AI Analysis

Log in to generate an AI summary for this stock.

Log in to generate a MOAT report for this stock.

Log in to generate an earnings report for this stock.

Log in to generate an operating leverage report for this stock.

Log in to generate a management report for this stock.

Log in to generate a valuation report for this stock.

Encompass Health Corporation

$122.64 +$16.27 (+15.30%)
NYSE · 14 Sep 2026 17:47 UTC
Previous Close
$121.71
Day Range
$122.5$123.96
Year Range
$92.77$127.99
Market Cap
12.17B
AVG Volume
942.5K
Trailing/Forward PE
19.72/18.37
PEG ratio
2.13
Dividend Yield
0.62%
Next Earnings Date
2026-10-28
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0500M1B1.5B2B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q21.6B
26 Q11.59B
25 Q41.54B
25 Q31.48B
25 Q21.46B
25 Q11.46B
24 Q41.41B
24 Q31.35B
24 Q21.3B
24 Q11.32B
Net Income (USD)
050M100M150M200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2153.9M
26 Q1194.5M
25 Q4146.1M
25 Q3126.5M
25 Q2142.1M
25 Q1151.5M
24 Q4120.9M
24 Q3108.2M
24 Q2114.1M
24 Q1112.5M
Operating Income (USD)
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2288.4M
26 Q1301.6M
25 Q4283.4M
25 Q3243.6M
25 Q2259.1M
25 Q1267M
24 Q4232.3M
24 Q3209.1M
24 Q2215.6M
24 Q1207.5M
EBITDA (USD)
0200M400M600M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2384.8M
26 Q1407.8M
25 Q4374.3M
25 Q3333.1M
25 Q2347.1M
25 Q1349.6M
24 Q4312.4M
24 Q3297.1M
24 Q2293.2M
24 Q1283.9M
Cash Flows (USD)
050M100M150M200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q262.3M
26 Q1150.7M
25 Q4116.7M
25 Q383.7M
25 Q2113.3M
25 Q1125.5M
24 Q480.1M
24 Q3120.3M
24 Q260.5M
24 Q199.4M
EPS (USD)
00.511.5224 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC EPS (USD) by quarter
PeriodEPS (USD)
26 Q21.54
26 Q11.93
25 Q41.43
25 Q31.24
25 Q21.39
25 Q11.48
24 Q41.18
24 Q31.06
24 Q21.12
24 Q11.1
Expenses (USD)
0500M1B1.5BSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q2282.9M
26 Q1220.6M
25 Q41.11B
25 Q3243.2M
25 Q2231M
25 Q1230.3M
24 Q4267.9M
24 Q3215.9M
24 Q2221.6M
24 Q1203.6M
Cash & Debt (USD)
01B2B3BCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2107.7M
26 Q1200.5M
25 Q4145.1M
25 Q348.7M
25 Q2170.6M
25 Q195.8M
24 Q485.4M
24 Q3239.5M
24 Q2299.4M
24 Q1285.7M
Debt ratios
012324 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Debt ratios by quarter
PeriodDebt ratios
26 Q21.82
26 Q11.77
25 Q41.83
25 Q31.95
25 Q21.93
25 Q12.08
24 Q42.22
24 Q32.26
24 Q22.44
24 Q12.52
Margins
0%25%50%75%100%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Margins by quarter
PeriodMargins
26 Q2100%
26 Q148.44%
25 Q495.82%
25 Q346.88%
25 Q243.01%
25 Q143.35%
24 Q441.7%
24 Q341.32%
24 Q241.74%
24 Q141.48%
Return on Capital
0%2%4%6%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Return on Capital by quarter
PeriodReturn on Capital
26 Q24.45%
26 Q15.78%
25 Q44.46%
25 Q33.97%
25 Q24.6%
25 Q15.16%
24 Q44.24%
24 Q33.97%
24 Q24.51%
24 Q14.68%
Shares Outstanding
