I am regularly asked how to find the best stocks for wealth creation using stocks & stock options in 2020.
The process below is perfect for finding a suitable list of wealth creation stocks to have on any core stocks list. This is the same list of power stocks I use daily.
You need your own core list or universe of stocks because looking at every stock in the known universe is stoopid and I certainly have NOT got time to scan 12,000+ stocks without having some really critical filtering
Let’s also agree that you do not need to look at every stock as some just are not worth the time or effort.
Thankfully there are many software tools and online tools both free and paid that will help you create a suitable universe of stocks for you to draw from in your day to day trading.
How to find the best stocks for stock & options trading in 2020
This short checklist is something that I run through once or twice per year to ensure I have a liquid pool of stocks that have potential to move and do interesting things with which to draw my daily stock selections from.
The good news about this stock filter is that you only need to do it once or twice per year. This is the scan that will create your universe of stocks with which to do your regular everyday scan for trading opportunities.