Course 402: Shades of Growth
In this course
1 Introduction
2 Earnings-Driven
3 Revenue-Driven
4 Growth at a Reasonable Price
5 Mixing It Up

Of course, not all growth companies have earnings. In particular, younger companies may be unprofitable for years until their businesses reach critical mass. Some growth managers will buy companies without earnings if the companies generate strong revenues. (Revenues are simply a company's sales; earnings are profits after costs are covered.) Because there is no guarantee that firms without earnings will ever turn a profit, this approach can be risky.

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