Three From the Hot List

Readers know I choose stocks by relying on the strategies of investment greats, whom I call gurus -- Benjamin Graham, Peter Lynch, Martin Zweig and others who have written about how they invest. Years ago, I took their advice and automated their strategies so I could screen any stock on Nasdaq or the New York Stock Exchange via any of my dozen guru strategies and see if the stock received a high grade.

In addition to looking at the performance of individual strategies, I also created for my Validea.com website the Validea Hot List. This is calculated by looking at all the strategies at once and finding those stocks that get approval from more than one guru strategy, among other criteria. By doing this, the Hot List provides an additional level of diversification for a given number of stocks because each strategy looks at a unique set of criteria. Stocks that earn multi-guru strategy approval are therefore very strong across a wide range of fundaments, and history shows these are the types of stocks most likely to do well....350 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

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.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.