the reason i'm getting in now isn't because i've been hearing that the markets are doing well (even though they are). i'm getting in because i want to try and grow some money over the short term (1-2 yrs). i am feeling bullish on a few tech stocks through some research.
take TSM for example. they are a semi-conductor company and may start getting apple's business. they are ~$18 a share and while i feel that is a little undervalued, i see the potential for growth in the near-term. that's why i was thinking of starting with a stock like that one. my hope is that they could be ~$26 a share by the end of the year. plus they have a dividend which i assume i'd receive quarterly and that would be like a bonus? also, they are projected for strong growth this quarter (and through year end) and wanted to get in before Q2 earnings are released.
^is this not a good way to look for an individual stock?
i'm not trying to "beat" the markets as much as just find a few growth stocks and ride them for short while until i can build a bankroll.