Prepare a Stock Selection Guide (SSG) with Take Stock
Posted by: Doug Gerlach 6/30/2011 1:52:06 PM

The Take Stock tool at StockCentral is one of the easiest ways to analyze a stock — just enter a ticker symbol and the program does the rest! Now it's even better -- we've just re-released the tool with the option to display a completed Stock Selection Guide (SSG) for the company that you're analyzing

One of the most popular features on StockCentral is our Take Stock tool for instant stock analysis. In the default judgment mode, the program uses strict guidelines to evaluate the strength and consistency of a company's past growth and then applies conservative rules to forecast future growth and range of prices. Few companies pass Take Stock's unbending criteria and are judged to be reasonable candidates for your portfolio. Take Stock is designed to use this "better safe than sorry" approach to protect neophyte stock investors from investing in companies with poor historical fundamentals, no matter what the reason for that underperformance.

To gain a better understanding of all the decision points that go into completing a stock study in Take Stock, investors can use the Wizard. The Wizard allows you to override the various judgment values employed in completing a study, useful if you have an understanding of how a company's future fundamentals may differ from recent historical results. Advanced investors can also use the Edit Judgment feature to review and override the default judgment decisions made by Take Stock.

We have just updated the Take Stock program with a feature that will allow users to generate a completed Stock Selection Guide (SSG) from Take Stock, as well as the original Technamental Stock Study Worksheet (TSSW) form. The SSG form will use the default or edited judgment values to complete the stock study, as selected by the user.

Users may also save their completed Take Stock studies to a portfolio on the site, then keep up to date on changes in the Growth, Mood, or Price Range of their companies.

If you're not familiar with Take Stock, visit Take Stock at StockCentral to demo the tool to analyze your favorite company, instantly!