저자: GwennRohart · 외국인
요약 보기
피터 린치의 분류에 따라 주식을 여섯 가지 유형(저성장주, 성장주, 핵심기업주, 경기순환주, 구조조정주, 자산주)으로 나누어 설명하는 교육 영상이다. 저성장주는 이익 성장률이 연 2~4% 수준이며 배당이 주된 수익원이다. 경기침체기에 방어주로 선호되며, 주가 상승 폭은 작다. 성장주는 이익이 연 10% 이상 빠르게 늘어나는 기업으로, 배당이 거의 없고 이익을 재투자한다. 장기 보유 시 큰 수익을 낼 수 있다는 설명이다. 핵심기업주(대형 우량주)는 망하기 어려운 대기업이며 시장 변동성이 낮다. 다만 1년에 50% 이상 급등하면 매도 시점으로 본다는 주의도 덧붙였다. 경기순환주는 자동차·레저처럼 소비 주기를 따르며 변동성이 크다. 주기의 저점에서 사서 고점에서 파는 것이 핵심이며, 고점에 사면 큰 손실이 날 수 있다고 강조했다. 구조조정주는 어려움을 겪는 기업이 회복할 경우 큰 수익을 낼 수 있으나 파산 위험이 높다. 부채비율을 중요한 기준으로 제시했다. 자산주는 광산·부동산처럼 대체 불가능한 자산을 가진 기업으로, 자산 가치 대비 저평가 시 매력적이라고 설명했다. 결론적으로 저성장주와 핵심기업주는 시장 변동에 가장 덜 민감하고, 경기순환주와 성장주는 변동성이 크지만 높은 수익 가능성이 있으며, 구조조정주는 가장 위험하다는 정리이다. 영상 말미에는 무료 전자책 홍보가 포함되어 있다.
다듬은 글
Hi everyone, it's Gwen. Welcome to this new video, which today will discuss the different types of stocks that exist on the stock market, according to Peter Lynch's classification. Alan, of course, is referring to Peter Lynch, a famous stock market investor who wrote several books, including one called " If You Knew Enough to Win in Stocks," which is actually one of the books I most recommend for stock market beginners because it really covers many facets and topics related to the stock market and explains them very well.
Today, I'm going to revisit some of the points in his book and focus on the different types of stocks. As we'll see, there are six different types: low-growth stocks, growth stocks, core company stocks, tick-tick company stocks, turnaround company stocks, and finally, asset games. We'll also have a short conclusion and a side note on diversifying these different types of stocks.
It's also worth noting that a stock can change its type during its stock market journey, and this can... So, arriving two times, three times, four times, and maybe nothing happened, from the name of a company that's booming, that's super-efficient, resulting in a company in difficulty, or even, in fact, so first of all, we're going to look at AAPL growth stocks.
We can identify them because these companies' shares have between 2 and 4% profit growth per year, which is actually the lowest rate among all types of stocks. We'll see, and so, similarly, like the share price of highly profitable companies, well, this share price will rise very slightly and will actually be relatively flat in the long term.
The main advantage of these low-growth stocks is the distribution of a regular and substantial dividend, which will often give you returns of 3, 4, or even 5%. So, if this criterion of regular dividend distribution is met, honestly, there's no point in holding this type of stock if it doesn't meet this criterion.
You can have a few in your portfolio because Jean is suddenly struggling, as it is, so... Companies that pay good dividends attract investors who will flock to these types of stocks during recessions. Furthermore, these stocks are generally more volatile compared to the market; they tend to have smaller fluctuations, both upward and downward.
Conversely, low-growth stocks tend to provide growth. So, in this case, it's really the opposite: the stock price will grow exponentially, and you can easily see increases of two, three, five, or even more over a ten-year period. Therefore, if you manage to hold these stocks long enough and choose the right ones—those that will rise the most— you can dramatically increase the value of your portfolio over time.
Moreover, these companies will essentially reinvest almost all of their profits so that the company can grow more rapidly in terms of revenue, future profits, and new services for customers. However, in return, you will inevitably have a very low dividend, with a yield of less than 2%, and it can even go as low as 0 or 5%.
Wow! 3% for companies that are, in quotes, quite conservative and stingy, keeping everything for their own growth. Often, this is either because they wanted a stable and substantial dividend, or because individuals have relatively low capital but a portfolio that grows very rapidly. Furthermore, the increase in profits for this type of company is at least 10% per year, and some even go beyond that and lose even two times as much from one year to the next.
The former is really a company that isn't yet too big and is growing very rapidly, gaining a significant market share base. Then there's the competition with the shares of pillar companies. So, in fact, these companies are, in quotes, "too big to fail," meaning they're too big to go bankrupt. This means they can't go bankrupt because you're never completely safe from it; it's just rarer.
