Investor's Corner: Use IBD Resources To Find Market Leaders

Patrick Cain Tue Apr 22, 5:51 PM ET

Before making your riches, you first have to do the hard part: finding good stocks.

Investor's Business Daily is replete with resources to find potential winners, though some features stand out because the companies are handpicked by IBD market writers.

With the market in a confirmed rally and a number of highly rated stocks breaking out, it's crucial to have some stocks researched before they reach buy points.

Checking these IBD resources, you can have a plump watch list of stocks with leadership potential.

Daily Stock Analysis is found at IBD's Web site, Investors.com. The analyses usually examine stocks with solid fundamentals that are in a base or near a possible buy point. In some cases, though, Daily Stock Analysis examines topping signals.

The Nasdaq and NYSE Stocks In The News columns offer a breakdown of a company's fundamentals. The stocks chosen also are in a base or near a buy point. These daily columns are found in IBD's B section and include about 20 charts of charts at or near new price highs.

For a deeper look at growth companies, read The New America each day and IBD 100 profiles, which sometimes appear on the front page. Brief profiles also appear each Monday.

Your Weekly Review, the IBD 100 and IBD Big Cap 20 are lists of leading stocks. Pay special attention to those with boxes around their charts.

On Fridays, Weekly Review includes a column that highlights specific industries and stocks. On Tuesdays, the Big Cap 20 column serves the same purpose.

Don't forget the IBD Research Tables, which are designed to highlight the leaders in each sector, plus key tables such as Stocks On The Move, Stocks In Bases and Stocks Just Out Of Bases tables, all in the B section.

Study these resources, and you'll find the market leaders, usually in more than one feature.

Schlumberger (NYSE:SLB - News) was a leader in 2007. The oil-field services provider was profiled in our IBD 100 coverage as it formed a base. It also was featured in Stocks In The News three times when it neared proper buy points.

Moreover, the stock was part of the IBD Big Cap 20 list several times as it formed bases or once it was in an advance.