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.

Janus International Group, Inc.

$4.59 -$2.06 (-30.98%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$4.57
Day Range
$4.55$4.68
Year Range
$4.26$10.8
Market Cap
626.04M
AVG Volume
1.75M
Trailing/Forward PE
18.93/7.01
PEG ratio
1.02
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2233.5M
26 Q1222.7M
25 Q4226.3M
25 Q3219.3M
25 Q2228.1M
25 Q1210.5M
24 Q4230.8M
24 Q3230.1M
24 Q2248.4M
24 Q1254.5M
Net Income (USD)
010M20M30M40M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q210.7M
26 Q1200K
25 Q47.1M
25 Q315.2M
25 Q220.7M
25 Q110.8M
24 Q4300K
24 Q311.8M
24 Q227.6M
24 Q130.7M
Operating Income (USD)
020M40M60M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q220.6M
26 Q113.1M
25 Q424.3M
25 Q329.4M
25 Q236M
25 Q125.3M
24 Q412.8M
24 Q326.7M
24 Q251.6M
24 Q155.5M
EBITDA (USD)
020M40M60M80M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q252.6M
26 Q126.2M
25 Q466.5M
25 Q341.5M
25 Q247.4M
25 Q136.8M
24 Q429M
24 Q341.1M
24 Q261.3M
24 Q165.8M
Cash Flows (USD)
020M40M60M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q221.6M
26 Q132.3M
25 Q419.2M
25 Q38.3M
25 Q244.6M
25 Q141.9M
24 Q445.3M
24 Q339.3M
24 Q225.3M
24 Q124M
EPS (USD)
00.10.20.324 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI EPS (USD) by quarter
PeriodEPS (USD)
26 Q20.08
26 Q10
25 Q40.05
25 Q30.11
25 Q20.15
25 Q10.08
24 Q40
24 Q30.08
24 Q20.19
24 Q10.21
Expenses (USD)
020M40M60M80MSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q262.5M
26 Q164.9M
25 Q466.3M
25 Q361.9M
25 Q264M
25 Q163M
24 Q471.3M
24 Q365.4M
24 Q263.1M
24 Q159.5M
Cash & Debt (USD)
0200M400M600M800MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2127M
26 Q1112M
25 Q4194.4M
25 Q3178.9M
25 Q2173.6M
25 Q1140.8M
24 Q4149.3M
24 Q3102.1M
24 Q2110.1M
24 Q1178.4M
Debt ratios
-1012324 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Debt ratios by quarter
PeriodDebt ratios
26 Q2-0.65
26 Q1-0.58
25 Q42.23
25 Q32.43
25 Q22.48
25 Q12.48
24 Q42.27
24 Q32.05
24 Q21.94
24 Q11.53
Margins
0%20%40%60%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Margins by quarter
PeriodMargins
26 Q234.39%
26 Q133.77%
25 Q432.17%
25 Q339.08%
25 Q240.86%
25 Q138.91%
24 Q437.78%
24 Q339.63%
24 Q243.88%
24 Q143.38%
Return on Capital
0%2%4%6%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Return on Capital by quarter
PeriodReturn on Capital
26 Q21.87%
26 Q10.04%
25 Q41.24%
25 Q32.71%
25 Q23.81%
25 Q12.05%
24 Q40.06%
24 Q32.24%
24 Q24.96%
24 Q15.73%
Shares Outstanding
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2136.43M
26 Q1138.36M
25 Q4138.82M
25 Q3138.87M
25 Q2139.8M
25 Q1140.05M
24 Q4140.9M
24 Q3143.67M
24 Q2145.86M
24 Q1146.6M
Book Value Per Share (USD)
024624 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q24.19
