Good Stocks to Buy

Find Good Stocks to Buy and Beat Wall Street

Investors looking for good stocks to buy have had a couple of tough years. Unfortunately this year isn’t shaping up very well, either.

But even this shaky market doesn’t mean investors can’t find gains. Nor does it have to be difficult for investors to find good stocks to buy. Even though finding new stock picks that have a real shot at becoming winners can be a tough process, with a little help even ordinary investors have a shot at beating the professionals.

Over here at PennyPic, our analysis team uses a few methods that work in any market. We believe that the first step is to be proactive. We use a stock screen to give us the important numbers necessary to locate these potential winners.

A good stock screen begins with the basics: a strong balance sheet, a good supply of reserve cash, and an income statement that shows signs of growth.

However, the financial numbers are only half the battle. The qualitative side is just as essential if you’re looking for good stocks to buy. For example, a company that is coming out with a new proprietary technology or product in a hot sector would definitely be considered good stocks to buy.

We also look at is the company’s history. These days, many otherwise strong companies have fallen on temporary hard times. Their stocks have dropped as a result of the tumultuous stock market conditions, but they are also usually good stocks to buy. 

In fact, among these companies, you may find household names you immediately recognize. Investors who take a position in these otherwise solid, financially fit companies can reap a healthy profit when the market eventually turns.

The thing to keep in mind is that timing is crucial in unstable markets. While taking a long-term hold and buy approach to investing should always be a part of any prudent portfolio strategy, investors looking for good stocks to buy should be prepared to move quickly if necessary when the time is right to sell.

Investors who move past the fear that permeates the current market environment and who push the sell button at the right time can see double-digit rewards. Our analysis team at PennyPic is always on the lookout for these overlooked stocks. Sign up below for our no obligation, free stock advisory, and you’ll get immediate access to our recommendations for good stocks to buy.