How to Choose Stocks

Now that you’ve learned how trading works and how you can do it, comes the most important part. Watching the markets, analyzing stocks, creating a watchlist and finally picking your winners!

Learn From Our Picks

We’ve been using our strategy to build our own watchlists, perform further analysis and finally pick our winners. Learn from our choices and see why we make the choices we do. Join our newsletter, check out our picks and join our groups to chat!

Basic Strategy for Picking Stocks

  1. Use tools & information to find stocks.
  2. Do a quick analysis to create a watchlist of stocks you are interested in.
  3. From your watchlist, analyze each company’s fundamentals, news and perform additional research to verify it’s value.
  4. Make your picks!

How Do I Research?

Luckily, we live in a time where there are many resources and information is widely available.

Choosing stocks depends heavily on information; the fundamentals of a company, and recent news or developments.

Here are your resources:

Yahoo Finance – has quotes for all stocks, company financials & metrics, tools for tracking trades, news and much more. This is an essential tool.

CEO.ca – Provides top lists and information on all Canadian securities with links to SEDAR documents, financials and other essential information.

Google Search – Your greatest ally in finding supplemental information.

Contacting the companies – a final step is to contact companies for additional info.

Congratulations!

You have completed our mini-course to get started trading. There is a lot more to learn but you should now feel confident to jump in and learn more.