Been investing in individual stocks for a little over 3 years and have been fortunate to have great results with average gains of 90%/yr, but I feel a little like I've been gambling and want to shore up a methodology for building watchlists and establishing diversification throughout my brokerage account.
* I'm more of a buy & hold investor (my job doesn't support active trading throughout the day, and sometimes for months at a time)
* I prefer tech driven companies, but I'd like at least a little diversity outside of that sector
* Looking for early-stage growth with high upside...I'm still very much in the building wealth phase
My current screener settings are as follows:
* Market Cap greater than $500M
* EPS diluted greater than 20% annual YoY
* Revenue growth greater than 15% quarterly YoY
* Gross Margin greater than 30% trailing 12 mos
* Operating Margin greater than 10% trailing 12 mos
* Debt to equity greater than 1 annually
* RSI greater than 50 monthly
I feel like that screener has me missing out on a large share of companies that are about to go nuclear. Any advice or changes you'd recommend?