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Look for companies with a sustainable business model from "summary" of Common Stocks and Uncommon Profits by Philip A. Fisher

When seeking out companies to invest in, it is essential to consider the long-term viability of their business model. A sustainable business model is one that can withstand the test of time, adapting to changes in the market and consistently delivering strong financial performance. A company with a sustainable business model is one that has a clear competitive advantage, whether it be through proprietary technology, a strong brand, or a unique distribution network. This advantage allows the company to maintain its market position and fend off competition, ensuring continued profitability over the years. Additionally, a sustainable business model is one that can gene...
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    Common Stocks and Uncommon Profits

    Philip A. Fisher

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