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.

Hamilton Beach Brands Holding Company

$30 +$14.00 (+87.50%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$30.08
Day Range
$29.62$30.84
Year Range
$13.56$34.26
Market Cap
405.07M
AVG Volume
49.65K
Trailing/Forward PE
7.04/-
PEG ratio
0.09
Dividend Yield
1.63%
Next Earnings Date
2026-11-04
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2142.63M
26 Q1121.96M
25 Q4212.93M
25 Q3132.78M
25 Q2127.77M
25 Q1133.37M
24 Q4213.51M
24 Q3156.67M
24 Q2156.24M
24 Q1128.28M
Net Income (USD)
-10M010M20M30M40M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q233.71M
26 Q13.54M
25 Q418.54M
25 Q31.65M
25 Q24.45M
25 Q11.8M
24 Q424M
24 Q31.94M
24 Q25.99M
24 Q1-1.16M
Operating Income (USD)
-20M020M40M60M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q243.21M
26 Q14.97M
25 Q425.44M
25 Q32.87M
25 Q25.95M
25 Q12.31M
24 Q423.57M
24 Q310.62M
24 Q29.96M
24 Q1-943K
EBITDA (USD)
020M40M60M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q244.63M
26 Q17.49M
25 Q427.62M
25 Q33.5M
25 Q27.42M
25 Q13.76M
24 Q424.36M
24 Q33.84M
24 Q210.51M
24 Q172K
Cash Flows (USD)
-50M-25M025M50M75M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q257.66M
26 Q12.98M
25 Q427.91M
25 Q38.37M
25 Q2-31.34M
25 Q16.1M
24 Q429.39M
24 Q3-2.7M
24 Q216.77M
24 Q118.76M
EPS (USD)
-1012324 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB EPS (USD) by quarter
PeriodEPS (USD)
26 Q22.49
26 Q10.26
25 Q41.38
25 Q30.12
25 Q20.33
25 Q10.13
24 Q41.76
24 Q30.14
24 Q20.42
24 Q1-0.08
Expenses (USD)
010M20M30M40MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q234.87M
26 Q131.54M
25 Q435.25M
25 Q325.84M
25 Q230.05M
25 Q130.9M
24 Q432.95M
24 Q334.06M
24 Q231M
24 Q131.89M
Cash & Debt (USD)
050M100M150MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2101.47M
26 Q147.42M
25 Q447.31M
25 Q317.18M
25 Q211.34M
25 Q148.3M
24 Q445.64M
24 Q322.6M
24 Q237.21M
24 Q126.28M
Debt ratios
-1012324 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Debt ratios by quarter
PeriodDebt ratios
26 Q2-0.14
26 Q1-0.15
25 Q4-0.13
25 Q30.66
25 Q22.11
25 Q11.12
24 Q41.25
24 Q31.78
24 Q21.15
24 Q11.64
Margins
0%20%40%60%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Margins by quarter
PeriodMargins
26 Q254.33%
26 Q129.67%
25 Q428.28%
25 Q321.11%
25 Q227.5%
25 Q124.57%
24 Q426.11%
24 Q328.02%
24 Q225.92%
24 Q123.43%
Return on Capital
-5%0%5%10%15%20%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Return on Capital by quarter
PeriodReturn on Capital
26 Q215.55%
26 Q11.92%
25 Q410.14%
25 Q31.01%
25 Q22.72%
25 Q11.11%
24 Q414.47%
24 Q31.29%
24 Q24.11%
24 Q1-0.8%
Shares Outstanding
05M10M15M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Shares Outstanding by quarter
PeriodShares Outstanding
26 Q213.5M
26 Q113.57M
25 Q413.43M
25 Q313.49M
25 Q213.52M
25 Q113.77M
24 Q413.67M
24 Q313.85M
24 Q214.11M
24 Q114.16M
Dividends (USD)
00.050.10.15May 24Sep 24Dec 24Mar 25May 25Sep 25Dec 25Mar 26Jun 26Sep 26
HBB Dividends (USD) by quarter
PeriodDividends (USD)
Sep 260.12
Jun 260.12
Mar 260.12
Dec 250.12
Sep 250.12
May 250.12
Mar 250.12
Dec 240.12
Sep 240.12
May 240.12
Employee Count
05001K1.5K2K201720182019202020212022202320242025
HBB Employee Count by quarter
PeriodEmployee Count
2025660
2024700
2023700
2022700
2021700
2020700
2019680
20181.5K
20171.6K
Book Value Per Share (USD)
0510152024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q216.06
26 Q113.61
25 Q413.61
25 Q312.16
25 Q212.13
25 Q111.85
24 Q412.13
24 Q310.83
24 Q210.33
24 Q110.27
Total Assets (USD)
0200M400M600M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HBB Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2411.29M
26 Q1370.13M
25 Q4397.62M
25 Q3392.38M
25 Q2363.8M
25 Q1418.02M
24 Q4415.07M
24 Q3408.67M
24 Q2369.9M
24 Q1368.95M
PE Ratio
57.51012.515med 8.17Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HBB PE Ratio by quarter
PeriodPE Ratio
Sep 267.05
Sep 267.28
Aug 267.39
Aug 267.73
Aug 267.83
Aug 267.38
Jul 2611.07
Jul 2610.74
Jul 2611.11
Jul 2610.3
Jul 2610.94
Jun 2610.11
Jun 269.84
Jun 269.78
Jun 269.36
May 269.77
May 269.44
May 268.76
May 2610.07
May 2610.4
Apr 2610.6
Apr 2610.51
Apr 2610.42
Apr 269.28
Mar 268.96
Mar 268.34
Mar 268.05
Mar 268.58
Feb 269.67
Feb 268.3
Feb 268.06
Feb 268.23
Jan 268.07
Jan 268.02
Jan 268.04
Jan 268.13
Jan 266.76
Dec 256.85
Dec 256.72
Dec 256.96
Dec 256.89
Nov 256.74
Nov 256.65
Nov 256
Nov 255.87
Oct 255.91
Oct 256.29
Oct 256.49
Oct 255.79
Oct 256.25
Sep 256.05
Sep 256.11
Sep 256.12
Sep 256.34
Aug 256.19
Aug 256.35
Aug 255.47
Aug 255.89
Aug 255.58
Jul 257.36
Jul 257.22
Jul 257.95
Jul 257.68
Jun 257.25
Jun 256.86
Jun 256.88
Jun 257.53
May 257.46
May 257.26
May 257.31
May 255.92
May 255.99
Apr 258.58
Apr 257.93
Apr 257.77
Apr 258.21
Mar 258.65
Mar 258.75
Mar 258.33
Mar 259.03
Feb 258.66
Feb 259.21
Feb 258.7
Feb 258.48
Jan 259
Jan 259.48
Jan 259.18
Jan 258.4
Jan 258.72
Dec 248.82
Dec 248.71
Dec 249.49
Dec 249.96
Nov 2410.19
Nov 2410.18
Nov 2410.65
Nov 2411.23
Nov 2413.96
Oct 2412.02
Oct 2412.68
Free Cash Flow Yield
0%10%20%30%med 5.87%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HBB Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 2623.94%
Sep 2623.17%
Aug 2622.84%
Aug 2621.83%
Aug 2621.54%
Aug 2622.86%
Jul 262.54%
Jul 262.61%
Jul 262.53%
Jul 262.73%
Jul 262.57%
Jun 262.78%
Jun 262.86%
Jun 262.87%
Jun 263%
May 262.87%
May 262.97%
May 263.2%
May 262.79%
May 264.01%
Apr 263.94%
Apr 263.97%
Apr 264.01%
Apr 264.49%
Mar 264.66%
Mar 265%
Mar 265.18%
Mar 264.86%
Feb 264.31%
Feb 264.73%
Feb 264.87%
Feb 264.77%
Jan 264.86%
Jan 264.89%
Jan 264.88%
Jan 264.83%
Jan 265.8%
Dec 255.73%
Dec 255.84%
Dec 255.64%
Dec 255.7%
Nov 255.82%
Nov 255.9%
Nov 256.54%
Nov 256.69%
Oct 250.76%
Oct 250.72%
Oct 250.7%
Oct 250.78%
Oct 250.72%
Sep 250.74%
Sep 250.74%
Sep 250.74%
Sep 250.71%
Aug 250.73%
Aug 250.71%
Aug 250.82%
Aug 250.77%
Aug 250.81%
Jul 2519.97%
Jul 2520.36%
Jul 2518.49%
Jul 2519.13%
Jun 2520.27%
Jun 2521.42%
Jun 2521.36%
Jun 2519.52%
May 2519.7%
May 2520.25%
May 2520.1%
May 2524.81%
May 2524.54%
Apr 2523.57%
Apr 2525.52%
Apr 2526.03%
Apr 2524.65%
Mar 2523.38%
Mar 2523.11%
Mar 2524.3%
Mar 2522.41%
Feb 2523.35%
Feb 2521.31%
Feb 2522.54%
Feb 2523.13%
Jan 2521.79%
Jan 2520.69%
Jan 2521.37%
Jan 2523.35%
Jan 2522.49%
Dec 2422.23%
Dec 2422.52%
Dec 2420.68%
Dec 2419.7%
Nov 2419.25%
Nov 2419.28%
Nov 2418.41%
Nov 2417.46%
Nov 2414.05%
Oct 2415.56%
Oct 2414.75%
Price to Sales
0.20.40.60.8med 0.39Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HBB Price to Sales by quarter
PeriodPrice to Sales
Sep 260.66
Sep 260.69
Aug 260.7
Aug 260.73
Aug 260.74
Aug 260.69
Jul 260.52
Jul 260.51
Jul 260.53
Jul 260.49
Jul 260.52
Jun 260.48
Jun 260.47
Jun 260.46
Jun 260.44
May 260.46
May 260.45
May 260.41
May 260.48
May 260.45
Apr 260.46
Apr 260.46
Apr 260.45
Apr 260.4
Mar 260.39
Mar 260.36
Mar 260.35
Mar 260.37
Feb 260.42
Feb 260.44
Feb 260.42
Feb 260.43
Jan 260.42
Jan 260.42
Jan 260.42
Jan 260.43
Jan 260.36
Dec 250.36
Dec 250.35
Dec 250.37
Dec 250.36
Nov 250.35
Nov 250.35
Nov 250.32
Nov 250.31
Oct 250.3
Oct 250.32
Oct 250.33
Oct 250.3
Oct 250.32
Sep 250.31
Sep 250.31
Sep 250.31
Sep 250.32
Aug 250.32
Aug 250.32
Aug 250.28
Aug 250.3
Aug 250.28
Jul 250.38
Jul 250.37
Jul 250.41
Jul 250.39
Jun 250.37
Jun 250.35
Jun 250.35
Jun 250.38
May 250.38
May 250.37
May 250.37
May 250.3
May 250.31
Apr 250.4
Apr 250.37
Apr 250.37
Apr 250.39
Mar 250.41
Mar 250.41
Mar 250.39
Mar 250.42
Feb 250.41
Feb 250.37
Feb 250.35
Feb 250.34
Jan 250.37
Jan 250.39
Jan 250.37
Jan 250.34
Jan 250.35
Dec 240.36
Dec 240.35
Dec 240.39
Dec 240.4
Nov 240.41
Nov 240.41
Nov 240.43
Nov 240.46
Nov 240.57
Oct 240.65
Oct 240.68
EV/EBITDA
4681012med 6.94Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HBB EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 264.72
Sep 264.88
Aug 264.96
Aug 265.19
Aug 265.26
Aug 264.95
Jul 266.63
Jul 266.43
Jul 266.66
Jul 266.16
Jul 266.55
Jun 266.04
Jun 265.88
Jun 265.84
Jun 265.59
May 265.84
May 265.63
May 265.22
May 266.02
May 266.38
Apr 266.5
Apr 266.44
Apr 266.39
Apr 265.68
Mar 265.47
Mar 265.09
Mar 264.91
Mar 265.24
Feb 265.92
Feb 267.45
Feb 267.25
Feb 267.39
Jan 267.26
Jan 267.22
Jan 267.23
Jan 267.31
Jan 266.19
Dec 256.26
Dec 256.16
Dec 256.35
Dec 256.3
Nov 256.17
Nov 256.1
Nov 255.57
Nov 255.46
Oct 256.94
Oct 257.25
Oct 257.41
Oct 256.85
Oct 257.22
Sep 257.06
Sep 257.11
Sep 257.11
Sep 257.3
Aug 257.17
Aug 257.3
Aug 256.59
Aug 256.93
Aug 256.68
Jul 256.96
Jul 256.85
Jul 257.43
Jul 257.22
Jun 256.87
Jun 256.57
Jun 256.58
Jun 257.09
May 257.04
May 256.88
May 256.92
May 255.82
May 255.87
Apr 258.06
Apr 257.54
