Page 1090 - How to Make Money in Stocks Trilogy

76 HOW TO MAKE MONEY IN STOCKS—GETTING STARTED

Next up: Let’s compare two potential CAN SLIM stocks using the
criteria on the Buying Checklist.

• ACTION STEPS •

Here are some quick To Dos to start using the Buying Checklist and
reinforce what we’ve covered so far. To take these steps, visit
www.investors.com/GettingStartedBook.
1. Run 2 to 3 stocks through the Buying Checklist. As prac-
tice, you can skip the “Chart Analysis” section for now, but
don’t buy a stock without first checking the chart. We’ll
cover chart-reading in Chapter 6, “Don’t Invest Blindly.”
• Check market direction: Use the Market Pulse in The
Big Picture column to see if we’re currently in an
uptrend or correction.
®
• Review potential CAN SLIM stocks: If you don’t have
a stock in mind, choose one from the IBD 50, Your Weekly
Review, Sector Leaders, or Stock Spotlight (Chapter 7).
2. See how to go through the checklist with a short video: Does
Your Stock Pass or Fail? Find Out with Stock Checkup.