fundamentals
noun- While this stock has been trading at a low P/E multiple lately, I think its fundamentals are sound, and consider it a good buy for long-term investors.
- Fundamentals can be poor indicators of the future. Financial statements are backward-looking, meaning they tell you how a company did in the past, not necessarily how it will do in the future.2009, Matthew Krantz, Fundamental Analysis For Dummies, John Wiley & Sons, →ISBN: