the data on the above analysis can be found at the link below

https://www.sec.gov/cgi-bin/viewer?action=view&cik=21510&accession_number=0000021510-18-000014&xbrl_type=v

Balance Sheet

Income Statement

Balance Sheet

Income Statement