Your Next Great Stock: How to Screen the Market for Tomorrow's Top Performers - Hardcover

Hough, Jack

Hardcover

ISBN 10: 0470117931 ISBN 13: 9780470117934

Publisher: WILEY, 2007

Synopsis

A comprehensive look at how to profit from the power of stock screening

With thousands of stocks to choose from, how can you find the best ones to invest in? Simple: start with a handful of clues that tend to predict outstanding returns, and then search the entire market in seconds for stocks that are producing those clues. That's stock screening, and it's the best way—the only way, really—to consistently beat the market.

Written by experienced investment journalist Jack Hough, Your Next Great Stock reveals the most powerful screen strategies ever produced. The strategies are easy to follow. If you have Internet access and can balance a checkbook, you can find winning stocks with this book as your guide. You'll learn how to find young companies poised for explosive growth, mature companies whose true profit potential is temporarily hidden, and more. Stop relying on overrated stock tips. Start using proven screening strategies to find your next great stock.

About this title

About the Author

Jack Hough writes about stock screening for SmartMoney magazine, SmartMoney.com, and the Wall Street Journal. Prior to this, Hough spent eight years on Wall Street advising high-net-worth investors. He makes regular television appearances and frequently speaks at events such as The Money Show.

From the Back Cover

Tomorrow's top-performing stocks are giving off clues today. The world's most successful investors don't wait to stumble upon those clues; they find them by searching the entire market in seconds using a process called stock screening. Now, with Your Next Great Stock, author Jack Hough shows you how to use this proven process to locate stocks that are poised to outperform.

Too many investors use a company-by-company approach to stock investing. They collect tips from friends or financial professionals and base buying decisions on anecdotes rather than evidence. That approach rarely works. Your Next Great Stock will show you a better way. You'll size up more stocks in less time and find bargains that other investors haven't yet discovered.

Written in a straightforward and accessible style, Your Next Great Stock outlines a "Sherlock Holmes" approach to investing. It uses the power of stock screening to uncover and interpret important clues as to where a company and its stock may be headed. Along the way, you'll also learn which combinations of clues are most likely to produce winning stocks.

Divided into four parts, Your Next Great Stock:

• Covers the essential elements of stock investing and screening

• Examines more than a dozen powerful stock-screening strategies—from the Impatient Value screen to the Follow the Leaders screen—that Hough has "shamelessly stolen" from the world's best financial minds

• Discusses how to pick the likeliest winners from your stock screen results

• Reveals where to find today's best stock-screening tools—most are free or inexpensive

• And much more

Filled with in-depth insights and practical advice, Your Next Great Stock is perfect for both new and experienced investors who refuse to rely on the outdated suggestions of co-workers or brokers when looking to make money in the markets. With this book as your guide, you'll quickly discover how combining a fact-based investing approach with today's screening technology can put you on a real path to profits.

Don't forget to visit YourNextGreatStock.com to run free online screens based on some of the strategies covered in this book.

From the Inside Flap

Your Next Great Stock

"Your Next Great Stock makes a clear and persuasive case for a systematic investment strategy. Though simply written, both amateurs and professionals can profit greatly from the wisdom revealed in its pages."
—Joel Greenblattauthor, The Little Book That Beats the Market

"Jack Hough has written a thoughtful and disciplined book about picking stocks. In an age where most people look for the quick buck, his commonsense approach will outlive bull and bear markets alike."
—Jonathan HoenigPortfolio Manager, Capitalistpig Hedge Fund LLC and Fox News personality

With thousands of stocks to choose from, how can you find the best ones to invest in? Simple: start with a handful of clues that tend to predict outstanding returns, and then search the entire market in seconds for stocks that are producing those clues. That's stock screening, and it's the best way—the only way, really—to consistently beat the market.

Written by experienced investment journalist Jack Hough, Your Next Great Stock reveals the most powerful screen strategies ever produced. The strategies are easy to follow. If you have Internet access and can balance a checkbook, you can find winning stocks with this book as your guide. You'll learn how to find young companies poised for explosive growth, mature companies whose true profit potential is temporarily hidden, and more. Stop relying on overrated stock tips. Start using proven screening strategies to find your next great stock.

Edition details

• Publisher: WILEY
• Publication date: 2007
• Language: English
• ISBN 10: 0470117931
• ISBN 13: 9780470117934
• Binding: Hardcover
• Edition number: 1
• Number of pages: 250