Apr 257.41
Apr 257.76
Mar 258.11
Mar 258.19
Mar 257.85
Mar 258.41
Feb 258.12
Feb 257.74
Feb 257.41
Feb 257.27
Jan 257.6
Jan 257.91
Jan 257.72
Jan 257.22
Jan 257.42
Dec 247.49
Dec 247.42
Dec 247.92
Dec 248.22
Nov 248.37
Nov 248.36
Nov 248.67
Nov 249.05
Nov 2410.81
Oct 249.24
Oct 249.68
Price/Operating Cashflow
0204060med 13.69Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HBB Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 264.08
Sep 264.22
Aug 264.28
Aug 264.48
Aug 264.54
Aug 264.28
Jul 2629.72
Jul 2628.84
Jul 2629.84
Jul 2627.67
Jul 2629.39
Jun 2627.15
Jun 2626.41
Jun 2626.26
Jun 2625.15
May 2626.24
May 2625.35
May 2623.53
May 2627.05
May 2619.92
Apr 2620.3
Apr 2620.12
Apr 2619.95
Apr 2617.78
Mar 2617.16
Mar 2615.97
Mar 2615.42
Mar 2616.43
Feb 2618.52
Feb 2616.98
Feb 2616.49
Feb 2616.85
Jan 2616.51
Jan 2616.41
Jan 2616.45
Jan 2616.63
Jan 2613.84
Dec 2514.02
Dec 2513.76
Dec 2514.24
Dec 2514.1
Nov 2513.79
Nov 2513.61
Nov 2512.27
Nov 2512
Oct 2541.6
Oct 2544.29
Oct 2545.68
Oct 2540.81
Oct 2544
Sep 2542.64
Sep 2543.05
Sep 2543.08
Sep 2544.68
Aug 2543.58
Aug 2544.71
Aug 2538.56
Aug 2541.51
Aug 2539.33
Jul 254.74
Jul 254.65
Jul 255.12
Jul 254.95
Jun 254.67
Jun 254.42
Jun 254.43
Jun 254.85
May 254.81
May 254.68
May 254.71
May 253.82
May 253.86
Apr 254.04
Apr 253.73
Apr 253.65
Apr 253.86
Mar 254.07
Mar 254.12
Mar 253.91
Mar 254.25
Feb 254.07
Feb 254.4
Feb 254.16
Feb 254.05
Jan 254.3
Jan 254.53
Jan 254.38
Jan 254.01
Jan 254.17
Dec 244.21
Dec 244.16
Dec 244.53
Dec 244.76
Nov 244.87
Nov 244.86
Nov 245.09
Nov 245.36
Nov 246.67
Oct 246.1
Oct 246.44
Price to Book
11.522.533.5med 1.52Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HBB Price to Book by quarter
PeriodPrice to Book
Sep 261.87
Sep 261.93
Aug 261.96
Aug 262.05
Aug 262.08
Aug 261.96
Jul 261.69
Jul 261.64
Jul 261.7
Jul 261.57
Jul 261.67
Jun 261.54
Jun 261.5
Jun 261.49
Jun 261.43
May 261.49
May 261.44
May 261.34
May 261.54
May 261.5
Apr 261.53
Apr 261.52
Apr 261.51
Apr 261.34
Mar 261.3
Mar 261.21
Mar 261.16
Mar 261.24
Feb 261.4
Feb 261.61
Feb 261.57
Feb 261.6
Jan 261.57
Jan 261.56
Jan 261.56
Jan 261.58
Jan 261.32
Dec 251.33
Dec 251.31
Dec 251.35
Dec 251.34
Nov 251.31
Nov 251.29
Nov 251.17
Nov 251.14
Oct 251.16
Oct 251.23
Oct 251.27
Oct 251.14
Oct 251.23
Sep 251.19
Sep 251.2
Sep 251.2
Sep 251.25
Aug 251.21
Aug 251.25
Aug 251.07
Aug 251.16
Aug 251.1
Jul 251.52
Jul 251.49
Jul 251.64
Jul 251.59
Jun 251.5
Jun 251.42
Jun 251.42
Jun 251.56
May 251.54
May 251.5
May 251.51
May 251.22
May 251.24
Apr 251.59
Apr 251.47
Apr 251.44
Apr 251.52
Mar 251.6
Mar 251.62
Mar 251.54
Mar 251.67
Feb 251.61
Feb 251.62
Feb 251.53
Feb 251.49
Jan 251.58
Jan 251.66
Jan 251.61
Jan 251.48
Jan 251.53
Dec 241.55
Dec 241.53
Dec 241.67
Dec 241.75
Nov 241.79
Nov 241.79
Nov 241.87
Nov 241.97
Nov 242.45
Oct 242.87
Oct 243.02
Hamilton Beach Brands Holding Company
HBB
Stockpicker

