I'm new to the stock investing game and would like to know what are some key factors to consider when doing my homework. How can I pick stocks that will do well?

I think you should look into stocks and companies that occupy a large market share already, which is a fail-proof strategy for people who do not know much about the specific industry or about finance!

Next, understand its business model. You should be able to identify how the business earns money. For example, Coca Cola earns its money by selling the drink to its consumers. If it is something you cannot understand, then do not put your money into it.

Third, look at its potential for the long run. Does it provide value for people? Is it sustainable? Some of such stocks will lie in the innovation sector, especially those that have the potential for tech disruption.

Contrary to popular belief stock picking is not possible, even often cited Warren Buffet failed the last 5y & 10y against the SP500