How To Find Speculative High Growth Stocks
Finding High Growth Stocks
Well we learned how to find those hot stock picks already, but how do we find those speculative high growth stocks or what might be called “Diamonds in the Ruff” just waiting to be discovered and traded? I will once again reference a great tool yahoo finance offers, that allows us to screen for those types of stocks and hopefully profit from them. We are talking about stocks that have a high 5yr growth percentage of 50% – over 500% in speculative growth, no we are not talking about those lame sub-penny stocks that are almost impossible to forecast. We are talking about actual companies that have a lot of potential and are on the move. One warning though, some of theses companies may pay for promotion and might be involved in manipulation in the goal to help promote and raise money ( I will do a how-to later on how to find out if those companies are being promoted or not), but with good research you can determine what is good or not.
Enough Show Me How!
1.) Go to the Yahoo Finance page.
2.) Hover your mouse pointer over the investing tab, pictured below.
3.) The select the “Stocks” category and click it.
4.) On the left hand side you will notice a text box that says “Inside Yahoo” Click the “Stock Screener” link.
5.) In the section called “Launch screener” select the “Launch HTML” link I highlighted it in the picture. The application version is a little complex and I like to keep things simple and stick the the HTML version.
6.) You are now brought to the screener section. You could just bookmark this link as it takes you right there, but it is nice to see how you actually can get there from the home page.
- Above you see where I highlighted the important factors when doing a basic screen, you can however use other parameters to fine tune a search but for this tutorial I will show you what I use.
- For a simple search in the “share price” section I selected the 1$ as a minimum and left max as any, just to get a nice long list.
- Under the “Analyst Estimates” section, look for the 5yr EPS Growth which I also highlighted.
- Click the drop down menu and select “Up more than 50%”
- Click the button that says “Find Stocks”
You are then brought to a page that looks like this -
- As you can see you are given a great big list of a lot of speculative stocks
- Notice under the 5yr Growth column the high percentages *Note, to arrange by highest to lowest just click the 5 yr Growth link at the top of the column and it will arrange them however you would like.
Here is a list of stocks where you can start your research and analyze them to determine if they can become potential plays in the market. I have found a lot of good stocks this way that have made me a nice chunk of money.
Please feel free to comment on using this method, maybe you can teach me something I don’t know. :)