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Shares Outstanding by quarter
PeriodShares Outstanding
26 Q298.8M
26 Q199.2M
25 Q4100.2M
25 Q3100.5M
25 Q2100.6M
25 Q1100.5M
24 Q4100M
24 Q399.9M
24 Q299.9M
24 Q199.8M
Dividends (USD)
00.10.20.3Jul 24Oct 24Jan 25Apr 25Jul 25Oct 25Jan 26Apr 26Jul 26Oct 26
EHC Dividends (USD) by quarter
PeriodDividends (USD)
Oct 260.21
Jul 260.19
Apr 260.19
Jan 260.19
Oct 250.19
Jul 250.17
Apr 250.17
Jan 250.17
Oct 240.17
Jul 240.15
Employee Count
020K40K60K2016201720182019202020212022202320242025
EHC Employee Count by quarter
PeriodEmployee Count
202542K
202440K
202338K
202235K
202143.4K
202043K
201918.98K
201818.28K
201717.94K
201617.19K
Book Value Per Share (USD)
01020304024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q235.03
26 Q133.94
25 Q432.69
25 Q331.7
25 Q230.7
25 Q129.23
24 Q428.49
24 Q327.28
24 Q225.33
24 Q124.08
Total Assets (USD)
02B4B6B8B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
EHC Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q27.46B
26 Q17.31B
25 Q47.09B
25 Q36.87B
25 Q26.79B
25 Q16.64B
24 Q46.53B
24 Q36.46B
24 Q26.39B
24 Q16.23B
PE Ratio
1517.52022.525med 21.58Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
EHC PE Ratio by quarter
PeriodPE Ratio
Sep 2619.36
Sep 2619.38
Aug 2619.23
Aug 2619.14
Aug 2619.66
Aug 2619.92
Jul 2618.09
Jul 2618.38
Jul 2618.27
Jul 2617.94
Jul 2617.34
Jun 2616.5
Jun 2615.96
Jun 2616.52
Jun 2616.94
May 2617.24
May 2617.09
May 2617.36
May 2617.28
May 2617.5
Apr 2618.05
Apr 2618.83
Apr 2618.98
Apr 2617.24
Mar 2617.27
Mar 2616.96
Mar 2617.76
Mar 2618.93
Feb 2619.09
Feb 2619.79
Feb 2620.46
Feb 2619.58
Jan 2617.56
Jan 2618.28
Jan 2618.67
Jan 2619.12
Jan 2619.76
Dec 2519.97
Dec 2519.76
Dec 2519.88
Dec 2520.9
Nov 2521.59
Nov 2521.24
Nov 2521.08
Nov 2521.41
Oct 2521.15
Oct 2524.28
Oct 2523.97
Oct 2523.51
Oct 2523.72
Sep 2524.38
Sep 2523.88
Sep 2524.26
Sep 2524.17
Aug 2523.43
Aug 2523.64
Aug 2523.17
Aug 2522.63
Aug 2522.05
Jul 2521.87
Jul 2522.35
Jul 2524.06
Jul 2524.18
Jun 2524.83
Jun 2524.21
Jun 2524.57
Jun 2524.69
May 2524.56
May 2524.15
May 2524.56
May 2523.65
May 2523.7
Apr 2524.88
Apr 2522.68
Apr 2522.42
Apr 2521.5
Mar 2522.12
Mar 2521.31
Mar 2521.06
Mar 2521.78
Feb 2521.97
Feb 2523.07
Feb 2523.85
Feb 2523.62
Jan 2523.48
Jan 2522.62
Jan 2522.41
Jan 2521.53
Jan 2521.56
Dec 2422.13
Dec 2422.34
Dec 2423.22
Dec 2424.24
Nov 2424.35
Nov 2423.92
Nov 2423.38
Nov 2424.41
Nov 2423.39
Oct 2423.37
Oct 2424.3
Free Cash Flow Yield
2%3%4%5%med 3.53%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
EHC Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 263.44%
Sep 263.44%
Aug 263.46%
Aug 263.48%
Aug 263.39%
Aug 263.34%
Jul 264.21%
Jul 264.15%
Jul 264.17%
Jul 264.25%
Jul 264.4%
Jun 264.62%
Jun 264.78%
Jun 264.61%
Jun 264.5%
May 264.42%
May 264.46%
May 264.39%
May 264.41%
May 264.36%
Apr 264.3%
Apr 264.12%
Apr 264.09%
Apr 264.5%
Mar 264.49%
Mar 264.57%
Mar 264.37%
Mar 264.1%
Feb 264.06%
Feb 263.76%
Feb 263.64%
