Any Stock Ideas?
Apart from news articles and hearing from friends or stock brokers, there are many other ways to get good stock ideas for your analysis. One way is to use an online stock screener while another way is to simply follow the guru or experts!
Also, certain individuals e.g. CEOs, company directors etc known as 'insider' are required to declare publicly whenever they buy or sell company shares. This might be another source of stock idea.
1) Finviz Screener
Link: https://finviz.com/screener.ashx or click here
One of the best way to get ideas is from a stock screener! You can set filter criteria for stocks based on 'Fundamental' Analysis or 'Technical' Analysis. For example if you are looking at cheap and fundamentally strong company stocks, you can use the following filter criteria as per screenshot below. i.e. P/E ratio < 15, Return on Equity >15%, EPS growth past 5 years >0% etc.
2) GuruFocus
Link: https://www.gurufocus.com/guru/warren%2Bbuffett/stock-picks?view=table or click here
Another way to get ideas is from guru e.g. Warren Buffett himself. There are also many other value investor gurus such as "Seth Klarman" or "Howard Marks". Look out for their recent stock purchases i.e. 'Add' or 'New Buy' and see if any of these current stock prices are below the gurus's average buying price. This means opportunity for you to buy at a cheaper price than your guru!
3) Insider Trading
Link: https://www.gurufocus.com/stock/AAPL/insider or click here
One of the greatest investors of all time, Peter Lynch said "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise." The Company's officers, directors, certain employees or stockholders (and their family members) are considered “Insiders.
The screenshot below shows the 'Summary' tab of Apple Inc where there is 'Valuation chart' on the right. This chart shows you different calculations of the 'buy price' for Apple Inc share price using different valuation methods e.g. Earnings Power Value, Discounted Cash Flow (DCF) etc against the current share price. You also can navigate to 'Insider' tab to see if there are any insiders from Apple Inc buying or selling Apple shares.
4) Danelfin AI
Link: https://danelfin.com/us-stocks or click here
Fancy using Artificial Intelligence (AI) to give you some stock idea or analysis?
No time to do your own fundamental and technical analysis?
Try this free tool from Danelfin AI!
The screenshot below shows the top U.S. listed stocks ranked by Danelfin AI which has a high probability to beat the market in next three months as at 30 Sep 2023.
