Answer :
Fundamental analysts start with a study of past earnings and an examination of macroeconomic fundamentals to evaluate a company's financial health and its potential in the context of the broader economy. Option d is correct.
Fundamental analysts typically begin their assessment by examining past earnings and analyzing macroeconomic fundamentals. This approach allows them to understand a company's financial performance over time and to evaluate the business relative to the broader economic environment in which it operates.
Studies of past earnings help ascertain a company's profitability and efficiency, while macroeconomic fundamentals provide insight into the economic conditions that may influence the company's future performance. An analysis of macroeconomic fundamentals includes factors such as interest rates, inflation, GDP growth, unemployment rates, and overall economic policies, all of which can significantly impact stock prices and corporate success. Option d is correct.