Many of you have been asking me to share more specific stock ideas. As several of you might have noticed, I don’t simply like telling you to buy a stock; instead I like to explain the logic and reason behind why I am buying into it.
I like providing you with questions, so that you can research the company further and understand it better. At the moment there is one more company which I have been investing in for sometime, as it is in a sector which has not been noticed by most people and is just starting to pick up. This company has a small market cap is not as well known as the previous company I shared with all of you and has been growing at over 50% since the past five years. The valuations are very reasonable at the moment and the price from the recent high has come down by almost 60%.
I like calling this company a high-tech shovel because of the nature of its business. You will find out more about it in the report attached. The report is educational in nature and would help you and encourage you to study further before making this investment. This company has had a few popular investors buying into it, and what is even nicer is that presently it is available at a valuation which is much cheaper than what these investors have bought it at.
I plan to hold this company for a very long period of time and I would suggest people who have a short term view to kindly not buy it if you plan to multiply your money overnight. However if you have a longer term vision and understand the power and value of knowledge in creating wealth, this could be an interesting investment to look at. As my earlier report, this too is very personal and simple to understand. I like sharing what is going on inside my mind as an investor when I am buying a company.
You can find out more about it and learn how I selected this company by downloading this report here. You would be directed to a Paypal page where you can pay securely via credit card/Paypal and once the payment has been received you will be able to download the report online.
Happy Wealth Creation!
Update (31/05/2008): Rakesh Jhunjhunwala had bought into this company and at the moment the stock price is much less than his buying price.