PART.I THE INVESTING ENVIRONMENT
Ch.1 Why Analyze a Security?
Ch.2 Who is Practicing Security Analysis?
Ch.3 Seeking a Level Playing Field
Ch.4 Other Sources of Information

PART.II PERFORMING THE ANALYSIS AND WRITING THE RESEARCH REPORT
Ch.5 Starting the Analysis
Ch.6 Industry Analysis
Ch.7 Company-Specific Analysis
Ch.8 Financial Statement Analysis of an Established Business
Ch.9 The Limitations of Accounting Data
Ch.10 Financial Analysis and Stock Characterization
Ch.11 Financial Projection Pointers

PART.III VALUATION AND THE INVESTMENT DECISION
Ch.12 Modern Approaches to Valuation
Ch.13 The Relative Value Approach
Ch.14 Valuing Marginal Performers
Ch.15 The Mergers and Acquisitions Market, Leveraged Buyouts, and Takeovers
Ch.16 Breakup Analysis
Ch.17 Recommended Investment Decision

PART.IV SPECIAL CASES
Ch.18 Cash Flow Stocks
Ch.19 Natural Resource Stocks
Ch.20 Financial Industry Stocks
Ch.21 Insurance Companies
Ch.22 Highly Speculative Stocks
Ch.23 Distressed Securities and Turnarounds
Ch.24 International Stocks
Ch.25 Emerging Markets: The Final Frontier

PART.V SUMMARY
Ch.26 Closing Thoughts on Security Analysis