What are the favorable attributes of firms as suggested by Peter Lynch?

Provide some of the attributes of a firm that are provided by the theory of Peter Lynch?

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"As part of company selection for investment, the following favourable attributes are suggested by Peter Lynch. 1. Firm’s product should not be faddish. 2. Firm should have some long-run comparative advantage over its rivals. 3. Firm’s industry or product has market stability. 4. Firm can benefit from cost reductions. 5. Firms that buy back shares show there are putting money into the firm. Source:"

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