Kicking Rocks to Find Perfection
I spend a lot of time thinking about ways to uncover stocks that have the potential for returns measured in multiples not percentages over time.
Although my basic approach to finding these stocks is based on buying assets on the cheap, I like to wander around and kick tires and turn over rocks in the market to see if I am missing anything. I broke out my screener this morning and went so if I could find any "perfect stocks" based on earnings, sales and dividends. I looked for companies that were profitable and had shown earnings growth over the past year and past five years and the latest quarterly earnings comparison was also higher. Sales had to be higher year-over-year and past five years as well. The company had to pay a dividend, have insider ownership of at least 10% of the company and have a manageable amount of debt on the books....496 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.