How to Find Stocks Ready to Win Olympic Gold

By Steve D. Martin

Do you own stocks worthy of winning an Olympic Gold Medal? Do your stocks have the heart of a champion? Are they poised to break new world records? If you could own a stock named Michael Phelps would you? We can take the same characteristics that make up Gold Medal Olympic Champions and apply them towards selecting Gold Medal Winning Stocks.
When we look at our Gold Medal Olympic Champions three distinct characteristics stand out. First, they have mastered the Foundations or Fundamentals of their sport. Second, they are innovators or leaders within their sport. Finally third, they are technically sound as they perform creating effortless efficiency. These 3 variables can also be used to select Gold Medal Winning Stocks.
First, choose stocks with superior fundamentals and a sound foundation. Olympians test their skills everyday against themselves and their competition. Those athletes that constantly work to improve their speed, strength, conditioning, and nutrition can usually measure this success through faster times, longer distances, and stay healthier and in the sport longer. The same can be said for a gold medal winning stock. These companies are constantly looking to improve their fundamentals. In stocks we see this through increased earnings, stronger sales, and larger profit margins. In Gold medal winning stocks you would like to see these fundamentals increasing on a quarterly basis and on a yearly basis.
Second, choose stocks that are innovators or leaders within their industry. An industry is just a way to group businesses that are alike together. Michael Phelps is in the swimming industry, IBM is in the Computer Technical Services industry. Gold Medal winning stocks will be the best in their industry. They get to the top of the industry by being innovative. These stocks may have created a new product, changed the way they do business, or have an existing product that has become more in demand. Apple computers are a great example of a company that has become a Gold Medal winning stock. Apple created the iPod, then the iPhone, and is now, for the first time, taking the lead over DELL on its computers for educational services.
Third, is the stock you choose technically sound? We can measure or see the health of a stock through a stock chart. As they say a picture is worth a thousand words. Athletes have coaches, video imaging, stat sheets, and chalk boards to continually track the progress of their athletes, to fix problems in technique, and to monitor success. To choose gold medal winning stocks you must be the coach of your stock and monitor the health and strength of the stock you are looking at through stock charts. The stock chart of a gold medal winning stock will have prices that are continuously reaching to new highs. When the stock moves up in price it will do so on strong volume. When the stock has an off day, it will do so on light volume. With the gold medal winning athlete, they are always the first one to be picked by the captains or the coaches, everybody wanted them. The same is true of a gold medal winning stock, everyone will want to buy this stock for their team (portfolio) and this action is seen on the stock chart by an increase in price and volume.
Just like the Olympics there are thousands of potential gold medal winning stocks waiting for their moment to shine. Only a few will rise to the surface, surpass all others, and cross the finish to be considered the Gold Medal Champion. Find your next gold medal winning stock by demanding superior fundamentals, industry leadership and innovative products, and ever improving technical stock charts. Stick to these three characteristics of finding Gold Medal Winning Stocks and soon you may be standing on the podium as a gold medal winning investor.
Steve Martin went from a tennis pro struggling to make ends meet, to a successful growth stock investor, and developed the F.I.T. Stock Investment System. To find out more about F.I.T. Stocks and our weekly Investment Newsletter service visit us at http://www.fitstocks.com/
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