Everyone wants to know how to find a great stock to purchase. Where do you go to find such information? Who can you ask? Whom do you trust? While there are no guarantees when it comes to picking companies or predicting prices, there is a tool that is popular and helpful. It's called a screener and it can help you search through thousands of companies with the parameters you are looking for.
Screener Options Screeners can give you an infinitely-long list of parameters to set for the search. The most common parameters include Share Price, Trading Volume, P/E Ratio, Industry, Dividends, Market Capitalization, and others.
Example #1: Microsoft-type Companies Let's say you want to find a company similar to Microsoft. You could setup your screener with ranges close to MSFT: - Share Price: $20 to $30 - Volume: 50 to 75 million shares per day - Industry: Application Software - Exchange: NASDAQ
Example #2: Low P/E Oil Companies Let's say you want to find an oil company with a low Price to Earnings (P/E) ratio, poised for growth. You could setup your screener with these options: - P/E Ratio: 10 to 15 - Volume: 1 million shares per day or higher - Industry: Oil & Gas Drilling & Exploration
Example #3: Large-Cap Dividend Companies Let's say you want to find a large company that pays a solid dividend. You could setup your screener with these options: - Market Cap: 10 billion or higher - Dividend: 8% per year or higher
Narrow the Results After running your screener you may end up with hundreds or thousands of results. You can narrow the results down by adding more parameters or making the ranges smaller. Once your list is small enough you can start doing research on the individual companies and learning more about them. Look at their short-term and long-term charts to make sure they are going the direction you want them to. Also see what the professional analysts are saying about these companies.
Where to Find a Screener There are many screeners on the internet and most of them are free. Nearly every online brokerage has one, although you may have to have an account with them to use it. You can find a simple stock screener at HowTheMarketWorks or a more extensive one at Yahoo! Finance.
Other Screeners There are several different types of screeners out there, including ETF's, Mutual Funds, and Bonds.
From that definition alone, it is made clear that when we talk about stock message boards, with the word "stock" on it, we are somehow referring to those internet forums that are managed, moderated, and participated by those who are working in the financial industry. The stock message boards then are the exact place where investors, company owners, shareholders or businessmen meet and chat regarding the stock market. For some reasons, the stock message boards are a great place to learn. It is here where those newbies in the world of active trading learn everything about it.
There's a lot of interesting things to know about the stock market. If you've got that interest for knowing those things, the stock message boards can serve as your primary outlet. There are a lot of stock message boards available on the web these days. These boards are of course managed by those who are experts in the trading industry. They are also designed to connect those who seek money with those who can provide it, and there are some instances that people who participated in these forums came to create an auction mechanism in which prices can be decided for investments. The stock message boards even serve as the place where financial institutions connect together to create money.
Here are few of the most visited stock message boards online:
Hot Stock Market Message Boards
Hot Stock Market or HSM message boards have long been considered as the largest forum for penny stocks and stock picks on the web. These forums focus on hot penny stocks, trading or stock tips, research and education, FOREX, live chat and free investor tools. Also, these stock message boards were designed and developed as a great place for new investors to ask questions and learn about the markets and penny stocks. However, it is important to note that before asking one of the resident trading or penny stock experts of HSM a question, be sure to search the board and see if your common question may have already been answered.
AllStocks.com Message Boards
AllStocks.com has built its own message boards for investors to meet and talk everything about the stock market and trading industry. Covered in these stock forums are topics such as hot stocks, micro penny stocks, day trading, momentum, stock picks, and there are also some off topic post or non-stock talk. You can also post questions and receive answers right at their question, comments and suggestions sections.
Elite Trader Message Boards
The Elite Trader message boards, although anyone can view messages, require membership. The members of these forums are only the ones who are allowed to post messages on the boards. So, if you are interested to join the forums, you still need to take time to register so you can start posting and replying to the messages that are already posted. This also allows you a full access to the other features of the Eliter Trader's stock message boards.
Both Nicholas Swezey & Larry Evans are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Nicholas Swezey has sinced written about articles on various topics from Stock, Investing and Trading and Legal Matters. Nicholas Swezey is the creator of the at HowTheMarketWorks.com.. Nicholas Swezey's top article generates over 3600 views. to your Favourites.
Larry Evans has sinced written about articles on various topics from Travel and Leisure, Computers and The Internet and Internet Marketing. Discover 23 Common, Ironic, Dogmas That More Than 90% Of The People Who Go Online In Pursuit Of Riches Subscribe To - That Is Responsible F. Larry Evans's top article generates over 49500 views. to your Favourites.