Analyzing stocks is not just for Wall Street, you can do it too!

Let's break down the basic steps to analyzing a stock ➡️

Step 1️⃣ Choose a stock to analyze 📈

💡 Remember: a great way to start is to pick a company you already know, like Apple

Step 2️⃣ Gather financial data 💰

You can find all of a company’s key financial numbers on their stock page in Bloom! 🌹

Stocks have lots of different financial numbers and you may not know what to do with them yet, but Bloom will break them down for you and teach you how to interpret them! 🔍

Step 3️⃣ Evaluate the financial numbers 📊

How much money is the company making? Are they profitable? Are they growing?

Step 4️⃣ Research the company’s industry, competitors and leadership 💼

Is the industry growing? Is it trendy right now? Does the company have strong executives?

Step 5️⃣ Determine if the company might be worth more in the future 💸

Ultimately, your main goal as an investor is to pick stocks that will grow to be worth more than they are today

Obviously this is easier said than done, but as you learn more about investing, you'll become more confident in your decisions over time! 💪