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First, you find the “market capitalization” (“market cap” for short) by multiplying the number of shares outstanding (let’s say 100 million) by the c… - Peter Lynch
" "First, you find the “market capitalization” (“market cap” for short) by multiplying the number of shares outstanding (let’s say 100 million) by the current stock price (let’s say $100 a share). One hundred million times $100 equals $10 billion, so that’s the market cap for DotCom.com.
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About Peter Lynch
Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, philanthropist, and author.
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Additional quotes by Peter Lynch
If you can follow only one bit of data, follow the earnings — assuming the company in question has earnings. As you’ll see in this text, I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.
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