(1) Screener to help you identify companies with consistent profits, low debt, fair prices, and moderate growth. It helps spot fast-growing yet lesser-known companies without excessive debts.
I spent hours studying +400 quarterly earnings reports from last week and found the top 50 stocks with triple-digit earnings growth. See the list below: 🧵👇
1. Macpower CNC 2. Vintage Coffee 3. P. H. Capital Ltd 4. Mahindra EPC 5. Adani Green 6. Network People Services Technologies Ltd 7. Tinna Rubber & Infrastructure Ltd 8. Asian Energy Services Ltd 9. Zenotech Laboratories Ltd 10. Bhageria Industries Ltd
11. UTIAMC 12. Venus Pipes & Tubes Ltd 13. Shera Energy Ltd 14. Indian Metals & Ferro Alloys Ltd 15. Strides Pharma Science Ltd 16. Subros 17. Pudumjee Paper Products Ltd 18. Keystone Realtor 19. Urja Global Ltd 20. Automobile Corporation Of Goa Ltd
I studied +50 pages of Motilal Oswal Wealth Creation report (2017-2022).
Here are the top 6 lessons I learned: 🧵
(1) In the stock market, companies are split into two types: Consistents and Volatiles, based on their profit after tax (PAT) growth.
A company is Consistent if it fulfills 3 criteria; otherwise, it's a Volatile:
- Over 15 years, the annual profit after tax (PAT) shouldn't drop by more than -10% three times (or twice if it's a 10-year period).
- No single drop in PAT should exceed -50%.
- Final year PAT shouldn't be less than the first year.
(2) A portfolio of consistent companies tends to show strong average ROE (20% in this case) and PAT CAGR (16%).
- Stocks with high PAT growth (20%+) offer the best returns.
- Stocks with PEG below 1x usually perform much better than the market.
Now, I'll share it with you for free and show you how to time your trades with the Inside Bar strategy and identify inside bar candles with a simple and free indicator.
A thread with examples. 🔖
1) Open your charting platform and pick the "Inside Bars Visualizer" Indicator.
The blue dot above the candlestick shows an inside bar candle.
(2) "Inside Bar" is a trading strategy with two bars.
The smaller bar sits within the high to low range of the previous one.
Its high is lower, and low is higher than the prior bar.
It can be at the top, middle, or bottom of the previous bar.