Feb 263.8%
Jan 264.24%
Jan 264.07%
Jan 263.99%
Jan 263.89%
Jan 263.77%
Dec 253.73%
Dec 253.77%
Dec 253.74%
Dec 253.56%
Nov 253.45%
Nov 253.5%
Nov 253.53%
Nov 253.48%
Oct 253.52%
Oct 253.46%
Oct 253.51%
Oct 253.57%
Oct 253.54%
Sep 253.45%
Sep 253.52%
Sep 253.46%
Sep 253.48%
Aug 253.59%
Aug 253.55%
Aug 253.63%
Aug 253.71%
Aug 253.54%
Jul 253.57%
Jul 253.49%
Jul 253.25%
Jul 253.23%
Jun 253.15%
Jun 253.23%
Jun 253.18%
Jun 253.16%
May 253.18%
May 253.23%
May 253.18%
May 253.3%
May 253.3%
Apr 253.18%
Apr 253.49%
Apr 253.53%
Apr 253.68%
Mar 253.58%
Mar 253.71%
Mar 253.75%
Mar 253.63%
Feb 253.6%
Feb 252.65%
Feb 252.57%
Feb 252.59%
Jan 252.61%
Jan 252.71%
Jan 252.73%
Jan 252.84%
Jan 252.84%
Dec 242.77%
Dec 242.74%
Dec 242.64%
Dec 242.53%
Nov 242.51%
Nov 242.56%
Nov 242.62%
Nov 242.51%
Nov 242.62%
Oct 242.21%
Oct 242.13%
Price to Sales
1.61.822.22.4med 1.9Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
EHC Price to Sales by quarter
PeriodPrice to Sales
Sep 261.94
Sep 261.94
Aug 261.92
Aug 261.92
Aug 261.97
Aug 261.99
Jul 261.82
Jul 261.85
Jul 261.83
Jul 261.8
Jul 261.74
Jun 261.66
Jun 261.6
Jun 261.66
Jun 261.7
May 261.73
May 261.72
May 261.74
May 261.73
May 261.76
Apr 261.72
Apr 261.8
Apr 261.81
Apr 261.64
Mar 261.65
Mar 261.62
Mar 261.69
Mar 261.81
Feb 261.82
Feb 261.85
Feb 261.91
Feb 261.83
Jan 261.64
Jan 261.71
Jan 261.74
Jan 261.78
Jan 261.84
Dec 251.86
Dec 251.84
Dec 251.86
Dec 251.95
Nov 252.02
Nov 251.98
Nov 251.97
Nov 252
Oct 251.97
Oct 252.24
Oct 252.21
Oct 252.17
Oct 252.19
Sep 252.25
Sep 252.2
Sep 252.24
Sep 252.23
Aug 252.16
Aug 252.18
Aug 252.14
Aug 252.09
Aug 251.98
Jul 251.96
Jul 252.01
Jul 252.16
Jul 252.17
Jun 252.23
Jun 252.17
Jun 252.2
Jun 252.22
May 252.2
May 252.17
May 252.2
May 252.12
May 252.13
Apr 252.11
Apr 251.92
Apr 251.9
Apr 251.82
Mar 251.88
Mar 251.81
Mar 251.79
Mar 251.85
Feb 251.86
Feb 251.87
Feb 251.93
Feb 251.91
Jan 251.9
Jan 251.83
Jan 251.81
Jan 251.74
Jan 251.75
Dec 241.79
Dec 241.81
Dec 241.88
Dec 241.96
Nov 241.97
Nov 241.94
Nov 241.89
Nov 241.98
Nov 241.89
Oct 241.84
Oct 241.91
EV/EBITDA
89101112med 10.54Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
EHC EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 269.84
Sep 269.84
Aug 269.78
Aug 269.75
Aug 269.96
Aug 2610.07
Jul 269.31
Jul 269.43
Jul 269.38
Jul 269.24
Jul 268.99
Jun 268.64
Jun 268.42
Jun 268.65
Jun 268.83
May 268.95
May 268.89
May 269
May 268.97
May 269.06
Apr 269.11
Apr 269.42
Apr 269.48
Apr 268.78
Mar 268.79
Mar 268.67
Mar 268.99
Mar 269.46
Feb 269.53
Feb 269.92
Feb 2610.19
Feb 269.84
Jan 269.02
Jan 269.31
Jan 269.47
Jan 269.65
Jan 269.91
Dec 2510
Dec 259.91
Dec 259.96
Dec 2510.37
Nov 2510.65
Nov 2510.51
Nov 2510.44
Nov 2510.58
Oct 2510.47
Oct 2511.64
Oct 2511.52
Oct 2511.33
Oct 2511.42
Sep 2511.68
Sep 2511.48
Sep 2511.63
Sep 2511.6
Aug 2511.3
Aug 2511.39
Aug 2511.2
Aug 2510.98
Aug 2510.79
Jul 2510.72
Jul 2510.91
Jul 2511.59
Jul 2511.64
Jun 2511.89
Jun 2511.65
Jun 2511.79
Jun 2511.84
