On average how much time should be spent researching an individual stock?

In your case?
I pay $400 per hour
If he finds a problem I get off less than 1k
If it's fundamentally sound it costs a lot
And the analysis doesn't stop just because you bought it

I don't advise any individual to trade individual stocks unless he can devote about 16 hours day to it

but then again, I don't advise anybody to trade anything they can't devote their life to
 
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Depends on how much you're going to invest. Big positions should probably get more research. Small positions might get a little or even none.
 
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