Finding #1 Stocks: Screening, Backtesting and Time-Proven Strategies
Learning new and better ways to pick more profitable stocks is one of the quickest ways to improve your trading, no matter what level of success you've already achieved. Nobody understands this better than author Kevin Matras, a vice president at Zacks Investment Research, who is the fundamental stock screening and technical chart patterns expert there.For the past two decades, Zacks has been helping traders and investors beat the market with independent analysis and innovative products such as the Research Wizard, their stock-picking and backtesting program, and the Zacks Rank, a stock rating system whose Strong Buy recommendations have generated an average annual return of over 27% since 1988.Now, inFinding #1 Stocks, Matras shows you how to implement the proven trading techniques used by Zacks—as well as some of his personal favorites—in your own trading. Focusing on earnings estimates and stock analysis, this reliable resource skillfully details how to create your own stock-picking screens and trading strategies and how to test them to ensure they work. Throughout the book, you'll be introduced to practical and actionable strategies that can help you identify stocks with the highest probability of success, to maximize your returns and minimize your overall risk.Along the way, you'll gain important insights on what you really need to succeed, including:Identifying what kind of trader you are or want to beUnderstanding the basic trading styles—momentum, aggressive growth, value, and growth and income—and figuring out which is the best fit for youCreating customized strategies that combine elements of the Zacks approach with other types of fundamental and technical dataManaging your risk and paying attention to your portfolioAnd much moreWritten with savvy traders and investors in mind,Finding #1 Stockswill put you in a better position to excel in today's dynamic markets.