Top 9 stocks ranked by year to date performance
I'm not very comfortable guesstimating what is going to happen six months from now fundamentally, let alone a year from now. I rather focus my attention on finding a bunch of 5-20% winners than finding five 100% winners. As of 9/16/2015 we have 1,311 stocks above $2 that trade on average over 100k shares daily that are up year to date. Only 66 out 1,311 (5%) stocks are up 100% or more, 785 (60%) are up between 10% and 100%. The averages state that it is easier to find a handful of 10-20% winners than it is to find 100% winners. And, most 100% plus winners started with an initial 10% move unless it was bought out. A serious of small winners will allow you to swing for the fences when you find a stock that has a game-changing catalyst that can potentially make a huge move.
“The Russell 3000 index measures the performance of the largest 3000 U.S. companies, 98% of the investable U.S. equity market. 40% of the stocks had a negative return over their lifetime, 20% of stocks lost nearly all of their value, 10% of stocks recorded huge wins over 500%. 80% of the gains are a function of 20% of the stocks. --The Ivy Portfolio