Most investors never bother to read a corporate prospectus. That’s one of the reasons why I suggest they don’t buy individual stocks, but that they instead use low-cost mutual funds that invest in securities indexes.
In the event that they do read a prospectus--few are able to understand what’s inside.
In that case, they ought to try to review the first part of the 10-K. The latter provides a review of what the company does or makes,and where. It also goes info a discussion of its customers and competitors.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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