1. Finding Quality Companies Presented by: Lynn Ostrem, President Crow River Investment Club www.bivio.com/crowriver www.bivio.com/crowriver

2. The Business Cycle of a Company

3. Stages of a Company:  Start-up (just an idea)  Speculative (no earnings yet)  Explosive Grower (small cap & mid cap)  Moderate Grower (large cap)  Mature (income stock)

4. Graph from Take Stock by Ellis Traub, Investware, Inc.

5. What Makes a Quality Company?

6.  Easy-to-understand business model?  Are its products or services unique?  Is there a demand for its products and services?  Does its industry have a future?  Do its products and services have room to expand?

7. Where do we find companies to study?

8. Buy what you know!  Food  Appliances  Toiletries (shampoo, shaving cream)  Clothes, shoes  Linens, throws & towels  Electronics (TVs, Stereos, Computers, alarm clocks)  Furniture  Décor (candles, knickknacks, etc.)  Lawnmower, garden hoses  Golf clubs, baseball bats, etc.  Where do you shop?  Where do you eat?  What are your hobbies?  Where do you buy your children’s clothes & toys?  Where do you buy your own clothes?  Where do you go on vacation? How do you get there?  Who insures your car?  Where do you bank?  Where do you buy your prescriptions?

9. Online Newspapers:  New York Times www.nytimes.com www.nytimes.com  Wall Street Journal www.wsj.com www.wsj.com  Investor’s Business Daily www.investors.com www.investors.com  USA Today www.usatoday.com www.usatoday.com

10. Financial Magazines:  Money  Smart Money  Fortune  Forbes  Kiplinger’s Personal Finance  Worth

11. Find ‘em online!  Money www.money.comwww.money.com  Smart Money www.smartmoney.comwww.smartmoney.com  Fortune www.fortune.comwww.fortune.com  Forbes www.forbes.comwww.forbes.com  Kiplinger’s www.kiplinger.comwww.kiplinger.com  Worth www.worth.comwww.worth.com

12. Want MORE Magazine?? http://dir.yahoo.com/ Click on News & Media Click on Magazines 3,800 to choose from!

13. Daily News – Online:  http://finance.yahoo.com (Financial News) http://finance.yahoo.com  www.moneycentral.com (Investing/Articles) www.moneycentral.com  www.cbsmarketwatch.com (quick updates) www.cbsmarketwatch.com  www.fool.com (Today’s Headlines) www.fool.com  www.businessweek.com (Daily Briefing) www.businessweek.com

14. Good Old Standbys:  Value Line Investment Survey  At the library  Selections & Opinions Guide has Portfolios  Standard & Poor’s Stock Reports  Also at the Library  Don’t forget S&P Outlook Review Weekly newsletter full of ideas

15. More Sources for Stock Ideas?  CEO Express www.ceoexpress.com www.ceoexpress.com  Wall Street Executive Library www.executivelibrary.com www.executivelibrary.com  Trader’s World www.tradersworld.com/links www.tradersworld.com/links  The Online Investor www.theonlineinvestor.com www.theonlineinvestor.com

16. CEOExpress.com

17. ExecutiveLibrary.com

18. Tradersworld.com

19. TheOnlineInvestor.com

20. NAIC-Type Stock Ideas

21. NAIC-Type Stock Ideas:  BI Magazine – Stock to Study  BI Magazine – Undervalued Stock to Study  BI Website – BI Most Active (Stocks page)  I-Club-List – NAIC’s discussion board  NAIC Forum on CompuServe

22. NAIC-Type Stock Ideas:  NAIC Top 100 – (Every April – see BI Archives)  Roster of Quality www.iclub.com $www.iclub.com  Investor Advisory Service www.iclub.com $www.iclub.com  Tin Cup Portfolio www.manifestinvesting.com $www.manifestinvesting.com  Motley Fool Hidden Gems www.fool.com $www.fool.com

23. NAIC-Type Stock Ideas: Top 100 Stocks to study Discussion boards/articles Most Active Articles

24. NAIC-Type Stock Ideas:

26. So, when someone tells you they can’t find a stock to study… Tell ‘em…”You just aren’t trying!”

27. Show ‘em these resources! Your club will think you’re a genius!

28. Questions?? Presentation written by: Lynn Ostrem, President Crow River Investment Club www.bivio.com/crowriver www.bivio.com/crowriver