I have added a new page to the blog today. You may notice it on the top bar as the last link (as of Sept 28,2010). At this moment, the page contains the various stock watch lists I have created for myself.
So what are watch lists?
Simply stated, a watch list is a list of stocks of interest. One of the minimum requirements should be that the latest price should be updated automatically. Additional features could be the ability to setup a custom parameter which may help us determine which of the stocks are most attractive for further research.
Typically I had setup watch lists in Yahoo Finance/ Google Finance portfolios. I have now moved to using Google Docs ( spreadsheets for the watchlists). In earlier articles, I talked about the functionality and power offered by Google spreadsheets ( mainly the ability to retrieve price, P/E, Market Cap, 52 week price range, EPS).
In the article on “Search Strategy“, I talked about various ways to look for stock investing ideas. One of the most common methods used by value investors is to look at the 52 week low list. There is a watch list for that ( borrowing from Apple’s There is an App for that)
Similarly, I have a watch list for S&P 500 stocks by low P/E ( another common value strategy).
I created a watch list to track various retailers. And Finally, the very first spreadsheet I created to show how to create a watch list and track a portfolio is also shared.
I hope to add to this collection as I find time and get additional ideas. Also, I would like to link to the spreadsheets created by others who want to share it with all of us. Please send me an email if you are interested.
