2024 the best stock to invest in 2024 review

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The national bestseller

Anyone can learn to invest wisely with this bestselling investment system!

Through every type of market, William J. O’Neil’s national bestseller, How to Make Money in Stocks, has shown over 2 million investors the secrets to building wealth. O’Neil’s powerful CAN SLIM® Investing System―a proven 7-step process for minimizing risk and maximizing gains―has influenced generations of investors.

Based on a major study of market winners from 1880 to 2009, this expanded edition gives you:

Proven techniques for finding winning stocks before they make big price gains Tips on picking the best stocks, mutual funds, and ETFs to maximize your gains 100 new charts to help you spot today’s most profitable trends

PLUS strategies to help you avoid the 21 most common investor mistakes!

“I dedicated the 2004 Stock Trader’s Almanac to Bill O’Neil: ‘His foresight, innovation, and disciplined approach to stock market investing will influence investors and traders for generations to come.’”
―Yale Hirsch, publisher and editor, Stock Trader’s Almanac and author of Let’s Change the World Inc.

“Investor’s Business Daily has provided a quarter-century of great financial journalism and investing strategies.”
―David Callaway, editor-in-chief, MarketWatch

“How to Make Money in Stocks is a classic. Any investor serious about making money in the market ought to read it.”
―Larry Kudlow, host, CNBC’s "The Kudlow Report"

