Ever heard of Institutional Transaction, Holdings?
This is one of the Best Fundamental Indicators. A Scan set for this fundamental criteria reveals the BEST future performing stocks. Institution Balances the Portfolio, so they have distributed the money evenly. Its your responsibility to pick the Gems out. There are other characteristics of these Fundamental picks. How to take advantage of anything and everything.
Credit to ADMIN for the indicator.
Accuracy of these are questionable, therefore, I recommend going through the filings after you pick the stock you like.
Comments
SPYderCrusher
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Nice! Great post! I too would take the fundamental metrics with a grain of salt -- not limited to TV but many providers often have different and disparate fundamental data, so the Edgar SEC filings are always the best source (just more work).
One comment to this idea, you can also take the flip-side to this approach, which is what Peter Lynch espoused in his very famous book, "One Up on Wallstreet", and do a simultaneous scan of companies with sharp earnings and sales growth, with very little institutional ownership.
The theory being, you have beat wallstreet to the story, and as the company gets more attention, institutions will then build their exposure. Wall street rewards growth, so effectively you can build your position before the tory is widely followed.
These charts illustrate both concepts nicely, except there is a dataset bias because we know institutions had to liquidate all stocks in 2007/2008 for liquidity reasons, so it follows holdings would be low, but all the same your point is excellent and so is the post. Cheers!
TravelingSalesman
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@SPYderCrusher, Hi, would you mind sharing a link to this indicator please?
UDAY_C_Santhakumar
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@TravelingSalesman, Guys, Seems like the data is missing from Trading view. The indicator wont work.
One comment to this idea, you can also take the flip-side to this approach, which is what Peter Lynch espoused in his very famous book, "One Up on Wallstreet", and do a simultaneous scan of companies with sharp earnings and sales growth, with very little institutional ownership.
The theory being, you have beat wallstreet to the story, and as the company gets more attention, institutions will then build their exposure. Wall street rewards growth, so effectively you can build your position before the tory is widely followed.
These charts illustrate both concepts nicely, except there is a dataset bias because we know institutions had to liquidate all stocks in 2007/2008 for liquidity reasons, so it follows holdings would be low, but all the same your point is excellent and so is the post. Cheers!