26 Q14.05
25 Q44.12
25 Q34.04
25 Q23.89
25 Q13.76
24 Q43.68
24 Q33.67
24 Q23.81
24 Q13.65
Total Assets (USD)
0500M1B1.5B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
JBI Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q21.31B
26 Q11.31B
25 Q41.3B
25 Q31.3B
25 Q21.3B
25 Q11.27B
24 Q41.3B
24 Q31.29B
24 Q21.34B
24 Q11.35B
Employee Count
05001K1.5K2K20222022202320242026
JBI Employee Count by quarter
PeriodEmployee Count
20261.82K
20241.88K
20231.86K
20221.7K
20221.58K
PE Ratio
010203040med 17.39Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
JBI PE Ratio by quarter
PeriodPE Ratio
Sep 2618.86
Sep 2620.92
Aug 2620.09
Aug 2621
Aug 2621
Aug 2617.78
Jul 2616.43
Jul 2616.94
Jul 2617.3
Jul 2616.69
Jul 2617.14
Jun 2617.55
Jun 2617.2
Jun 2617.14
Jun 2616.33
May 2617.1
May 2616.65
May 2615.41
May 2613.44
May 2613.29
Apr 2614.04
Apr 2614.3
Apr 2613.91
Apr 2612.7
Mar 2612.9
Mar 2613.55
Mar 2613.34
Mar 2613.65
Feb 2620.56
Feb 2621.3
Feb 2620.98
Feb 2621.48
Jan 2620.27
Jan 2620.77
Jan 2621.18
Jan 2620.89
Jan 2619.65
Dec 2520
Dec 2520.03
Dec 2520.12
Dec 2518.08
Nov 2518.35
Nov 2517.49
Nov 2517.49
Nov 2519.88
Oct 2530.78
Oct 2532.61
Oct 2531.55
Oct 2530.27
Oct 2532.1
Sep 2532.13
Sep 2532.61
Sep 2533.15
Sep 2533.25
Aug 2533.19
Aug 2533.89
Aug 2532.35
Aug 2531.46
Aug 2523.71
Jul 2525.35
Jul 2524.16
Jul 2525.07
Jul 2524.93
Jun 2522.66
Jun 2522.08
Jun 2522.16
Jun 2522.71
May 2522.66
May 2522.35
May 2524.57
May 2522.74
May 2514.57
Apr 2513.73
Apr 2512.83
Apr 2512.59
Apr 2513.81
Mar 2514.37
Mar 2515.89
Mar 2516.33
Mar 2516.53
Feb 2516.19
Feb 2510.58
Feb 2511.37
Feb 2511.04
Jan 2511.26
Jan 2510.69
Jan 2510.32
Jan 259.44
Jan 2510.28
Dec 249.99
Dec 2410.36
Dec 2410.75
Dec 249.98
Nov 2410.16
Nov 2410.06
Nov 249.74
Nov 249.94
Nov 249.98
Oct 2411.15
Oct 2411.51
Free Cash Flow Yield
10%12%14%16%18%med 13.87%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
JBI Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 2613%
Sep 2611.72%
Aug 2612.2%
Aug 2611.68%
Aug 2611.68%
Aug 2613.6%
Jul 2614.71%
Jul 2614.26%
Jul 2613.97%
Jul 2614.48%
Jul 2614.1%
Jun 2613.77%
Jun 2614.05%
Jun 2614.1%
Jun 2614.79%
May 2614.13%
May 2614.51%
May 2615.69%
May 2615.76%
May 2615.95%
Apr 2615.1%
Apr 2614.82%
Apr 2615.24%
Apr 2616.69%
Mar 2616.42%
Mar 2615.64%
Mar 2615.88%
Mar 2615.52%
Feb 2614.5%
Feb 2613.99%
Feb 2614.21%
Feb 2613.88%
Jan 2614.71%
Jan 2614.35%
Jan 2614.07%
Jan 2614.27%
Jan 2615.17%
Dec 2514.9%
Dec 2514.88%
Dec 2514.81%
Dec 2516.48%
Nov 2516.25%
Nov 2517.04%
Nov 2517.04%
Nov 2514.99%
Oct 2512.75%
Oct 2512.03%
Oct 2512.44%
Oct 2512.96%
Oct 2512.23%
Sep 2512.21%
Sep 2512.03%
Sep 2511.84%
Sep 2511.8%
Aug 2511.82%
Aug 2511.58%
Aug 2512.13%
Aug 2512.48%
Aug 2512.68%
Jul 2511.86%
Jul 2512.44%
