ICON vs Legendary Which Should You Buy?
When it comes to investing, there are two types of stocks that often stand out: Iconic stocks and Legendary stocks. Iconic stocks are those that are widely recognized and have a strong brand presence in the market. On the other hand, Legendary stocks are those that have a long history of consistent growth and performance. Both types of stocks have their own unique characteristics and appeal to different types of investors. In this article, we will explore the differences between Iconic and Legendary stocks and how they can impact your investment strategy.
ICON or Legendary?
When comparing ICON and Legendary, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ICON and Legendary.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
ICON has a dividend yield of -%, while Legendary has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Legendary reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ICON P/E ratio at 24.28 and Legendary's P/E ratio at 14.26. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ICON P/B ratio is 1.86 while Legendary's P/B ratio is 1.96.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ICON has seen a 5-year revenue growth of 1.06%, while Legendary's is 1.65%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ICON's ROE at 7.87% and Legendary's ROE at 14.99%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $217.06 for ICON and HK$1.56 for Legendary. Over the past year, ICON's prices ranged from $183.38 to $347.72, with a yearly change of 89.62%. Legendary's prices fluctuated between HK$1.13 and HK$2.23, with a yearly change of 97.35%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.