SAFM, GM, APPLE, Goggle, DIAMOND FOOD, KRAFT, PEP, and GS: In Which stock will you put your money now? Thanks

Best Answer

EthanR answered a question in General Market.
4085 points

EthanR answered 2 weeks ago …

MNSL, Whenever I have several stocks that I am considering and want to evaluate which ones will do the best going forward, this is what I do.

Go to www.stockcharts.com

At the top right side of the page, where it says "Start to Chart!", choose PerfChart from the chart type drop down menu
Enter any one of the symbols that you are considering, such as PEP
When the first chart loads up, enter all the other symbols that you are considering in the boxes next to the one you have already entered. Then click on GO.

When the other charts load up, you can compare the performance of all of them over time periods ranging from as much as 200 days ago, down to as little as 2 days ago.

Choose the 2-3 stocks which have been performing the best of all the symbols over various time periods, like 200, 90, 60, and 30 days. These are the stocks that will have the greatest relative strength, and will most likely continue to out perform the other stocks that you are comparing.

Next, delete the stock symbols that have been underperforming.

Then I want to compare the remaining stronger stocks against the Dow, S&P 500, and Nasdaq. You can do this easily by comparing them to ETF's such as DIA, SPY, and QQQQ

If the remaining stronger stocks are outperforming the general markets, then they are worth further consideration. If not, then why bother? The index ETF would be the better play, and with much less risk.

Try this approach with the stocks you have listed and see how it works out for you. Good luck!

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