One of the best place to start your search for good stocks to invest in, is at investors.com. On the home page of the site, there is always the IBD Research Tool that lists stocks on the move. I checked it today as I was writing this and found five stocks to add to my watch list. These stocks are considered on the move because they are up in price on heavy volume. Here are the stocks I found:
- Kirkland's Inc (KIRK)
- Edwards Lifesciences Cp (EW)
- Green Mtn Coffee Roastrs (GMCR)
- Wimm Bill Dann Foods Adr (WBD)
- J Crew Group Inc (JCG)
What are good stocks to invest in? Stocks that have strong earnings and sales combined with institutional sponsorship. That's why these stocks could be potential buys for your portfolio because they are showing signs of big money flowing into them -- a key component needed to drive a stock price higher.
As always if you are looking for a list of good stocks to invest in right now, you can find a bunch of candidates every day in the Investor's Business Daily on the various screens in each daily edition. When you read the paper, you should have a notepad handy to record the stocks you see that show up on them. You could even label your list -- What Are Some Good Stocks To Invest In.
Once you have compiled your list of potential winning stocks, review them further by looking at each stock's daily and weekly chart. In addition, you'll want to review the overall market direction, because no matter how good a stock you find, the overall market direction will tend to pull it up if the market is in an uptrend and pull it down if the market is in a downtrend. There is no need to invest in the market if the likelihood of your stock fighting the market could affect your results. Good luck with your stock market investing plan!
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