There are three simple ways to identify companies that suit ...

Co-Wise: How do you pick a stock?

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Matthew Bryson joined discussion · Sep 17, 2021 15:39

There are three simple ways to identify companies that suit your need. Make sure that you use platforms on moomoo.

1. Find the exchange-traded funds (ETFs) which track the performance of the industry that interests you and check out the stocks they're investing in. This is as easy as searching for "Industry X ETF." The official ETF page will disclose the fund's top holdings.

2. Use a screener to filter stocks based on specific criteria, such as sector and industry. Screeners offer users additional features such as the ability to sort companies based on market cap, dividend yield, and other useful investment metrics.

3. Search the blogosphere, stock analysis articles, and financial news releases for news and commentary on companies in the investment space you've targeted. Remember, be critical of everything you read and analyze both sides of the argument.

These three methods are by no means the only ways to pick a company, but they do offer an easy starting point. There are also clear advantages and disadvantages associated with each strategy that investors should consider.

Seeking out expert opinions via news sources is time-consuming but it can yield results. It will deepen your understanding of the industry fundamentals. It also may alert you to interesting smaller companies that don't turn up on screeners or within ETF holdings.

$Dow Jones Industrial Average (.DJI.US)$

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Matthew Bryson

not an expert but love stocks

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