Streetsmart Guide to Valuing a Stock

by Gary Gray, J. Randall Woolridge, Patrick J. Cusatis

Book Overview

Traders and investors spend fortunes in time and money trying to gauge the real value of individual stocks. The Streetsmart Guide to Valuing a Stock introduces proven techniques for analyzing a stock's value, spotting undervalued and overvalued stocks, and understanding the impact of interest rate changes and earnings reports on stock prices. New topics include:

Finance theory in the stock valuation process Short-term stock price versus...

• Format: Hardcover
• Language: English
• ISBN: 0071416668
• ISBN13: 9780071416665
• Release Date: September 2003
• Publisher: McGraw-Hill Companies
• Length: 288 Pages
• Weight: 1.70 lbs.
• Dimensions: 1.1" x 6.2" x 9.3"

Customer Reviews

A serious approach to putting a dollar figure on the value

The methodology doesn't cover some industries (financial, insurance etc) but for the majority of companies this will come up with an intrisic value (not book value) of the future earnings discounted over time for inflation, risk etc. I made a spreadsheet that does the methodolgy the book teaches, but the author has one for sale. I wish I had the spreadsheet before reading it, as I had to reread sections to gain a good understanding after I had the spreadsheet. It allows you to follow along his examples and "see" the numbers and forecasts effect the valution. I will email my version to any interested parties. No instructions, bare bones, but works. You wont understand it without the book.

Outstanding in Every Respect

One of the best investment valuation books ever written. This book is clear enough for the novice, but contains enough depth to please corporate finance and valuation afficionados who are fans of Copeland, Rappaport, Stewart and Damodaran. The software on the authors' website, Valuepro, is every bit as good as the book and is a must for anyone interested in trying his hand at valuation. The authors also go out of their way to support their product with an excellent message board on the website. This is one of my favorite books.

A must-have companion for the do-it-yourself investor

This is a great book that delivers on its promise to teach the reader how to value stocks. The valuation process is broken down into easy-to-understand parts, then brought back together to determine final results. Using the tools in this book and the software, I can intelligently and quickly review stock recommendations from my broker or make picks myself. This book will more than pay for itself.

As good as a Random Walk Down Wall Street

This book is the best book on the stock market since a random walk down Wall Street. Its very basic, and has some good humor to it. The book is very detailed on many areas. It espically has helped me when I decided whether or not to investe in companies such as Oakley, Coca-Cola, Microsoft, and McDonald's. The Streetsmart Guide to Valuing a Stock helps me with just this. I now know if a stock is extremely over-rated or would be a good buy. I would like to esp. express my congrats to the 3 Penn State professors who wrote this book!!!