Market Thought from Outer Space: The Market doesn't care about what you happen to be looking at
Say you decide "I love sushi" and because everyone tells you that you should analyze what you know you decide you are going to go Warren Buffett all over KRUS/Kura Sushi and figure out how good of a stock it is.
All good, but it may be that the market just isn't that into your new crush. Not now, and perhaps never. Remember, there are a lot of stocks which churn sideways for years. While it's better than losses, dead money isn't good for anyone.
So? Just this: you want movement in your stocks, preferably up if you are long. And faster is better. (Anyone who says they don't want this has other objectives than simply profiting in the market. Why would you want anything less?)
Also, remember there are 3,000 to 4,000 stocks at any given moment that have a base level of market capitalization and volume. (No penny stocks considered around here.)
Are you willing to wait 1 month for some movement?
1 year?
10 years?
Oh, and remember that market conditions matter.
Here's a thought. Instead of devoting much time and effort into analyzing a stock that may or may not go anywhere any time soon after you elect to focus on it, why not:
1. Understand what conditions lead to rising stocks
2. Understand what stocks may do best under those conditions, and
3. Look for those conditions and those stocks and then act only when those conditions are met.
#youwontfindwhatyouarentlookingfor
What's the difference? You have a choice to focus on a stock or focus on conditions.
Which is more impactful? The bigger driver of what you want?
The 80/20 Rule applies in life and in stock picking.
If you focus on conditions, there are no guarantees you'll get what you want - for me, stocks rising far and fast. But there's logically a higher likelihood than not that your time will be more efficiently and profitably spent if you have a system for doing that, rather than randomly picking one stock or a few stocks to focus on and hoping for the best.