The little book that makes you rich - growth stocks

The little book that makes you rich - growth stocks Image
RUN IN STOCK SCREENER
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This configuration of the stock screener was created based on the rules described in the book "The little book that makes you rich", by Louis Navellier. The book defines eight criteria that should be met before a stock qualifies as growth stock which fits the system. These eight rules were converted into screener settings and there is a linked article available which discusses this screen a bit deeper.

Position TradingLong Term InvestingGrowth Investing
Shared by user chartmill - 3 years ago

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A beginner's guide to growth investing: Reflections on "The little Book That Makes You Rich" by Louis Navellier.h

The Little Book That Makes You Rich is a beginners guide to investing in the stock market, with a focus on growth investing. The author, Louis Navellier, provides a framework for identifying and investing in high-growth companies, and offers insights on how to build a diversified portfolio. The book also includes information on market trends and strategies for managing risk. It is one of several books Navellier has written on investing and personal finance. ChartMill has translated the rules in the book into a trading idea that allows you to look for stocks that meet the selection criteria.

Finding High Growth Market Leaders | a CANSLIM Trading Idea by ChartMill

Finding High Growth Market Leaders is a popular strategy. However, spotting these specific stocks is not easy. In this video, I show you how to quickly and accurately create a basic first list of stocks to consider using the O'Neill CANSLIM Trading Idea by ChartMill. The parameters used come from the book "How to Make Money in Stocks: A Winning System in Good Times and Bad" by William O'Neil. The book was first published in 1988 and has been revised repeatedly since then. In the book, fundamental criteria are used to determine which stocks meet the requirements, technical criteria combined with a general analysis of market direction further determine when to buy the stock.

Stock Screener Settings

OM growth 1Y>=2%

Expanding Operating Margin

FCF growth 1Y>=15%

Strong Cash Flow

Revenue growth Q2Q>=20%

Increasing sales growth

(epsQ2Q>pEpsQ2Q)

Positive Earnings Momentum

ROE>=10%

High return on Equity

EPS suprise (last 4): EPS(4): Average Surprise Above 10%

Positive Earnings Surprises

Exchange: US Only

Only US stocks

EPS 1Y>=15%

Earnings growth

EPS suprise (last 4): EPS(4): At least 3 beat

Positive Earnings Surprises

EPS growth Q2Q>=15%

Earnings growth

EPS Revision NQ(3m)>4%

The EPS estimate for the next quarter has been increased with at least 4% in the last 3 months

Revenue growth 1Y>=20%

Increasing sales growth

Chart Settings

Default charts

Regional Run

Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.