Cash Flow and Security Analysis - Hardcover

This classic resource is totally revised and updated to reflect the latest in the area of cash flow analysis. Readers will discover why cash flow is quickly replacing earnings as the primary tool among security analysis and how they can identify undervalued securities using cash flow analysis. An important reference that shows how to avoid common costly mistakes, "Cash Flow and Security Analysis", Second Edition explains: how to identify undervalued companies and takeover targets, using the books updated cash flow examples (domestic and international); why the pulse of a corporation is best measured by cash flows, not earnings; how cash flow can be utilized to analyze foreign and small companies; the industry- and firm-specific factors any investor needs to consider when selecting stocks.

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