May 2511.78
May 2511.62
May 2511.78
May 2511.42
May 2511.44
Apr 2511.77
Apr 2510.92
Apr 2510.83
Apr 2510.47
Mar 2510.71
Mar 2510.4
Mar 2510.3
Mar 2510.58
Feb 2510.65
Feb 2510.85
Feb 2511.14
Feb 2511.05
Jan 2511
Jan 2510.68
Jan 2510.6
Jan 2510.28
Jan 2510.29
Dec 2410.5
Dec 2410.58
Dec 2410.91
Dec 2411.29
Nov 2411.32
Nov 2411.16
Nov 2410.96
Nov 2411.35
Nov 2410.97
Oct 2411.06
Oct 2411.4
Price/Operating Cashflow
89101112med 10.2Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
EHC Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 269.92
Sep 269.92
Aug 269.85
Aug 269.8
Aug 2610.07
Aug 2610.2
Jul 269.18
Jul 269.33
Jul 269.28
Jul 269.11
Jul 268.8
Jun 268.38
Jun 268.1
Jun 268.39
Jun 268.6
May 268.75
May 268.68
May 268.81
May 268.77
May 268.88
Apr 268.69
Apr 269.07
Apr 269.14
Apr 268.3
Mar 268.32
Mar 268.17
Mar 268.55
Mar 269.12
Feb 269.19
Feb 269.66
Feb 269.99
Feb 269.56
Jan 268.57
Jan 268.92
Jan 269.11
Jan 269.33
Jan 269.64
Dec 259.75
Dec 259.65
Dec 259.7
Dec 2510.2
Nov 2510.54
Nov 2510.37
Nov 2510.29
Nov 2510.45
Oct 2510.32
Oct 2511.48
Oct 2511.34
Oct 2511.12
Oct 2511.21
Sep 2511.53
Sep 2511.29
Sep 2511.47
Sep 2511.43
Aug 2511.08
Aug 2511.18
Aug 2510.96
Aug 2510.7
Aug 2510.36
Jul 2510.28
Jul 2510.5
Jul 2511.31
Jul 2511.37
Jun 2511.67
Jun 2511.38
Jun 2511.55
Jun 2511.6
May 2511.54
May 2511.35
May 2511.54
May 2511.11
May 2511.14
Apr 2511.31
Apr 2510.31
Apr 2510.19
Apr 259.77
Mar 2510.05
Mar 259.68
Mar 259.57
Mar 259.9
Feb 259.99
Feb 2510.53
Feb 2510.89
Feb 2510.78
Jan 2510.72
Jan 2510.33
Jan 2510.23
Jan 259.83
Jan 259.85
Dec 2410.11
Dec 2410.2
Dec 2410.6
Dec 2411.07
Nov 2411.12
Nov 2410.92
Nov 2410.68
Nov 2411.15
Nov 2410.68
Oct 2410.7
Oct 2411.13
Price to Book
2.533.544.5med 3.53Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
EHC Price to Book by quarter
PeriodPrice to Book
Sep 263.47
Sep 263.48
Aug 263.45
Aug 263.43
Aug 263.53
Aug 263.57
Jul 263.27
Jul 263.33
Jul 263.31
Jul 263.25
Jul 263.14
Jun 262.99
Jun 262.89
Jun 262.99
Jun 263.06
May 263.12
May 263.09
May 263.14
May 263.13
May 263.17
Apr 263.12
Apr 263.25
Apr 263.28
Apr 262.98
Mar 262.98
Mar 262.93
Mar 263.07
Mar 263.27
Feb 263.3
Feb 263.36
Feb 263.47
Feb 263.32
Jan 262.98
Jan 263.1
Jan 263.17
Jan 263.25
Jan 263.36
Dec 253.39
Dec 253.36
Dec 253.37
Dec 253.55
Nov 253.67
Nov 253.61
Nov 253.58
Nov 253.64
Oct 253.59
Oct 254.11
Oct 254.06
Oct 253.98
Oct 254.01
Sep 254.13
Sep 254.04
Sep 254.11
Sep 254.09
Aug 253.97
Aug 254
Aug 253.92
Aug 253.83
Aug 253.71
Jul 253.68
Jul 253.76
Jul 254.05
Jul 254.07
Jun 254.18
Jun 254.08
Jun 254.14
Jun 254.16
May 254.14
May 254.07
May 254.14
May 253.98
May 253.99
Apr 253.98
Apr 253.63
Apr 253.59
Apr 253.44
Mar 253.54
Mar 253.41
Mar 253.37
Mar 253.48
Feb 253.51
Feb 253.57
Feb 253.7
Feb 253.66
Jan 253.64
Jan 253.51
Jan 253.47
Jan 253.34
Jan 253.34
Dec 243.43
Dec 243.46
Dec 243.6
Dec 243.76
Nov 243.77
Nov 243.71
Nov 243.62
Nov 243.78
Nov 243.63
Oct 243.69
Oct 243.84
Encompass Health Corporation
EHC
Stockpicker