From the brand

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Publisher ‏ : ‎ McGraw Hill; 4th edition (June 8, 2009)
Language ‏ : ‎ English
Paperback ‏ : ‎ 464 pages
ISBN-10 ‏ : ‎ 0071614133
ISBN-13 ‏ : ‎ 978-0071614139
Item Weight ‏ : ‎ 2.31 pounds
Dimensions ‏ : ‎ 5.6 x 0.9 x 8.9 inches
Reviewer: Edmund P. Leigh
Rating: 5.0 out of 5 stars
Title: William O'Neil Shows the Way to Gain Wealth Systematically
Review: William O'Neil the author has just published his magnum opus and its a wonderful book to show the small investor how to attain wealth in an effective and systematic fashion.This book is a guide to understand how the Stock Market really works. William O'Neil perfected his CAN-SLIM method in the 1960's to make himself a multi-millionaire. He felt that his investment system was something most people could learn so he launched a newspaper in 1984 called Investment Business Daily (IBD) to teach small investors how to invest well and increase their net worth significantly.During the go-go Bull market years of the 1990's IBD reached a subscription level of over 300,000 subscribers and competed head-on the the venerable and established Wall Street Journal (WSJ). I am convinced IBD is the superior newspaper because it specifically teaches the small investor how to outperform Mutual Funds by using the small investor's main advantage - the ability to get in and out of the market quickly. This advantage when properly used allows the small investor to avoid the major damage of a huge Bear market downturn such as in the case of 2001-2002 and also in 2008. Mutual Funds being so heavily invested with billions of dollars of stocks are not so nimble; consequently they usually take heavy losses during large market downturns such as in 2008.His system is called CAN-SLIM. It is a complex set of rules; so allow yourself two years to learn the basics. You will have to master the reading of technical charts and understand fundamentals of various companies. You need to understand concepts such as Sales, Earnings, Return on Equity (ROE) , how Mutual Funds operate, accumulations, distributions, relative price strength (RPS), cups and handles, breakouts, 50-day moving averages, base failures, puts, calls, pivot points, double bottoms, growth stocks vs value stocks, accumulation days etc. Understanding these concepts is not for the faint hearted; there is a lot to learn.O'Neil will show you the way with his book. Unfortunately the rules are very, very counter-intuitive and contrary to so called "conventional investment wisdom" and what most investment pundits advise. It will probably go against everything you have been taught in life. That is why most people have difficulty applying CAN-SLIM methods because it is so counter-intuitive. For example: What really works well is to buy high and sell higher. We are conditioned to buy low and sell high. This latter approach is not effective in the stock market but most people buy in the "conventional wisdom" manner and in many cases get clobbered. 98 % of individual investors buy stocks this way and it is not effective. You also need to know when the Bear Market is coming so you can exit and go to cash for safety. IBD provides the early warning indicators when the Bear is near.There is much to learn in order to win against the Stock Market and how it really works. But it can be done ! To do so you need to be a hard worker and be able to learn from your mistakes. Learning CAN-SLIM is similar to learning upper-level math courses such as statistics. There are no royal roads or shortcuts in learning and applying CAN-SLIM rules. It is not an easy subject to learn. You should also have access to the Enhanced Daily Graphs to see both the Fundamental and Technical Analysis displayed on one page. You will need these tools to win this financial war; these tools provide the key financial intelligence to let you know what is really occurring in the world of the stock market.I also recommend you keeping notes in a journal of some type. This will help you to learn the skills needed. You must also develop a skill in reading the charts to understand the psychology of what is happening in the market place. There are about 100 charts of past winners to study which provide the guide for picking future stock winners if you are able to recognize the patterns. If you can read the past history well you can predict the future. It will appear like you are looking at Latin and Greek symbols at first and will seem unintelligible for awhile but after much practice you will readily start seeing patterns. These patterns provide the entry and exits points for effective stock buys.Why is learning this method so hard ? Here are some of the key CAN-SLIM rules that must be mastered if you do not want to financially hurt by the Stock Market:1) Buy stocks above $ 20 per share at the optimum pivot point in a buying surge during a strong Bull Market and sell at a higher price.2) Always cut your losses at 7 - 8 % when buying.(Most important rule).3) If initially successful; pyramid your buying up.4) Stay in cash during a Bear Market.5) Never argue with the Stock Market; it is always right.6) Concentrate your stock buying and watch your stocks closely.7) Do not over diversify.8) Read the investment classics by Jesse Livermore, Gerald Loeb, Benard Baruch and Nicolas Darvas. They are the pioneers in this field and the teachers that William O'Neil discovered after reviewing over 2000 stock investment books in the early 1960's. Only few authors such as Jesse Livermore and Gerald Loeb were deemed worthwhile. William O'Neil learned their methods, added some of his findings and crafted their wisdom into a complete and effective but complicated system called CAN-SLIM.9) Keep your ego in check. Stay objective. Don't celebrate too much when you win; Don't get depressed when you get losses.10) Keep your gains big & Keep your losses small.11) Buy high and sell higher (very counter-intuitive !)12) High diversification of stocks ensures mediocrity; Concentration in the right stocks leads to large gains.13) Yearly gains of 20 - 100 % are possible in strong Bull markets while in Bear Markets your capital is preserved.I have also subscribed to the Wall Street Journal (WSJ) for twenty (20) years. But the WSJ does not provide the information that is in IBD. IBD is unique and is an investment education conduit for people who are active learners and who wish to increase their net worth significantly.The WSJ has some good in-depth articles on business news but doesn't inform the small investor when to be in or out the market or how to pick the best growth stock leaders. This is the gap which IBD fills ! I am convinced IBD is by far the more valuable newspaper for the small investor.Effective use of the IBD tools is like a financial light sabre that will allow you to make significant financial gains especially in the first year of a strong Bull Market.These methods are for those who do not mind hard work. You must be able to learn from your mistakes and be tenacious in learning the complexities of the Stock Market. If you are looking for an easy way to make significant money you need to look elsewhere. You will not be happy trying to learn very complex and counter-intuitive concepts. If do you pursue this study; it will probably take you at least 2 years to learn CANSLIM well. It is an art as well as a science.What about actual results ? I am a Chief Engineer in Aerospace and the skills and knowledge I have picked up in the last 5 years with O'Neil's system has added about $100,000 each year to my savings since 2006. The time I spend on it each week is about 3 to 4 hours so it is like having a second job. I have not quit my day job but with the extra savings I have more peace of mind and with three children to send thru college in the near future I am confident I will be able to do so. In short - I may not be on easy street yet but I feel like I am out of the salt mines. This CANSLIM approach has worked well for me and I hope to improve my skills in it by continued study. I plan to get better at this. This system does work well.Thank you Mr. O'Neil......you are a great teacher and wonderful philanthropist for the small investor. Highest recommendation for you, the reader to use this system to make money in the stock market.

