Most of the stocks we consider for our portfolio over at Fast-Track Millionaire are so-called “growth” stocks. This should not surprise anybody: we look for the leaders of tomorrow, for future Googles or Amazons, before they become household names. The best of these fledgling companies usually have one thing in common: outsized growth. #-ad_banner-#Investors are willing to pay up for growth prospects that are out of the ordinary — hence the high valuations, whether measured in price-to-earnings (P/E), price-to-sales (P/S) or price-to-book (P/B).  In fact, some of the stocks we have in the portfolio don’t even have a meaningful P/E… Read More

Most of the stocks we consider for our portfolio over at Fast-Track Millionaire are so-called “growth” stocks. This should not surprise anybody: we look for the leaders of tomorrow, for future Googles or Amazons, before they become household names. The best of these fledgling companies usually have one thing in common: outsized growth. #-ad_banner-#Investors are willing to pay up for growth prospects that are out of the ordinary — hence the high valuations, whether measured in price-to-earnings (P/E), price-to-sales (P/S) or price-to-book (P/B).  In fact, some of the stocks we have in the portfolio don’t even have a meaningful P/E ratio. That’s because they don’t have much in terms of earnings — or have not earned any money at all yet. They eventually will — if everything goes right — but not this or next year.  In such cases, P/B ratio can be used. The company’s book, or accounting, value is measured as the difference between the company’s assets and its liabilities. It’s a meaningful number — and so is the price-to-book valuation. For instance, when price-to-book is less than one, the company trades at less than the total value of its assets. Value investors love finding such companies.  Let’s… Read More

Investors know that markets react quickly to any new development or big news. But markets also tend to overreact.  The latter explains why, while being “efficient” — that is, reflecting all the available information — the market also contains a wealth of overvalued as well as attractively valued stocks at any given time. This is what stock picking is all about — finding companies that look undervalued by the market. Of course, stock pickers often have to contend with the phenomenon of market overreaction. In this case, they can be “early on the stock” — the best of us have… Read More

Investors know that markets react quickly to any new development or big news. But markets also tend to overreact.  The latter explains why, while being “efficient” — that is, reflecting all the available information — the market also contains a wealth of overvalued as well as attractively valued stocks at any given time. This is what stock picking is all about — finding companies that look undervalued by the market. Of course, stock pickers often have to contend with the phenomenon of market overreaction. In this case, they can be “early on the stock” — the best of us have been there, having selected a company for its growth potential only to see the stock stagnate or, worse, decline.  But the potential of choosing the right stock and betting against the grain can also be huge: when all the bad news is already incorporated into shares, an upside catalyst related to any improvement, changes in the company’s results or in the market’s sentiment could be significant. I believe that to be the case with Grubhub (Nasdaq: GRUB), a food delivery leader that has served up accelerating organic growth — and whose shares still don’t reflect that positive action.  If it… Read More

The markets undergo rotation all the time. Whether it’s manifested as a change in leadership in a stock or in a sector, one thing is for sure: some of today’s small- and mid-sized companies are destined to become tomorrow’s blue chips. This is what my Fast-Track Millionaire premium newsletter service is all about — finding tomorrow’s leaders while they still trade at relatively low levels. If you get it right, the rewards can be stunning. While identifying the next Microsoft can be an arduous process, a few mistakes along the way can be forgiven if your best find appreciates… Read More

The markets undergo rotation all the time. Whether it’s manifested as a change in leadership in a stock or in a sector, one thing is for sure: some of today’s small- and mid-sized companies are destined to become tomorrow’s blue chips. This is what my Fast-Track Millionaire premium newsletter service is all about — finding tomorrow’s leaders while they still trade at relatively low levels. If you get it right, the rewards can be stunning. While identifying the next Microsoft can be an arduous process, a few mistakes along the way can be forgiven if your best find appreciates by 100%, 200%, or even more.  The strategy of finding what we like to call “The Next Big Thing” is two-fold. The first step entails identifying relevant trends in their early stages and the companies that will be the likely beneficiaries. That’s obvious enough. But there’s a corollary to the process, an aspect of the search that is often underappreciated by investors. And this part is all about determining which stocks or groups of stocks are the most likely to deteriorate as time goes on. In other words, the companies to avoid. This is what we’re going to focus on… Read More

About three months ago, I talked about small-cap stocks enjoying strong price momentum. On its own, positive momentum — which is basically the speed at which a stock’s price accelerates — does not mean that a stock will do well going forward. That said, it’s still a powerful force from which traders often benefit. That’s because stocks trade on expectations. And because the future obviously can’t be predicted consistently and with certainty, markets often continue to move in the same direction as in the recent past. After all, as in life, it’s much easier to follow than to resist. Moreover,… Read More

About three months ago, I talked about small-cap stocks enjoying strong price momentum. On its own, positive momentum — which is basically the speed at which a stock’s price accelerates — does not mean that a stock will do well going forward. That said, it’s still a powerful force from which traders often benefit. That’s because stocks trade on expectations. And because the future obviously can’t be predicted consistently and with certainty, markets often continue to move in the same direction as in the recent past. After all, as in life, it’s much easier to follow than to resist. Moreover, because stock prices generally reflect all the available information at any given time, it’s natural for investors to assume that a particular stock — if it’s on the way up — will continue the streak of good news that propelled it higher to begin with. —Recommended Link— Market volatility exposes $37,000.00 opportunity The Wall Street Volatility we’ve been experiencing has just exposed a legal market hack that generates $37,000 in additional income with zero added risk.  ​Discover exactly what you need to do to cash in now. Let’s Screen For Small-Cap Momentum Stocks This is what I’m… Read More