Jul 2511.99%
Jul 2512.06%
Jun 2513.27%
Jun 2513.62%
Jun 2513.57%
Jun 2513.23%
May 2513.27%
May 2513.45%
May 2512.23%
May 2513.22%
May 2513.05%
Apr 2513.85%
Apr 2514.83%
Apr 2515.11%
Apr 2513.77%
Mar 2513.24%
Mar 2511.97%
Mar 2511.65%
Mar 2511.51%
Feb 2511.75%
Feb 2513.55%
Feb 2512.61%
Feb 2512.98%
Jan 2512.73%
Jan 2513.41%
Jan 2513.88%
Jan 2515.18%
Jan 2513.94%
Dec 2414.34%
Dec 2413.83%
Dec 2413.32%
Dec 2414.36%
Nov 2414.11%
Nov 2414.24%
Nov 2414.72%
Nov 2414.42%
Nov 2414.36%
Oct 2410.84%
Oct 2410.5%
Price to Sales
0.50.7511.251.51.75med 1.07Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
JBI Price to Sales by quarter
PeriodPrice to Sales
Sep 260.69
Sep 260.77
Aug 260.74
Aug 260.77
Aug 260.77
Aug 260.86
Jul 260.79
Jul 260.82
Jul 260.83
Jul 260.8
Jul 260.83
Jun 260.85
Jun 260.83
Jun 260.83
Jun 260.79
May 260.82
May 260.8
May 260.74
May 260.82
May 260.81
Apr 260.85
Apr 260.87
Apr 260.85
Apr 260.77
Mar 260.79
Mar 260.82
Mar 260.81
Mar 260.83
Feb 261.09
Feb 261.13
Feb 261.11
Feb 261.14
Jan 261.07
Jan 261.1
Jan 261.12
Jan 261.1
Jan 261.04
Dec 251.06
Dec 251.06
Dec 251.06
Dec 250.96
Nov 250.97
Nov 250.93
Nov 250.93
Nov 251.05
Oct 251.49
Oct 251.58
Oct 251.53
Oct 251.47
Oct 251.56
Sep 251.56
Sep 251.58
Sep 251.61
Sep 251.61
Aug 251.61
Aug 251.64
Aug 251.57
Aug 251.52
Aug 251.3
Jul 251.39
Jul 251.33
Jul 251.38
Jul 251.37
Jun 251.24
Jun 251.21
Jun 251.22
Jun 251.25
May 251.24
May 251.23
May 251.35
May 251.25
May 251.06
Apr 251
Apr 250.94
Apr 250.92
Apr 251.01
Mar 251.05
Mar 251.16
Mar 251.19
Mar 251.21
Feb 251.18
Feb 251.12
Feb 251.21
Feb 251.17
Jan 251.19
Jan 251.13
Jan 251.1
Jan 251
Jan 251.09
Dec 241.06
Dec 241.1
Dec 241.14
Dec 241.06
Nov 241.08
Nov 241.07
Nov 241.03
Nov 241.06
Nov 241.06
Oct 241.39
Oct 241.44
EV/EBITDA
2.557.51012.5med 7.31Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
JBI EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 262.7
Sep 263.07
Aug 262.92
Aug 263.08
Aug 263.08
Aug 263.65
Jul 263.33
Jul 263.45
Jul 263.53
Jul 263.39
Jul 263.49
Jun 263.59
Jun 263.51
Jun 263.49
Jun 263.3
May 263.49
May 263.38
May 263.08
May 265.99
May 265.95
Apr 266.16
Apr 266.23
Apr 266.12
Apr 265.78
Mar 265.84
Mar 266.02
Mar 265.96
Mar 266.05
Feb 268.68
Feb 268.9
Feb 268.8
Feb 268.96
Jan 268.59
Jan 268.74
Jan 268.87
Jan 268.78
Jan 268.4
Dec 258.51
Dec 258.52
Dec 258.54
Dec 257.92
Nov 258.01
Nov 257.75
Nov 257.75
Nov 258.47
Oct 2511.18
Oct 2511.69
Oct 2511.4
Oct 2511.03
Oct 2511.55
Sep 2511.56
Sep 2511.69
Sep 2511.85
Sep 2511.88
Aug 2511.86
Aug 2512.06
Aug 2511.62
Aug 2511.37
Aug 259.6
Jul 2510.09
Jul 259.73
Jul 2510.01
Jul 259.96
Jun 259.28
Jun 259.11
Jun 259.13
Jun 259.3
May 259.28
May 259.19
May 259.86
May 259.31
May 257.47
Apr 257.17
Apr 256.85
Apr 256.77
Apr 257.2
Mar 257.4
Mar 257.95
