Picking that once in a lifetime stock – the Google, Apple or ASOS of this world – the one that allows you to become a millionaire while barely lifting a finger, is the dream. But with thousands upon thousands of companies out there to choose from, let’s face it, it’s difficult to do. Investors need to do their research in order to beat the market.
Star UK smaller companies manager Giles Hargreave once told me if you’re getting it right one out of three times, you’re doing well. And that’s from a professional. Picking stocks, especially small companies set for stellar growth, is hard. It requires a lot of patience, a lot of research and a little bit of luck.
That said, Hargreave, who has been in the business for the better part of 45 years, says there are many things investors can do to make picking a dud less likely.
To read Hargreave’s five stockpicking tips, download the latest edition of FE Investazine here. Don’t forget to complete our reader survey this month for a chance to win a case of fine wines.
Hargreave: How to pick stocks like me
18 April 2014
FE Alpha Manager Giles Hargreave reveals his five steps to ensure stockpicking success.
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