Money and Finance
When I describe my stock picking strategy, many people think it's weird.
I wrote about my Stock picking strategy before, you can read it here.
Here is my updated list:
1. The stock should pay dividends. I added it as a rule. I still have stocks from my "before dividends stocks picks", which I am waiting to sell.
2. I have my list of stocks I like, which I update monthly here
In order to put stocks on my list I look through
- all financial data - Ratios, Income Statement, Balance Sheet. I make sure all their numbers are positive and debts make sense.
- 10K, 10Q (not always) - usually if this is unfamiliar stock and I need more info
- company website, especially if I am unfamiliar with industry or stock. The stock should make sense to me - well known brand, love by many, one of necessities, have future, etc.
- Insider transactions ( I do not like when insiders are selling)
- Historical prices and years of dividends
- Current articles and reviews (just to see what's going on)
I watch my list on yahoo finance. I created my customized view, which helps me track my stocks.
It includes
Stock name / stock price / change&%change / 52-wk high/ 52-wk low / Yield / EPS/ PE/ Div Pay date/ Ex Div Date/ 1-yr Trgt price
I like how I can sort by different criteria and I can easily see how each stock is doing.
3. I move stocks to my "Maybe to buy list" if
- stock is already on my watch list (it means I already research stock)
- it is trading close to 52 week low
- 1 Year Target Price is higher then stock trading price
4. I sell stock if it earned >35%, not including dividends, stock is trading at the same price with some ups and downs for 2-3 months and if the current price of stock exceeds 1 year Target price.
I mostly use my IRA accounts for these kinds of transactions.
Some of you asked me why I sell my winners. I have limited capital and by rotating stocks - repeatedly selling winners/buying losers I can increase my capital faster.
5. New stocks.
- I review % Losers and Most Active on Yahoo Finance daily. I check if any stocks can be added to my list.
- I analyze other bloggers stocks picks
- I read Financial part of local newspaper.
What about you? How do you pick your stocks?
- My Weekly Stock List (10/25)
I didn't post my Weekly Stock list previous week because I was confused about what was going on with stock market and plus my list was almost the same. This week I finally bought more shares of Ford (F). I had a small amount of shares and now...
- My Weekly Stocks List (10/12)
This week I finally bought shares of BBL. Because there are too many stocks trading at their lowest now, I decided to only post the stocks I am watching to probably add to my portfolio. Stock Name, descriptionprice as 10/11Yield52 wks low52 wks high1...
- My Weekly Stock List (8/29)
This week I got bored with my regular list of stocks because there was not much changes and I decided to research and add more stocks to my list. I updated My Dividend Stock List with all new stocks I added to my watch list. It doesn't...
- My Weekly Stock Watch List (6/21)
I did not buy or sell any stocks this week but I discovered a new stock I would like to add to my portfolio - CAG - ConAgra Food. I wrote about this stock here. Here is my watch list for upcoming week*. Stock Name, descriptionprice as 6/21Dividend...
- My Weekly Stock Watch List (6/15)
This week I finally was able to buy some stocks. I bought more of [email protected] and also [email protected]. I wrote about ARCP here. I am kind of concerned that they are selling 76 shopping centers. Read article here. On the other side I believe that they might...
Money and Finance
My Stock Picking Strategy
When I describe my stock picking strategy, many people think it's weird.
I wrote about my Stock picking strategy before, you can read it here.
Here is my updated list:
1. The stock should pay dividends. I added it as a rule. I still have stocks from my "before dividends stocks picks", which I am waiting to sell.
2. I have my list of stocks I like, which I update monthly here
In order to put stocks on my list I look through
- all financial data - Ratios, Income Statement, Balance Sheet. I make sure all their numbers are positive and debts make sense.
- 10K, 10Q (not always) - usually if this is unfamiliar stock and I need more info
- company website, especially if I am unfamiliar with industry or stock. The stock should make sense to me - well known brand, love by many, one of necessities, have future, etc.
- Insider transactions ( I do not like when insiders are selling)
- Historical prices and years of dividends
- Current articles and reviews (just to see what's going on)
I watch my list on yahoo finance. I created my customized view, which helps me track my stocks.
It includes
Stock name / stock price / change&%change / 52-wk high/ 52-wk low / Yield / EPS/ PE/ Div Pay date/ Ex Div Date/ 1-yr Trgt price
I like how I can sort by different criteria and I can easily see how each stock is doing.
3. I move stocks to my "Maybe to buy list" if
- stock is already on my watch list (it means I already research stock)
- it is trading close to 52 week low
- 1 Year Target Price is higher then stock trading price
4. I sell stock if it earned >35%, not including dividends, stock is trading at the same price with some ups and downs for 2-3 months and if the current price of stock exceeds 1 year Target price.
I mostly use my IRA accounts for these kinds of transactions.
Some of you asked me why I sell my winners. I have limited capital and by rotating stocks - repeatedly selling winners/buying losers I can increase my capital faster.
5. New stocks.
- I review % Losers and Most Active on Yahoo Finance daily. I check if any stocks can be added to my list.
- I analyze other bloggers stocks picks
- I read Financial part of local newspaper.
What about you? How do you pick your stocks?
- My Weekly Stock List (10/25)
I didn't post my Weekly Stock list previous week because I was confused about what was going on with stock market and plus my list was almost the same. This week I finally bought more shares of Ford (F). I had a small amount of shares and now...
- My Weekly Stocks List (10/12)
This week I finally bought shares of BBL. Because there are too many stocks trading at their lowest now, I decided to only post the stocks I am watching to probably add to my portfolio. Stock Name, descriptionprice as 10/11Yield52 wks low52 wks high1...
- My Weekly Stock List (8/29)
This week I got bored with my regular list of stocks because there was not much changes and I decided to research and add more stocks to my list. I updated My Dividend Stock List with all new stocks I added to my watch list. It doesn't...
- My Weekly Stock Watch List (6/21)
I did not buy or sell any stocks this week but I discovered a new stock I would like to add to my portfolio - CAG - ConAgra Food. I wrote about this stock here. Here is my watch list for upcoming week*. Stock Name, descriptionprice as 6/21Dividend...
- My Weekly Stock Watch List (6/15)
This week I finally was able to buy some stocks. I bought more of [email protected] and also [email protected]. I wrote about ARCP here. I am kind of concerned that they are selling 76 shopping centers. Read article here. On the other side I believe that they might...