I want you to decide if you think taking stock tips from Reddit is a good idea,
Question:
I want you to decide if you think taking stock tips from Reddit is a good idea, especially for long-term investment and growth. To do that, I want you to analyze AMC and tell me if you think AMC is a good investment.
Take a look at AMC financial statements (TTM stands for "Trailing Twelve Months." You can use TTM in your analysis or use regular fiscal years - it's up to you.). You can pull AMC's financial statements from EDGAR, or you can use the following links to Yahoo Finance:
- AMC's Income Statement is here (Links to an external site.)
- AMC's Balance Sheet is here (Links to an external site.)
- AMC's Cash Flow Statement is here (Links to an external site.)
After accessing AMC's financial statements, please answer the following questions:
- Give me at least 2-3 ratios from from AMC's latest financial statements.
- Based on ratios and the financial statement analysis tools presented in the chapter, do you think AMC is a good investment? Why or why not?
- Please respond to at least one other person's post in a thoughtful and meaningful way.
As long as you provide valid, accounting-based support for your position, there are no wrong answers. Click "Reply" below this prompt to begin your answer. You must first contribute before you can see others' responses for this discussion.