Stocks 2 Hold
On this page, my goal is to suggest which stocks I am buying and what metrics I use to inform my decisions. In general, I use the following metrics below:
How much percent is it above the 52 week low. In order to make money, you have to be able to buy low!
Is it a blue chip stock? I consider a blue chip stock as any company that is more than 1-2 billion in market cap.
Low PE ratio relative to the stock's respective industry PE.
How much percent did it drop on that day? I consider a big drop anything more than -10% in which case I see a buying opportunity especially when it comes to blue chip quality stocks.
Also, as a general rule of thumb, if the stock hits the first 2 or first 3 points from above, then it is usually a no brainer to buy that stock.
