Everything on my watch list is at its 52 week high, they are all trending up with little to no down movement…
Is it a bad time to be a Bear? I keep expecting a correction to come…
I pick stocks by whether they meet my personal criteria. I purchase dividend stocks only, as I am looking for stocks which can potentially provide me with supplemental income in the future. Thus what I look for includes the following:
1. I generally prefer to buy stocks in the $10-$35/share price range.
2. I will only buy quarterly dividend stocks paying at least $0.25 quarterly; preferably more
3. I will only buy monthly dividend stocks paying at least $0.09 monthly; preferably more.
4. I try to buy stocks which have a price/earnings ratio of around 20%
5. I pay attention to ex-dividend dates when buying stocks.You want to buy at least three or more days before the ex-dividend date, to be assured of getting the next dividend. This is not a huge priority for me, but it is a consideration.
If you are buying primarily growth stocks, I’d figure out which market sectors interest you and which companies have quality fundamentals. Basically, buy from good, solid companies which have been around for a while and look to continue that way. Best of success!