#My stock market checklist free

Some investors are religious about chart watching. If the stock's P/E is 20% higher or lower than the industry average, you might want to take this one off your list.ĭoes the chart point to a rising stock price?

Note the industry average then scroll down to the company you entered. An industry and sector summary will appear along with information on the stocks in the same industry. Go to and enter the stock symbol then click on the button. The important thing is to compare the P/E for a company to others in the same industry. A low number does not necessarily mean the stock is undervalued. A high number here means the stock price may be high for the amount of earnings the company is actually throwing off. The P/E (Price Earning Ratio) compares the stocks price to its earnings. Is the P/E much higher or lower than other companies in the same sector? How much money does the company owe others? (the Total Liabilities line is bold) How do their assets look? (the Total Assets line is in bold) High debt can strap a company for decades. Profits less than this may signal problems with the company's fundamental business model.Ĭlick the Balance Sheet tab to view the balance sheet. A nice level of profit for a company is at least 0.10 times the revenues. From here you can use the links on the bottom left of the page for the company's income statement and balance sheet.īe relentless on this one. To do a quick check on the current revenue, profit, and balance sheet of a stock you are considering, go to and enter the stock symbol and submit.

Revenues, profits, and a strong balance sheet are the foundation of any company in which you would consider investing. This may sound pretty basic, but just because a company has a great product and strong advertising doesn't mean they are making money. This is to save you a few clicks and get to the link faster so you can view the information for your own stock. NOTE: For some of the links below, I have fed in AOL. These six checklist items may not represent complete exhaustive research on a stock but at least it will help you eliminate those that you should probably not spend any more time considering.

#My stock market checklist free

The Winners checklist will also provide convenient web links to free investment resources than can help find needed information on the stocks you are considering. There are over 15,000 stocks available on the various US Stock exchanges, so if you find one that does not meet all the requirements below, you should remove it from your potential buy list and move on to another stock until you find one that fits the six criteria below. There are a variety of risks involved when you buy stocks, but if you use the six-point Winners checklist below on stock options trading strategy, you will be well ahead in the game of picking winning stocks. No one has a foolproof method for identifying stocks that will always jump up in price. Then look for some new winners to add to your portfolio. The trick is to find stocks you can add to your portfolio, let them run up in price for a few quarters or years and sell them to collect your profit. There are few stocks that you can just buy and forget about. A strong stock today may be a loser tomorrow. What's the difference between winner stocks and the not-so-good stocks that might have passed through your portfolio?įirst of all, things change. If you don't have a few of these in your portfolio, then read on. Even as the market has slid in recent years, many stocks gained 5% or more a month in value and every day stocks hit 52-Week highs. If you think the market looks like it may have bottomed out for a while, it may be a good time to consider adding some stocks to your portfolio. The Essential Six-Point Checklist For Picking Winning Stocks