Mar 258.1
Mar 258.17
Feb 258.05
Feb 256.67
Feb 257.02
Feb 256.88
Jan 256.97
Jan 256.72
Jan 256.56
Jan 256.18
Jan 256.54
Dec 246.42
Dec 246.58
Dec 246.75
Dec 246.41
Nov 246.49
Nov 246.45
Nov 246.31
Nov 246.4
Nov 246.41
Oct 247.23
Oct 247.4
Price/Operating Cashflow
456789med 6.28Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
JBI Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 266.31
Sep 266.99
Aug 266.72
Aug 267.02
Aug 267.02
Aug 266.08
Jul 265.62
Jul 265.8
Jul 265.92
Jul 265.71
Jul 265.86
Jun 266
Jun 265.88
Jun 265.86
Jun 265.59
May 265.85
May 265.7
May 265.27
May 265.18
May 265.13
Apr 265.41
Apr 265.51
Apr 265.36
Apr 264.9
Mar 264.98
Mar 265.22
Mar 265.14
Mar 265.26
Feb 265.82
Feb 266.03
Feb 265.94
Feb 266.08
Jan 265.74
Jan 265.88
Jan 265.99
Jan 265.91
Jan 265.56
Dec 255.66
Dec 255.67
Dec 255.69
Dec 255.12
Nov 255.19
Nov 254.95
Nov 254.95
Nov 255.63
Oct 256.91
Oct 257.33
Oct 257.09
Oct 256.8
Oct 257.21
Sep 257.22
Sep 257.33
Sep 257.45
Sep 257.47
Aug 257.45
Aug 257.61
Aug 257.27
Aug 257.07
Aug 256.89
Jul 257.37
Jul 257.02
Jul 257.29
Jul 257.25
Jun 256.59
Jun 256.42
Jun 256.44
Jun 256.6
May 256.59
May 256.5
May 257.14
May 256.61
May 256.66
Apr 256.28
Apr 255.86
Apr 255.75
Apr 256.31
Mar 256.57
Mar 257.26
Mar 257.47
Mar 257.56
Feb 257.4
Feb 256.54
Feb 257.03
Feb 256.83
Jan 256.96
Jan 256.61
Jan 256.38
Jan 255.84
Jan 256.36
Dec 246.18
Dec 246.41
Dec 246.65
Dec 246.17
Nov 246.28
Nov 246.22
Nov 246.02
Nov 246.15
Nov 246.17
Oct 248.2
Oct 248.47
Price to Book
11.522.53med 1.92Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
JBI Price to Book by quarter
PeriodPrice to Book
Sep 261.09
Sep 261.21
Aug 261.17
Aug 261.22
Aug 261.22
Aug 261.37
Jul 261.27
Jul 261.31
Jul 261.33
Jul 261.29
Jul 261.32
Jun 261.35
Jun 261.33
Jun 261.32
Jun 261.26
May 261.32
May 261.28
May 261.19
May 261.26
May 261.25
Apr 261.32
Apr 261.34
Apr 261.31
Apr 261.19
Mar 261.21
Mar 261.27
Mar 261.25
Mar 261.28
Feb 261.72
Feb 261.79
Feb 261.76
Feb 261.8
Jan 261.7
Jan 261.74
Jan 261.78
Jan 261.75
Jan 261.65
Dec 251.68
Dec 251.68
Dec 251.69
Dec 251.52
Nov 251.54
Nov 251.47
Nov 251.47
Nov 251.67
Oct 252.47
Oct 252.61
Oct 252.53
Oct 252.43
Oct 252.57
Sep 252.58
Sep 252.61
Sep 252.66
Sep 252.67
Aug 252.66
Aug 252.72
Aug 252.59
Aug 252.52
Aug 252.27
Jul 252.43
Jul 252.32
Jul 252.4
Jul 252.39
Jun 252.17
Jun 252.12
Jun 252.12
Jun 252.18
May 252.17
May 252.14
May 252.36
May 252.18
May 251.98
Apr 251.86
Apr 251.74
Apr 251.71
Apr 251.87
Mar 251.95
Mar 252.16
Mar 252.22
Mar 252.24
Feb 252.2
Feb 252.13
Feb 252.28
Feb 252.22
Jan 252.26
Jan 252.15
Jan 252.07
Jan 251.9
Jan 252.07
Dec 242.01
Dec 242.08
Dec 242.16
Dec 242.01
Nov 242.04
Nov 242.02
Nov 241.96
Nov 242
Nov 242.01
Oct 242.62
Oct 242.71
Janus International Group, Inc.
JBI
Stockpicker

