The unfolding technology revolution and the sheer energy of the American economy means there are plenty of 3G shares (great growth, great story, great chart). The further fact that we are , I believe, at an early stage of a new bull market, or a new leg of an ongoing US bull market, means that there are a growing number of shares giving buy signals using my preferred indicators.
I am sure with a little research I could give you 50 shares that meet my criteria for the Quentinvest method - great growth company, timely to buy, suitable for leverage or not depending how you feel about that approach to investing.
The question is do we want to buy all 50 shares or whatever number we come up with or do we want to prune the list and focus on the real cream of the crop. So what else should we be looking for, some magic for sure but most great growth companies have that which is why they are doing so well.
If we want something, that final use of the sorting hat that puts Harry Potter into Gryffindor and us into what legendary US investor, Peter Lynch, called 10-bagger territory we need something really special, what I call 'something new'.
This is not rocket science and I am not unique in think such shares make great investments but, like so much else in the stock market that seems obvious, that doesn't stop it from working. If you can find a share that ticks all the boxes as a great share AND has 'something new' there could be fireworks.
There is one last element in this package - a really strong chart. We want a share which is so exciting that any sellers are being overwhelmed by a tidal wave of buying and the crowd (the fan club if you like) of followers is growing rapidly.
Such shares are not so easy to find. Everybody wants them but at least we are ahead of the game if we are really looking and at Quentinvest that is exactly what we are doing.
To get unique access to stock market news and analysis from Quentin Lumsden, one of London’s leading stock market experts, and to continue reading this article…
With Quentinvest, from as little as 68p per day you’ll learn about successful high performance growth-share investing – and how to apply it to make significant profit for yourself.
Find out more View portfolio performance figures