"Your Next Great Stock makes a clear and persuasive case for a systematic investment strategy. Though simply written, both amateurs and professionals can profit greatly from the wisdom revealed in its pages." Joel Greenblatt, author, The Little Book That Beats the Market
"Jack Hough has written a thoughtful and disciplined book about picking stocks. In an age where most people look for the quick buck, his commonsense approach will outlive bull and bear markets alike." Jonathan Hoenig, Portfolio Manager, Capitalistpig Hedge Fund LLC and Fox News personality
"Hough has put together an easy read that′s actually fun. Most of the book focuses on why stock screening works, while the last half of the book helps the reader put together some stock screens of their own."––Stockpunk.com
"The book covers some fairly challenging concepts, but it doesn′t read like a dry academic study. That′s a testament not just to Mr. Hough′s knack for explaining arcane financial concepts in everyday language, but also to his sense of humour; it′s not often that you find an investing author who spent year doing standup comedy in New York."––Globe and Mail
From the Inside Flap
Tomorrow′s top–performing stocks are giving off clues today. The world′s most successful investors don′t wait to stumble upon those clues; they find them by searching the entire market in seconds using a process called stock screening. Now, with Your Next Great Stock, author Jack Hough shows you how to use this proven process to locate stocks that are poised to outperform.
Too many investors use a company–by–company approach to stock investing. They collect tips from friends or financial professionals and base buying decisions on anecdotes rather than evidence. That approach rarely works. Your Next Great Stock will show you a better way. You′ll size up more stocks in less time and find bargains that other investors haven′t yet discovered.
Written in a straightforward and accessible style, Your Next Great Stock outlines a "Sherlock Holmes" approach to investing. It uses the power of stock screening to uncover and interpret important clues as to where a company and its stock may be headed. Along the way, you′ll also learn which combinations of clues are most likely to produce winning stocks.
Divided into four parts, Your Next Great Stock:
Covers the essential elements of stock investing and screening
Examines more than a dozen powerful stock–screening strategies from the Impatient Value screen to the Follow the Leaders screen that Hough has "shamelessly stolen" from the world′s best financial minds
Discusses how to pick the likeliest winners from your stock screen results
Reveals where to find today′s best stock–screening tools most are free or inexpensive
And much more
Filled with in–depth insights and practical advice, Your Next Great Stock is perfect for both new and experienced investors who refuse to rely on the outdated suggestions of co–workers or brokers when looking to make money in the markets. With this book as your guide, you′ll quickly discover how combining a fact–based investing approach with today′s screening technology can put you on a real path to profits.
Don′t forget to visit YourNextGreatStock.com to run free online screens based on some of the strategies covered in this book.