Video analysis: EHC

All videos

No video analysis for this stock yet. Request one from our team.

Your email is used only to follow up on this request. We do not add you to marketing lists. Privacy Policy

News: EHC

Why Is Encompass Health (EHC) Down 1.8% Since Last Earnings Report?

zacks.com · 4 Sep 2026

Why Is Encompass Health (EHC) Down 1.8% Since Last Earnings Report?

Encompass Health (EHC) reported earnings 30 days ago. What's next for the stock?

76,400 Shares in Encompass Health Corporation $EHC Purchased by Canada Pension Plan Investment Board

defenseworld.net · 30 Aug 2026

76,400 Shares in Encompass Health Corporation $EHC Purchased by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board acquired a new position in Encompass Health Corporation (NYSE: EHC) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 76,400 shares of the company's stock, valued at approximately $7,723,000. Canada Pension Plan Investment Board owned

Deutsche Bank AG Invests $1.28 Million in Encompass Health Corporation $EHC

defenseworld.net · 30 Aug 2026

Deutsche Bank AG Invests $1.28 Million in Encompass Health Corporation $EHC

Deutsche Bank AG purchased a new stake in Encompass Health Corporation (NYSE: EHC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,716 shares of the company's stock, valued at approximately $1,285,000. Several other hedge funds and other institutional investors have

Encompass Health Is Healthy Enough To Justify A Bullish View

seekingalpha.com · 28 Aug 2026

Encompass Health Is Healthy Enough To Justify A Bullish View

Encompass Health Corporation is the largest U.S. inpatient rehabilitation hospital operator, showing robust top- and bottom-line growth with industry-leading balance sheet strength. EHC is executing a disciplined expansion strategy, targeting 6–10 new hospitals and 80–120 bed additions annually, supported by favorable US demographic trends. Despite trading at a premium to peers, EHC's valuation remains attractive given its growth, profitability, and declining net leverage ratio.

Ancora Advisors LLC Buys New Stake in Encompass Health Corporation $EHC

defenseworld.net · 26 Aug 2026

Ancora Advisors LLC Buys New Stake in Encompass Health Corporation $EHC

Ancora Advisors LLC purchased a new stake in Encompass Health Corporation (NYSE: EHC) during the second quarter, according to its most recent filing with the SEC. The fund purchased 105,258 shares of the company's stock, valued at approximately $10,639,000. Ancora Advisors LLC owned about 0.11% of Encompass Health as of its most recent

808,034 Shares in Encompass Health Corporation $EHC Purchased by Bank of New York Mellon Corp

defenseworld.net · 26 Aug 2026

808,034 Shares in Encompass Health Corporation $EHC Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp purchased a new stake in shares of Encompass Health Corporation (NYSE: EHC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 808,034 shares of the company's stock, valued at approximately $81,676,000. Bank of New York Mellon Corp

How EHC's Capacity Expansion Fuels a Multi-Year Growth Runway

zacks.com · 25 Aug 2026

How EHC's Capacity Expansion Fuels a Multi-Year Growth Runway

Encompass Health's capacity expansion, new facilities and North Carolina pipeline could fuel 6-8% multi-year discharge growth.

Why Encompass Health (EHC) is a Top Momentum Stock for the Long-Term

zacks.com · 25 Aug 2026

Why Encompass Health (EHC) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Similar companies

Disclaimer: The historical data presented on this platform is provided by Financial Modeling Prep. Stock Picker is a platform for informational purposes only and does not provide financial advice. Users are encouraged to conduct their own research and consult with a qualified financial advisor before making investment decisions.