Stock Investing and Trading System Access the HI-EPSRS database See a six-month performance of our Top Picks Stick to a game plan Learn more about our service Answers to commonly asked questions | Top Stock Picks Portfolio Comments2022-11-08: We have a signal to move out of **** and into ****. Current Stock Portfolio Positions: | | | Undervalued Stock Breakouts Q&A View Select Entries from Our Mailbag. Also See Our Q&A Page.Q: I'm looking for undervalued companies on the brink of breaking out. Have 10 years of managing my money trading and investing. A: Hi,
Thanks for trying out our service. I think your profile (someone who takes his investing seriously) may benefit from our offering.
We have a screen for undervalued stocks (*Discount%*) that you could set at <0% indicating stocks trading at a discount based on future growth prospects. Finding names that are on the brink of breaking out is a bit more tricky, since there's no easy way to define this scenario. Our recommendation would be to add the *Breakout* filter and then actually view the charts of stocks meeting these two criteria. If the breakout has not carried the stock too far from it's base, an entry may be worthwhile. It may be more timely to buy the breakout, than to wait for a stock which is still in it's base, waiting to breakout.
Another screen that may be useful to you, is from our *Daily Report*. We show a section on stocks bouncing off moving averages (50-day and 200-day) or breaking through these levels on strong volume. This may also provide stock charts worth looking at.
Best regards,
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