— Thanks, Marek We do two things right off the bat after identifying a stock that we might want to buy.
Remember, as an investor, you want to know every little aspect of every company whose stock you buy or think about buying.
Financial statements In addition to understanding a company from a high level, we can't take a position before analyzing the financial statements and getting a sense of the health of the company in question.
All three are incredibly important, however, of the three, the balance sheet is going to be the one to look at first.
Knowing what shape the balance sheet is in gives you a better sense of the company's outlook.
Persons:
Jim Cramer, Marek, that's, it's, Linde, Myers Squibb, Myers, Karuna, Jim Cramer's, Jim
Organizations:
Amazon, Linde, Myers, Karuna Therapeutics, Bristol, LIN, CNBC
Locations:
Bristol