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Hi biz
I've been researching stocks and investing for some time now, listening to audiobooks like the new market wizards and the intelligent investor and reading incestopedia. I am also a trainee accountant and I feel my accounting studies have helped as well especially the financial management unit.
I feel like I could now perform a decent fundamental analysis of a company, however this would obviously take time, researching working out different ratios, discounted cash flows etc. The problem I have is finding the initial companies I should perform analysis on.
I am just using a practice account at the minute but need a way of filtering general stocks to make a shortlist of those I can do more in depth analysis of before potentially investing. What sort of factors would you filter by to narrow down the search?
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>>1688315
I think I should also mention that a lot of the books have gone over my head a bit but I research terms I don't understand and I am reading beginner books as well and feel as if I'm gradually learning
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>>1688315
Well, I'm a newbie as well but I'll share my method. Note that I'm not American and not investing in American markets tho.
I don't know much about most of the companies on my local exchange either.
I start filtering with
>P/E
>D/Y %
this data is available on the newspaper, not 100% accurate, but good enough I guess. Since this is my only source that lists all P/E of all companies at one glance; internet, etc has better data but each company has its own page, ie cumbersome.
Then I filter with
>Revenue trend
>Profit trend
>Profit margin history
>Dividend history
This data is available on free websites, and I look up on the companies one by one. At this time I also start to read about the company: what's its business, network, product, etc.
Then I further look into
>Annual reports, quarter reports, from the exhange site
>For the different ratios, I'll use my brokerage's database
Hope that helps OP
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>>1688315
>incestopedia
Don't think that's gonna help you analyse companies anon
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Go to finviz and filter by moving averages, market cap, insider trading just about any other indicators that float your boat.
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Also get Bill Gunserson's Best Stocks Now app and newsletter. It's free but a little crippled unless you want to pay $10 a month. Good app for showing stocks that are trending and the newsletter gives you a weekly overview of the markets.
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>>1688461
>>1688632
>>1688636
Thanks guys, I realise I was probably being a bit lazy posting this as I could have looked into more but I have been experimenting with finviz a bit now and trying to sort by financials and also only the high cap stocks as unfortunately these seem to be the only ones available in my practice account these are not included in my practice account.
I'm not in USA btw I'm in the U.K.
Good luck to everyone with their trading I'll keep practising and learning
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soon everything will soar.
don't worry
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