Video analysis: HBB

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: HBB

HBB Outperforms Peers: Is This Cheaper Consumer Stock Worth Buying?

zacks.com · 11 Sep 2026

HBB Outperforms Peers: Is This Cheaper Consumer Stock Worth Buying?

Hamilton Beach Brands expands products, premium offerings, AI marketing and health, while stronger cash flow and a low valuation support the case for further upside.

3 Unstoppable Value Stocks to Buy in September (1 Yields 7.3%)

fool.com · 10 Sep 2026

3 Unstoppable Value Stocks to Buy in September (1 Yields 7.3%)

These three overlooked consumer stocks offer investors dividends, new growth capacity, and catalysts that may take years to fully play out.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES QUARTERLY DIVIDEND

prnewswire.com · 19 Aug 2026

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES QUARTERLY DIVIDEND

GLEN ALLEN, Va., Aug. 19, 2026 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (the Company) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.125 per share.

Analyzing Persimmon (OTCMKTS:PSMMY) & Hamilton Beach Brands (NYSE:HBB)

defenseworld.net · 17 Aug 2026

Analyzing Persimmon (OTCMKTS:PSMMY) & Hamilton Beach Brands (NYSE:HBB)

Persimmon (OTCMKTS:PSMMY - Get Free Report) and Hamilton Beach Brands (NYSE: HBB - Get Free Report) are both consumer discretionary companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, dividends, institutional ownership, profitability, valuation and analyst recommendations. Volatility and Risk Persimmon has a beta

Hamilton Beach Brands Q2 Earnings Call Highlights

marketbeat.com · 8 Aug 2026

Hamilton Beach Brands Q2 Earnings Call Highlights

Hamilton Beach Brands NYSE: HBB reported higher second-quarter revenue and operating profit, with results aided by a $36.5 million refund of tariffs imposed under the International Emergency Economic Powers Act, while management said underlying operating performance also improved.

Hamilton Beach Q2 Earnings Surge Y/Y on Tariff Refunds, Sales Rise

zacks.com · 7 Aug 2026

Hamilton Beach Q2 Earnings Surge Y/Y on Tariff Refunds, Sales Rise

HBB's Q2 revenues rise 11.6% y/y as tariff refunds boost earnings and margins, prompting an improved 2026 profit outlook.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES SECOND QUARTER RESULTS

prnewswire.com · 5 Aug 2026

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES SECOND QUARTER RESULTS

Second Quarter Revenue Increased 11.6% to $142.6 Million Reiterates 2026 Revenue Outlook, Raises Gross Margin and Operating Profit Outlook GLEN ALLEN, Va., Aug. 5, 2026 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (The Company) today announced results for the second quarter of 2026.

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES DATES OF ITS 2026 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL

prnewswire.com · 29 Jul 2026

HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES DATES OF ITS 2026 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL

GLEN ALLEN, Va., July 29, 2026 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) announced today that it will release its 2026 second quarter financial results and file its 10-Q for the quarter ended June 30, 2026, after the market close on Wednesday, August 5, 2026.

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.