If you will closely follow the market for a decent amount of time then you can say it with full conviction that market keep repeating itself again and again with only exception of new kind of stocks. So whenever any one say that a particular stock has a very good potential for growth and will keep going up for coming years then you should need to take this kind of advice with a very cautious approach. Because no one can tell you that when a stock will change it direction and if you are permanent optimist or pessimist than you will be caught in the wrong side that will hurt you a lot.
Within every two to three year, there will be some stock that will outperform the entire market and everyone will start talking about investment in them but they tend to forget that market never do new thing in its life so if something is going up then there is hundred percent chance that that can come down too.
Stock Market do not bother about trend , indicators, valuations, views, events, central banks, government. They will only do three things; they will go up, they will go down and they will consolidate. It is the responsibility of a trader/investor that they should find out that in which phase market is in and align itself with the phase of the market.
Within every two to three year, there will be some stock that will outperform the entire market and everyone will start talking about investment in them but they tend to forget that market never do new thing in its life so if something is going up then there is hundred percent chance that that can come down too.
Stock Market do not bother about trend , indicators, valuations, views, events, central banks, government. They will only do three things; they will go up, they will go down and they will consolidate. It is the responsibility of a trader/investor that they should find out that in which phase market is in and align itself with the phase of the market.