Synopses & Reviews
THE BUSINESSWEEK, USA TODAY, AND WALL STREET JOURNAL BUSINESS BESTSELLER!
The bestselling guide to buying stocks, from the founder of Investor's Business Dailynow completely revised and updated
When it was first published, How to Make Money in Stocks hit the investing world like a jolt, providing readers with the first in-depth explanation of William J. O'Neil's innovative CAN SLIM investing method. Five years later, O'Neil, founder for the industry icon Investor's Business Daily, revised his classic text and provided readers with a newer glimpse on how the average investor can make money in the equities market.
This third edition of How to Make Money in Stocks has been revised and updated with new chapters designed to help investors increase their performance. New discussions include:
- Greater clarification of the key CAN SLIM investment strategy
- Expanded analysis of the general market from the top of year 2000 to the market bottom of 2001
- New models of the greatest stock market winners that provide more basis for the ongoing effectiveness and superior performance of the CAN SLIM strategy
- Fresh stock charts featured in two colors for easier analysis of trends
- And an invaluable guide on how to maximize both Investor's Business Daily and www.investors.com to find winning stocks
Like his international bestselling 24 Essential Lessons for Investment Success, which stayed on international business bestseller lists for close to 6 months in 2000, How to Make Money in Stocks is the best reference for the individual investor in how to stay afloat and ahead in the rocky and volatile equities markets of the 21st century.
The bestselling investment systemupdated to help you uncover the best stocks in today's market!
Since 1988, through every type of market, the bestselling How to Make Money in Stocks has shown over 1 million investors the secrets to building stock market wealth. Author William J. O'Neil's powerful CAN SLIM‘ investment modeling systembased on an exhaustive study of the greatest stock market winners dating back to 1953is a straightforward, 7-step process for minimizing risk, maximizing return, and finding stocks that are poised to perform. In addition, this revised and updated third edition provides you with:
- Expanded coverage of Nasdaq and mutual fund investing
- Techniques for reading charts, trading on news, and more
- Strategies to avoid the 19 most common investor mistakes
Praise for previous editions ...
"The most useful stock market book in years."
"In O'Neil's opinion, a stock isn't unlike a car or a set of golf clubsyou have to pay for quality. A winning system."
"A superb book, spelling out his investment strategies in plain English and O'Neilisms."
San Francisco Business
"His very good advice comprises a mixture of three parts common sense and one part technical knowledge."
The American Spectator
The third edition of a practical rule book for becoming an investment professional. It offers guidance for those who want to make smart investments - even if they've never owned stocks before. This updated edition includes new concepts, improved chart graphics and new research tools.
The bestselling guide to buying stocks is now completely revised with all the information readers need on the entire investment process, from picking a broker to diversifying a portfolio to making a million in mutual funds.
A BUSINESSWEEK BESTSELLER!
Anyone can learn to invest wisely with this bestselling investment system!
Through every type of market, William J. ONeils national bestseller, How to Make Money in Stocks, has shown over 2 million investors the secrets to building wealth. ONeils powerful CAN SLIM® Investing Systema proven 7-step process for minimizing risk and maximizing gainshas influenced generations of investors.
Based on a major study of market winners from 1880 to 2009, this expanded edition gives you:
- Proven techniques for finding winning stocks before they make big price gains
- Tips on picking the best stocks, mutual funds, and ETFs to maximize your gains
- 100 new charts to help you spot todays most profitable trends
PLUS strategies to help you avoid the 21 most common investor mistakes!
“I dedicated the 2004 Stock Traders Almanac to Bill ONeil: ‘His foresight, innovation, and disciplined approach to stock market investing will influence investors and traders for generations to come.”
Yale Hirsch, publisher and editor, Stock Traders Almanac and author of Lets Change the World Inc.
“Investors Business Daily has provided a quarter-century of great financial journalism and investing strategies.”
David Callaway, editor-in-chief, MarketWatch
“How to Make Money in Stocks is a classic. Any investor serious about making money in the market ought to read it.”
Larry Kudlow, host, CNBCs "The Kudlow Report"
About the Author
William J. O'Neil is the founder and chairman of Investor's Business Daily and the author of the million-copy best-seller How to Make Money in Stocks. Born in Oklahoma and raised in Texas, William J. O'Neil began his investment career as a stockbroker. He started investing with less than $500, but through continued study, mistakes, and a desire to find out exactly how the stock market really worked, O'Neil realized a 20-fold increase in his own account in 26 months from October 1962 to December 1964. He then purchased a set on the New York Stock Exchange and opened his own investment management and research firm, William O'Neil + Co., Incorporated, at the age of 30. Founded in 1963, William O'Neil + Co. was the first to create a computerized stock-market database, which is used today by over 400 major U.S. institutions across the country, including banks, insurance companies, pension and mutual funds, corporations, and government organizations. O'Neil wanted to provide individuals with the same critical data the professionals use in order to make smarter investment decisions so he launched Investor's Business Daily in 1984. By virtue of a proprietary contract with William O'Neil + Co., Investor's Business Daily is able to access the historical securities database for use in publication of the newspaper.
Table of Contents
Part I: A Winning System: CAN SLIM™
Introduction: Learning From the Greatest Winners
CHAPTER 1: C = Current Quarterly Earnings per Share: The Higher the Better
CHAPTER 2: A = Annual Earnings Increases: Look for Significant Growth
CHAPTER 3: N = New Products, New Management, New Highs: Buying at the Right Time
CHAPTER 4: S = Supply and Demand: Shares Outstanding Plus Big Volume Demand
CHAPTER 5: L = Leader or Laggard: Which Is Your Stock?
CHAPTER 6: I = Institutional Sponsorship: Follow the Leaders
CHAPTER 7: M = Market Direction: How to Determine It
Part II: Be Smart From the Start
CHAPTER 8: Nineteen Common Mistakes Most Investors Make
CHAPTER 9: When to Sell and Cut Your Losses
CHAPTER 10: When to Sell and Take Your Profit
CHAPTER 11: Should You Diversify, Invest for the Long Haul, Buy on Margin, Sell Short, Etc.?
CHAPTER 12: How to Read Charts Like an Expert and Improve Your Stock Picks and Timing
Part III: Investing Like a Professional
CHAPTER 13: Models of the Greatest Stock Market Winners: 1952–2001
CHAPTER 14: How to Find Winning Stocks Using Investors Business Daily
CHAPTER 15: How to Pick the Best Market Sectors, Industry Groups, and Subgroups
CHAPTER 16: The Art of Tape Reading: Analyzing and Reacting to News
CHAPTER 17: Should You Buy Options, Nasdaq Stocks, New Issues, Convertible Bonds, Tax Shelters, Foreign Stocks?
CHAPTER 18: How You Could Make a Million Dollars Owning Mutual Funds
CHAPTER 19: Improving Management of Pension and Institutional Portfolios
CHAPTER 20: Important Guidelines to Remember