Stock picking is the next level you will advance to after you learn how to trade stocks. There are a lot of stock picking websites that are dedicated to screening and talking about stocks. Here are the best stock picking websites. Please don’t email me and ask to be added to this list. These are my personal favorite stock picking websites and as such, I sadly cannot accept submissions for inclusion.
Google Finance – Google Finance might not look as flashy as some of the other websites listed here but looks can be deceiving. Google Finance is a powerful market intelligence tool that has a “Trends” section where you can see what stocks other traders are following. I have found many awesome stock picks by using the “Trends”, “Popular” section of Google Finance before a major news story broke. One of the top traders on Wall Street, Jason Bond, recommends using Google Finance.
Yahoo Finance – Yahoo Finance is still one of the best stock picking websites in my opinion. Even after so many years, Yahoo Finance continues to dominate the financial media websites because they are a blend of mainstream financial media sites but also some large alternative financial media sites. My favorite aspect of Yahoo Finance is using their stock picking service research tools to look up the “profile” of a particular stock.
MarketWatch – A mainstream financial media website owned by the Wall Street Journal. In July of 2013, the website SmartMoney was merged into MarketWatch. Lots of institutional traders, money managers, and hedge funds give you their stock picks. Very nice website layout with lots of information on their home page. I like using this website for stock picking but also for breaking news headlines.
Finviz – Finviz stands for “financial visualization”. It has awesome stock picking tools like a stock screener that screens on both fundamental and technical (chart) criteria. This is the best stock picking website for swing traders if you already know the criteria to input into the screener. If you don’t, I did a lesson on Finviz here where I show you how to use their free stock picking software.
Investors.com – This is the Investors Business Daily website with lots of in-depth articles to help you with your stock picking. There are also lots of good articles about the overall trends of the major indices that I find helpful. In swing trading, it helps to monitor Investors.com when a stock has a high short interest as a percentage of float. Sometimes a company that is the target of short sellers will fight back by publishing an article over Investors.com which can create a temporary short squeeze and profits for us on a swing long trade. Remember, Investors.com is one of the largest stock picking websites on the Internet which means a lot of traders and investors read the articles posted on this website.
Frequently Asked Questions about Stock Picking
What is the best stock picking service?
The best stock picking service is Jason Bond Picks. I don’t just say that because I’m a sales affiliate.
What is the best stock picking software?
What is the best stock picking strategy?
The best stock picking strategy is to buy small cap stocks with a market cap between $300 million and $2 billion, with a beta of 1 or greater, a price of under $10, a debt/equity ratio of less than 0.1, trades over 500K shares per day, has a high short interest days to cover metric, and that is oversold and just formed a candle over candle reversal.
This is the stock picking strategy taught to me by Jason Bond who ranked #3 out of more than 10,480 traders in an independently verified competition on Profit.ly. This is just one way I know that this is one of the best stock picking strategies on Wall Street.
The other way I know that this is one of the best stock picking strategies on Wall Street is the performance of Jason Bond Picks over the last year.
Below is a popular lesson I did on stock picking a few years ago. It is dated and so the actual stock picks are not relevant but folks, there is a ton of valuable information on stock picking packed into this lesson. This is one of the most loved lessons I’ve ever posted based on the huge amount of positive feedback you guys have sent in. Thank you and please keep sending in your feedback and questions so that I know I’m on the right track.
In this lesson you’ll learn the 7 tactics for how to swing trade effectively. In fact, these tactics are so effective that it landed Jason Bond a coveted #3 spot back when he traded on Profitly. It’s the same tactics that a Jason Bond client went from $2,500 in his trading account on January 1st, 2013 to $16,500 as of February 17,2013!