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Yesterday I posted a first pass at analyzing stocks.
Today I added additional stock and did additional analysis.
I bring you the top stocks I consider currently a good purchase.
These stocks have been identified using a few criteria.
1) The stock has shown strength / change of direction.
2) The PE ratio isn't high.
3) Stop-loss is favorable considering the reward.
I really like companies GOLD, KGC, SVM, and FSM.
I'll be reworking my investments to be in line with this analysis.
I will be sure to put stop-losses in. If the stock breaks below targets, clearly I am wrong and I want to cut losses.
One of the reasons I am fixed on this sector is gold is breaking out to new highs, oil is at historic lows, and the world banks are infusing trillions of dollars into the system. Many are nervous, and I expect precious metals to continue to rise.
Please see a financial adviser for risk, I have no formal training and this, and take ZERO responsibility for sharing what I am doing.
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