Mike 'Bro' was an average guy working at a day job (Just Over Broke) and trying to make money by trading at the same time. He had Googled how to pick stocks, like he had done a dozen times before. Only this time, he stumbled upon a stock screener website I am about to show you. Mike used the stock screener and then brought a list of five stocks to my desk and asked me to do technical analysis on each of them. I was sort of pissed off because I had been trying to teach Mike technical analysis so that he wouldn't need me to do it for him. My anger soon melted away and was replaced by shock when I pulled up the charts and saw how good they looked. I gave him the best looking stock from a technical analysis only point of view. Over the next 7 months, Mike rode that stock up for a 500% profit. This stock was NOT a penny stock either. I was like damn! I should have bought that! Mike kept bringing me these fantastic looking stocks but he would not be truthful with me about how he actually found them. Finally, I laid down the law. "Dude. I'm sitting here doing technical analysis on these stocks for you and you won't even be honest with me. I'm not helping you anymore until you come clean with how you are finding these." Mike finally came clean with the free stock screener he uses to find these explosive, "righteous rocket" stocks. Now I'm going to give you the website that has this killer FREE stock screener on it and teach you how to use it. The killer stock screening tool is at: http://moneycentral.msn.com/investor/finder/deluxestockscreen.aspx?query=Righteous+Rockets&btnQryFrm=Go Most stock screening tools you find will have their own unique financial industry language. Notice the wording "Righteous Rockets". Righteous Rockets are businesses that seem undervalued, are profitable, and have relatively low debt, thus making them "righteous." Furthermore, they’re quickly growing and have begun to see considerable stock price appreciation - making them "rockets." The ticker symbol and name of the corporation is on the left. The criteria used for this particular stock screener are Market Capitalization, Return on Equity, Price Sales/Ratio, Debt to Equity Ratio, and Revenue Growth This Year Compared to Last Year. Market capitalization is the total value of the firm. It’s calculated by multiplying the number of outstanding shares times the current stock price of those shares. Market capitalization is sometimes called market value. Return on equity (ROE) is usually equity earnings as a proportion of net worth. You divide the most recent year’s net income by shareholders’ equity (shareholders’ equity is assets minus liabilities) to calculate ROE. Price-to-sales ratio, P/S ratio, or PSR, is a evaluation metric for stocks. It is figured out by dividing the company's market cap by the company's revenue in the most recent fiscal year (or the most current four fiscal quarters); or, equally, divide the per-share stock price by the per-share revenue. The metric can be used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole. To resolve the debt to equity ratio, divide the company’s total amount of long-term debt by the total amount of equity. (Equity is defined as the residual claim by stockholders of company assets, after creditors and preferred stockholders have been paid.) This ratio measures the proportion of debt the company is carrying. A lot of companies average a debt level of 50 percent. Debt to equity ratios greater than 50 percent may hint at trouble. That is, if sales drop, the firm may not be able to pay the interest payments due on its debt. Revenue Growth Year Over Year (yoy) is self clarifying. For example, in the first quarter of 2006, Ebay posted Revenue Growth (yoy) of 34.80%. That means that through the most recent quarter accessible for this year (first quarter 2006) Ebay's Revenue grew 34.80% compared to the parallel quarter of last year (first quarter 2005).