Stock Trading and Other Things

What are the ways in discovering a hot stock?

Ways to discover a hot stock.

Public Comments

1. Think of growing industries, and then find a good company that isn't well-known, but that you think could become well known. Research the stock, then make the best decision as to whether or not you want to buy it.

2. ft.com

3. Keep your eyes and ears open.

4. The Dreman Contrarian fund tries to do this with a shotgun approach, by investing a little bit in lots of small inexpensive stocks at random in hopes that a few will hit it big.

People have been trying to anticipate which stock will skyrocket and for the most part have lost their shirts doing so. If you're chasing a hot stock, you'll probably do no better than buying the stocks at random.

5. If you watch CNBC, the stocks scrolling at the bottom of the screen are generally the hot stocks, or stocks of interest. I also like www.clearstation.com. Look at the "a list. I have pulled a lot of winners from that list.