I am starting this blog to keep my analytical skills fresh ... I have been a stock analyst and equity trader in the past and miss the intellectual challenge and satisfaction that is provided by successfully identifying growth stocks and seeing them move up.
I have decided to focus on the following:
1. Canadian listed stocks
2. Market caps between $100MM and $5,000MM
3. P/E between 1 and 12
4. Companies in the technology and mining sectors.
I will be running this screen each weekend on the TSX website and identifying stock picks from the list thrown up by the screen. These are arbitrary factors, but my intent is to identify stocks of a reasonable size that are priced at or more than 8X earnings. I will look at published data and other analyst research (at least initially, till I gain familiarity with the stocks) and share my research and trading experience with the readers.
I am really excited to have started this blog and plan to be a regular writer here.
What do I hope to gain from this? Personal satisfaction for one, keeping my skills updated for another, and the opportunity to share my ideas with the world at large.
Regards,
Ajay.
P.S.
I am considering changing the screen to stop at market cap of $1,000MM as the larger stocks are adequately followed and have adequate research coverage.
Monday, March 22, 2010
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Do you look at US stocks as well?
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