Video analysis: JBI

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: JBI

Janus International Group to Participate in the 2026 Jefferies Global Industrials Conference

businesswire.com · 2 Sep 2026

Janus International Group to Participate in the 2026 Jefferies Global Industrials Conference

TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading global manufacturer and provider of turnkey self-storage, commercial, industrial building solutions, and smart access and security technologies, today announced its participation in the 2026 Jefferies Global Industrials Conference to be held in New York City on September 9, 2026. Anselm Wong, Executive Vice President and Chief Financial Officer, will present at 9:30am ET. All interest.

Janus International Group: Short-Term Pain For Long-Term Gain

seekingalpha.com · 11 Aug 2026

Janus International Group: Short-Term Pain For Long-Term Gain

Janus International Group remains a ‘strong buy' despite Q2 revenue and guidance disappointments, as shares trade at a compelling valuation. JBI's Q2 saw revenue up 2.4% to $233.5M, but profitability fell; macro headwinds and housing market weakness drove a downward revision in 2026 outlook. Even with organic revenue now expected to decline ~3.9% and EBITDA guidance cut to $150–$170M, JBI remains cheaper than peers on key valuation metrics.

Janus International Group Q2 Earnings Call Highlights

marketbeat.com · 11 Aug 2026

Janus International Group Q2 Earnings Call Highlights

Janus International Group NYSE: JBI reported second-quarter revenue growth but lower profitability as soft demand in North American self-storage construction and commercial sheet doors continued to pressure results. The company also reduced its full-year outlook, citing muted demand, project delays and persistent macroeconomic headwinds.

Janus International Group, Inc. (JBI) Q2 2026 Earnings Call Transcript

seekingalpha.com · 11 Aug 2026

Janus International Group, Inc. (JBI) Q2 2026 Earnings Call Transcript

Janus International Group, Inc. (JBI) Q2 2026 Earnings Call Transcript

Janus International Group, Inc. (JBI) Surpasses Q2 Earnings Estimates

zacks.com · 11 Aug 2026

Janus International Group, Inc. (JBI) Surpasses Q2 Earnings Estimates

Janus International Group, Inc. (JBI) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.2 per share a year ago.

Janus International Group Reports Second Quarter 2026 Financial Results

businesswire.com · 11 Aug 2026

Janus International Group Reports Second Quarter 2026 Financial Results

TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading global manufacturer and provider of turnkey self-storage, commercial, and industrial building solutions, today announced financial results for its fiscal second quarter ended July 4, 2026. Second Quarter 2026 Highlights Revenues of $233.5 million, up 2.4% year-over-year. Net income of $10.7 million, or $0.08 per diluted share. Adjusted Net Income* (defined as net income plus the corre.

Janus International Group to Report Second Quarter 2026 Results on August 11, 2026

businesswire.com · 21 Jul 2026

Janus International Group to Report Second Quarter 2026 Results on August 11, 2026

TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading global manufacturer and provider of turnkey self-storage, commercial, and industrial building solutions, announced today that the Company will release its second quarter 2026 financial results before the market opens on Tuesday, August 11, 2026. A webcast and conference call will be held the same day at 10:00 a.m. ET to review the Company's second quarter financial results and conduct.

The Bottom Fishing Club - Janus International: Stable Business Investors Should Not Ignore

seekingalpha.com · 18 Jun 2026

The Bottom Fishing Club - Janus International: Stable Business Investors Should Not Ignore

Janus International Group trades for a deep discount, at 7.3x EV/Forward EBITDA and a sector-leading FCF yield over 14%. JBI's stock quote has dropped 75% from its peak, despite an improved balance sheet vs. its IPO 6+ years ago. Projected earnings and cash flow growth into 2027, plus potential debt reduction, could drive a valuation re-rating and price rebound to $10–$15 if macro conditions do not deteriorate.

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.