Would this investing stradegy work?

Question

Recently i came upon investors.com thing called investors business daily. (IBD) On the site it shows what they call stocks on the move. It has this computer generated thing that computes all these numbers and frequencies with these stocks. Well anyway would it be a good technique to just buy say the top 5 and hold them for a while or figure out a way of buying stocks from looking at that?

Answer 1

Investor's Business Daily enjoys a very good, well earned reputation.

You could make profitable investments following their highest rated securities but you should read more about their ratings (which are very good) before you just jump in.

If you are a serious investor, the subscription to the IBD's paper is well worth it.  Based on my background, this is a very informative paper in a very concise format.

BUT looking at the wording of your question, you should do a little more studying about investing

Here's some websites that may help

http://moneycentral.msn.com/home.asp

http://finance.yahoo.com/

http://investorshub.advfn.com/default.as...

http://www.thestreet.com

http://www.brokerage101.com/

http://www.1source4stocks.com/

http://www.decisionpoint.com/TAcourse/TA...

http://stockcharts.com/

http://www.grahaminvestor.com/

Good luck, keep studying and invest well

There's no comparison between Jim Cramer and IBD, Cramer's not even in IBD's league, Cramer's more of a showman, IBD gives you useful facts.

Answer 2

It's probably better than nothing if you don't know how to research stocks on your own.

Answer 3

good stocks do showup on this IBD list

but not every stock on it is a good buy

you would have to probe deeper

the biggest problem with buying blind from the list

is that stocks will appear on it

not only when they are starting to takeoff

but also when they are putting in final highs

so you at least have to be sure what stage of advancement the stock is in

Answer 4

I recently tried the IBD trial & found the information to be quite helpful.  I suscribed after my trial period ended and the information they've provided has helped me to make better investment decisions, and I've enjoyed some gains.  Keep in mind that you'll have to continue your investment education to be able to pull the neccesary information out of their paper.  Learn how to read the charts and try your strategy out.  Don't leverage all of your capital, but give it a shot with say 10-20% and see how you do.  Good Luck!!

Answer 5

yes, do it. I made $161.45 yesterday. I'm up $55.44 today.

Answer 6

sounds like you are buying a trend(the trend is your friend)................it works in a bull market..................

It is a lot better to know the stocks and know tech analysis and fundamental analysis.......

it takes a long time to get money.......don't throw it away..........

Answer 7

Buy the paper a couple of times a week... look not only at the stocks on the move, but also their twenty rules for investing and using their ratings... and yes, you probably will do well...not " rockets" but steady uptrends...

Just getting into ETFs of their top " sectors" could probably put you on a steady uptrend, too.

... make a few selections...and a phony portfolio on yahoo or somewhere and see how you do....it can't hurt !!

P.S. Every so often they also post a little info about a theory they call CANSLIM... look for that.

Answer 8

Unless you are a pretty sophisticated investor, which I assume you are not from the tone of your message, you should probably not being buying individual stocks on your own... you may as well just gamble.

If you want to get into individual stock investing, I would suggest reading Jim Cramer's books and/or watching his show Mad Money.  It is a great way to "learn" about stock investing, particularly if you have no finance or investing background.