Peter Lynch identified a number of attributes of firms that may result in favorable stock market performances,including
A) Products that are faddish, people like change.
B) Firms that have competitive advantages over their rivals.
C) Firms that can benefit from cost reductions.
D) Choices b and c only
E) All of the above

Question

Quizplus · Accepted Answer

Lynch identified firms that have competitive advantages over their rivals and can benefit from cost reductions as two key attributes that may result in favorable stock market performances. Faddish products may not necessarily result in sustained long-term growth and therefore may not be a reliable indicator for stock market performance.

Peter Lynch Identified a Number of Attributes of Firms That