I'm trying to invest in a company. I've been doing a lot of research and have been through balance sheet, flow sheet etc...etc..etc...with LOTS of companies...LOTS and LOTS of companies. ... There is only ONE (thus far) that I have found that has showed a STEADY growth in it's company progress minus all the debts and liabilities and blah blah blah.. It's so good that it's Return on Equity is at 36% ...it's P/E is at 19 (not bad for fast grower not that it matters because p/e ratio shouldn't be the reason you purchase a stock) ...it's increased profits by billions in the last 4 years....WITHOUT any losses, bankrutpacy etc.. .. EVERYTHING about this company has screamed it's progress is good. Before people start slamming me and saying 'stock market is a gamble etc..' ...and start challenging they know better or whatever....i want to say, i'm not the best nor the worst but i am very determined in NOT DOING MY CURRENT JOB ANYMORE! so...with that in mind...i'm not really looking for critism on how this is a gamble and...'you don't know everything on this stock ...i.t can' have the best balance sheet and crash ' or any cliche comments. I am doing what i am suppose to be doing....learning. And if it costs me money to finally pay off in the end so be it. (i know there's crackheads out there that'll say something but, i thought i'd just set the situation straight) Thank you for understanding...now the reason for the post:
This company is offshores...and it does infact do really well in the NYSE. What bothers me...among the many products this company makes.....one product bothers me. Beer. This company also makes BEER. And i'm not sure if i'm comfortable investing in a company that makes a product that does infact bring harm to others. I am a big strong believer in the peter lynch theory. buying comanies with stupid names, (marley screw company or whatever etc..) and etc.. etc.. And everything thus far in this company's profile is the epitomy of 'invest here for profit' .... i don't know... I feel morally conflicted. It's taken a LONG time for me to find a company with a good BALANCE sheet, flow sheet and p/e ratio with ROE etc.. So if eel.. blah...
I mean drinking a beer every now and then isn't bad, but people can over indulge and kill themselves or become addicts.....but then again you can also do that with medication (narcotics) ....caffine ...or stores like walmart and other stores that sell fire arms..etc.. i don't know i feel weird about this...
Anyone have any thoughts?