Peter Lynch was among the first to try to demystify investing for the individual investor. And his simple advice helped people get into some of the best stocks of the last 20 years... It is worth mentioning here that Peter Lynch averaged a 29.2% annual return which can be considered as one of the best performances in history, because he bought what he knew.
He further adds that sometimes, it's tempting to look at commodities the same way: stuff you can hold in your hand, that we make things out of, that we use.
He always advocated to Buy companies with products you know, that you buy — like Johnson & Johnson (NYSE: JNJ) or Disney (NYSE: DIS); McDonald's (NYSE: MCD), Starbucks (NASDAQ: SBUX), or Wal-Mart (NYSE: WMT).
We all put gas in our cars, so there's ExxonMobil (NYSE: XOM). We get that new buildings require steel and copper, so it made perfect sense that China's building spree would push a great steel company like Nucor (NYSE: NUE) to $75 a share, or copper giant Freeport-McMoRan (NYSE: FCX) to $60.
Thus follow the advice of Peter Lynch with a long term perspective and if you want to have gains with breakout stocks than you must check our delivery tips with short term perspective.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
