Stock Selection With Fundamental Analysis 〈DIRECT 2025〉

: In 2026, favored themes include AI infrastructure (power generation, data centers) and alternative asset managers . 4. Step-by-Step Selection Workflow

: Gather the last 10 years of annual reports (Income Statement, Balance Sheet, Cash Flow). Stock Selection with Fundamental Analysis

: Use spreadsheets or templates to calculate P/E, P/B, ROIC, and Debt-to-Equity. : In 2026, favored themes include AI infrastructure