Reviewer: Rajesh Sur
Rating: 5.0 out of 5 stars
Title: Best book ever written on investment along with valuable chart of past winners
Review: I have been an active CANSLIM investor since 2005 now and subscribe to their IBD, eIBD and their Daily graphs research tool. My investment return have beaten s&p 500 by many folds in the last 5 years thanks to IBD. One of the best investment book in stock is How to Make money in stocks.Some of the valuable insights inside the book are1. First 100 pages of 100 charts of the biggest winners of the last 100 years this itself is worth more than the money of the book and shows the exact buy points sell points and how to hold on to the winners.2. There is a correlation between the market in 2009 and the market in 1938 and what will happen in the next few years.3. Thanks to IBD big picture as always I entered into the market in 2009 during the March 12th follow up and have since gained more than 60% as of date.4. Biggest winners of mine during this rally of March 12th 2009 are Nettease, Shanda Interactive, Visa, Vistaprint, Priceline, Netflix, HDFC bank.5. After going through IBD I have stopped reading other publication or switching on TV to watch other finance programs.6. Their CANSLIM approach kept me out of the bear market of 2008 and fully invested in cash except for few tradings of Continental resources when the oil commodity went up.7. People say you cant time the market. I say you can time the market with IBD. Just read the IBD big picture and you can mark your entry and exit out of the market with good returns.8. In a general uptrend one can make 25% easily and if compounded over 3 good stocks from IBD's 100 , 85-85 list and NASDAQ on the move one can double their money ina single year which no mutual fund will ever give.9. This is one book which doesnt give opinions but only facts and its for one self to do the research and implement it when they invest. Daily routine of 30 mins and 2 hours on weekend to profit immensely fromt the CANSLIM methodology described in the book .1. Read IBD big picture.2. Watch Daily stock analyis on the Investors.com website.3. Watch market wrap at the website.4. Read stocks on the move.5. Read Nasdaq stocks on the move.6 Invest in Nasdaq stocks they are the biggest movers.7 Investors education at B1 of the paper.8 Read the IBD 85-85, IBD 100 and Big Cap 209. Read the base reader column in IBD paper in B3.10. Go through the research table and identify top 5 sectors and the leading stocks in that group from stock check up in investors.com.11. Read Bill O Neil books every 3 months they are the only investmentbook I ever read.12. Read other books by Jesse Livermore, Nicholas Darvis, Gerald O loeb.13. Dont over diversify your portfolio.14. Three growth stocks with accelerating earning over past 3 quarters,good ROE, accelerating revenure over past 3 qtrs and touching new high and coming out of a base and purchasing at the correct pivot point is all what is needed to get the portfolio of 3 good stocks.15. One doesnt need to be invested at all times.16. Time the market with IBD big picture and sit out during correction.17. Attend IBD workshop atleast 2 times a year to rehearse the system . Do the above and see your portfolio grow.Thanks William O Neil for all the 100 charts this is a good addition to the chart school worksbook I have from level 3 course. Please keep the good work and congratulations to IBD for their 25th anniversary and for many more 25 years to come. Good luck to all the investors who have a dream and who rely on Investors Business Daily to make their dream come true along with the 3 Ds in investing which I have learnt over the years from IBD which is Discipline, Dedication and Desire.

Reviewer: Chiorisi
Rating: 5.0 out of 5 stars
Title:
Review: Was supposed to have arrived with another item but the other item was not in the package.However, this is a handy book with good tips.Well written and organized.

Reviewer: Anónimo
Rating: 5.0 out of 5 stars
Title:
Review: Libro que hay que leerse varias veces. Viene con mas de 100 gráficos con explicaciones para que aprendas. Explica volumen, la lógica para las growth... Librazo!!!

Reviewer: raj
Rating: 5.0 out of 5 stars
Title:
Review: Everyone should read this 20 times atleast

Reviewer: Javichu62
Rating: 5.0 out of 5 stars
Title:
Review: El producto que buscaba

Reviewer: Gary Felice
Rating: 5.0 out of 5 stars
Title:
Review: "How to Make Money in Stocks: A Winning System In Good Times And Bad, Fourth Edition" by William J. O'Neil is an absolute gem for anyone serious about investing in the stock market. As someone relatively new to investing, this book has been a game-changer for me.Comprehensive and Insightful:O'Neil's approach is methodical and well-researched. He presents a clear, actionable system that demystifies the complexities of the stock market. The CAN SLIM strategy he outlines is easy to understand and implement, making it accessible for both beginners and seasoned investors.Real-World Examples:What sets this book apart is the wealth of real-world examples and case studies. O'Neil doesn't just tell you what to do; he shows you through detailed analyses of successful and unsuccessful stocks. This practical approach helps in understanding how to apply the principles in real market scenarios.Timeless Wisdom:Despite being in its fourth edition, the content remains highly relevant. The strategies discussed are not just for bull markets; they are designed to work in any market condition, making this a timeless resource. O'Neil’s emphasis on both technical and fundamental analysis provides a balanced approach that can adapt to changing market dynamics.Educational and Empowering:The book is more than just a guide; it’s an educational tool. The way O'Neil explains key concepts and market indicators is empowering. I now feel much more confident in my ability to analyze and select stocks, which has already started to pay off in my investment portfolio.Practical Tools and Resources:Included in the book are practical tools and resources that enhance the learning experience. The charts, tables, and lists of top-performing stocks over various periods are invaluable. O'Neil also offers access to additional online resources, which complement the book perfectly.Highly Recommended:Overall, "How to Make Money in Stocks" is an indispensable resource for anyone looking to succeed in the stock market. O'Neil’s winning system has stood the test of time, and his insights are both profound and practical. Whether you're a novice investor or looking to refine your strategy, this book is a must-read. Highly recommended!