In a logical, step-by-step manner, Author John C. Ritchie, Jr. shows you how to interpret company performance to determine whether a particular company's stock is undervalued or overvalued. Supported by meticulous research, the methods outlined in this book will enable you to build a stock portfolio that provides superior growth over a long period of time. For any investor who wants a logical and proven approach to investing, Fundamental Analysis will provide the tools and methods essential to successful investing.
Read the first twelve chapters, then stop. The first half of this book does a fair job of describing the interpretation of stocks' financial statements. Without trying to make the material entertaining or easy to understand, the author trudges through the lessons one after another. If you're patient, and not easily distracted, it is possible glean some useful information. After that though, the book becomes hard to read.
I have no doubt part of my loss of interest in this book had to do with the fact that it was published in 1996 and much of the industry-specific stock information is more than a decade old. Save yourself the time and headache and read some of the investing articles on fool.com or investopedia.