Best Stocks To Buy Right Now

One of the hardest stock market investing decisions you face is figuring out what the best stocks to buy right now are. But finding the best stocks to buy will be one of the most challenging skill you'll need to master. More importantly, though not only do you want to find the best stock to buy, you also want to figure out the exact best time to buy it. William O'Neil calls it the pivot point. The pivot point or buy point represents the optimal time to buy the stocks you uncover that meet the rest of the CANSLIM characteristics.

I think it's almost harder to figure out the pivot point than to actually pick the best stocks to buy now. One of the reasons for this is because it's easy to look in to the past and see that the best buy point was a certain price. It quite another to determine it as it is occurring. And, to figure out if it is an actual break out on heavy volume is also hard to do. You have to time your buy with the market. Fortunately, most stocks with the cup with handle chart pattern do have a pullback that gives you a second chance to buy. You want to make sure that buy as close to this buy point as possible because if you buy too soon, you'll get stopped out on the pullback and if you buy too late, the same thing will happen as the stock's price goes through it's natural correction.

To find these stocks, start learning about CANSLIM and reading the Investor's Business Daily and also learn what is the best stock to buy right now.