Checklist, continued
#2. Leaders In Leading Industries
Historically, the best stocks ranked among the top of the market before making their huge advances. Also, stocks often go up in price as part of a top-performing industry group.
- Look for a Relative Price Strength Rating of at least 80.
- Look for stocks within the top 40-50 groups shown in IBD's 197 Industry Group Rankings.
- Put another way, focus on stocks with Industry Group Relative Strength Ratings of A or B.
- Check market leadership by studying the top five or six sectors in IBD's table of new 52-week highs.
|
|
Related Resources:
Click here to get the 7 Steps For Selecting Winning Stocks, according to the CAN SLIMTM Investment Research Tool.
Go to the Investor's Corner Archives to read IBD's "editor picks" of classic Investor's Corner columns.
Search our archive of Ask Bill O'Neil Q & A's organized by topic.
|
| |
|
|
© Investor's Business Daily, Inc. 2000-2008. All Rights Reserved. Reproduction or redistribution is prohibited without prior authorized permission from Investor's Business Daily. For information on reprints, webprints, permissions or back issue orders, go to www.investors.com/terms/reprints.asp.
|