There's a much lower probability of failure. These pillar companies are often companies with large market capitalizations and large groups. These are also companies with many jobs, meaning at least one hundred thousand jobs worldwide. And you can be sure that if companies are in serious difficulty and risk eliminating 5,000 jobs worldwide, the state where the company is located will help the company so that these employees are not laid off.
There are also certain other countries that will potentially help the local workforce or safeguard their jobs. Note that everything I'm telling you here is a lucky guy, right? Because if we consider the Dow Jones, which was an index of American stocks, currently comprising thirty, well, at the creation of this index in 1896 there were only 12, and of those twelve, they were all removed on Monday, the most recent being General Electric, which had joined in 1907 and left in 2018.
Over long periods, in two stages, groups will have to buy into the compacts, but it always ends up happening, there's always... Stock market changes, therefore, and of course, companies in Europe, so quite interesting growth. Of course, don't expect to quadruple in two years on this type of stock, and if you see that the company's shares have risen by more than 50% in less than a year, it's time to sell because it's likely to fall again shortly after, and the price will be corrected by investors who will sell to realize a capital gain.
So, in the event of a stock market crash, these stocks will be considered safe by investors and will be favored. Generally, low-growth stocks will react to market rises and falls, with smaller standard deviations. Then you have cyclical stocks, which are those belonging to companies in a cyclical sector that respond to the weight of needs that follow fairly predictable consumption cycles, such as the automotive industry.
People often buy cars every three to four years, for example. Similarly, leisure companies operate either in the summer or winter. Suddenly, they have a lot of mistakes, all at once we were further away, nothing for the rest of the year, for example. So these stocks will be among the most volatile, and if you manage to invest at the very bottom and sell, it means you've made significant capital gains, sometimes 3x, 2x, or even 4x.
On the other hand, if you invest at the peak and sell at the bottom, you can lose up to 80% of your initial investment. You have to be very careful about when you invest; it's really crucial with this type of stock. It's important to quickly try to identify where you are in the cycle, to know if you're at the end of a consumption cycle or the beginning of another, or if you 're in the middle, that's the best time to buy.
So, it's a little bit about predicting and anticipating future consumption cycles. You can therefore shift your investment to this particular type of stock, that is to say, investing Investing several times a year, instead of just once indulging your passion, will allow you to spread out your investment and potentially buy at higher prices sometimes, but also at lower prices in certain months if there are significant market downturns.
This will allow you to take advantage of potential increases by being better positioned in the penultimate category: shares of companies in restructuring. So, essentially, the leap involves launching a company that was doing very well but is encountering several difficulties and is paying off. It could either go bankrupt within a few months ( which you can trust) or recover and do the same.
Petrov is only at 3.5 in a very short time, so the bar is set. These are fairly volatile and risky shares. It will depend heavily on the company's debt ratio. It shouldn't be too heavily indebted because otherwise it won't be able to recover and will often have to file for bankruptcy. The debt ratio is often 110%, so this ratio should be below 110% if possible because then it's on sale from Investing from above is quite risky, and the company is surprised that it won't repay all its debts.
So, similarly, if you manage to invest at the very bottom, just before the rebound, when it's at its lowest, you can also make significant capital gains. Also, do n't hesitate to diversify your stocks well and not only invest in companies in receivership because if you choose bad stocks, you risk losing almost your entire investment.
The stocks of these companies did everything they could to end up in the Dzeko stock market. So, in fact, I'm talking about 'asset games' and companies that have assets impossible to replicate, such as owning a mine, a quarry, you know, maybe also land, real estate, and a camp. This type of stock is unique; each company is unique and doesn't want to lose its position to its competitor.
Therefore, this type of stock is really very interesting. If you realize, for example, that the company owns one billion euros in Caliber real estate assets valued at four times less, it means that I have a large potential capital gain and that This type of stock is significantly undervalued, so if you get in early enough when it's undervalued, you can make substantial capital gains.
If the company is doing well and has unique strengths, it can also be advantageous to own shares in this type of company. Therefore, to conclude, low-growth stocks and pillar stocks will be the least sensitive to market fluctuations. During a stock market crash, investors will buy these " heroic" stocks because they are less sensitive to market crashes and fluctuations and also offer a stable dividend as compensation.
Cyclical and high- growth stocks are more sensitive to market fluctuations but can offer very attractive returns. Similarly, stocks of companies in recovery can offer small and high gains, but in my opinion, they are actually even riskier than cyclical and high-growth stocks. Finally, there are also gambling stocks.
of assets, and so, as I was saying, the advantages of this type of investment are impossible to replicate. It must be really attractive to have some shares in this kind of portfolio, and especially if it's undervalued, you can also make some nice capital gains on it. So, here are some of these videos.
I hope you liked them. Feel free to share your thoughts in the comments. And if you'd like to invest in the stock market within six months, I'm offering a completely free ebook. It's in the description, so don't hesitate to check it out. See you soon! Take care until then. Bye!
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