This really is focused on individuals who want to spend money on individual stocks. I would like to share along the techniques Personally i have tried over time to choose stocks which i have realized to get consistently profitable in actual trading. I want to use a mix of fundamental and technical analysis for choosing stocks. My experience has demonstrated that successful stock selection involves two steps:
1. Select a regular using the fundamental analysis presented then
2. Confirm that this stock is an uptrend as indicated by the 50-Day Exponential Moving Average Line (EMA) being over the 100-Day EMA
This two-step process enhances the odds that this stock you select is going to be profitable. It now offers a sign to offer Automatic Income Method which has not performed not surprisingly if it’s 50-Day EMA drops below its 100-Day EMA. It is also a useful way for selecting stocks for covered call writing, a different type of strategy.
Fundamental Analysis
Fundamental analysis may be the study of monetary data like earnings, dividends and funds flow, which influence the pricing of securities. I use fundamental analysis to aid select securities for future price appreciation. Over time Personally i have tried many means of measuring a company’s rate of growth so that they can predict its stock’s future price performance. I purchased methods like earnings growth and return on equity. I have realized the methods aren’t always reliable or predictive.
Earning Growth
As an example, corporate net earnings are subject to vague bookkeeping practices like depreciation, cashflow, inventory adjustment and reserves. These are all subject to interpretation by accountants. Today more than ever before, corporations they are under increasing pressure to get over analyst’s earnings estimates which results in more aggressive accounting interpretations. Some corporations take special “one time” write-offs on their balance sheet for things such as failed mergers or acquisitions, restructuring, unprofitable divisions, failed developing the site, etc. Many times these write-offs aren’t reflected as a drag on earnings growth but show up as a footnote with a financial report. These “one time” write-offs occur with additional frequency than you might expect. Many companies which make up the Dow Jones Industrial Average took such write-offs.
Return on Equity
One other popular indicator, which i’ve found isn’t necessarily predictive of stock price appreciation, is return on equity (ROE). Conventional wisdom correlates a top return on equity with successful corporate management that is maximizing shareholder value (the better the ROE better).
Which company is a lot more successful?
Coca-Cola (KO) using a Return on Equity of 46% or
Merrill Lynch (MER) using a Return on Equity of 18%
The answer then is Merrill Lynch by any measure. But Coca-Cola carries a better ROE. How is this possible?
Return on equity is calculated by dividing a company’s net income by stockholder’s equity. Coca-Cola is so over valued the reason is stockholder’s equity is merely corresponding to about 5% in the total market value in the company. The stockholder equity is so small that nearly anywhere of net income will produce a favorable ROE.
Merrill Lynch alternatively, has stockholder’s equity corresponding to 42% in the market value in the company and requires a much higher net income figure to produce a comparable ROE. My point is ROE doesn’t compare apples to apples so therefore is not a good relative indicator in comparing company performance.
To read more about Automatic Income Method visit this useful web site: read