Many active traders create what they call a “watch list,” which is simply a list that records the daily share prices of a group of stocks over time.
It can be done very simply with a spreadsheet, or even a notepad and paper, although there are numerous software programs and utilities that assist in creating a watch list. Some online brokerage houses provide this service either for free or for a minimal charge.
Building An Effective Watchlist
U.S. stock exchanges list more than 8,000 issues, but the typical trader or fund manager accesses just a fraction of this bounty because they’ve failed to build effective watchlists. Identifying stocks that fully support working strategies requires a number of skill sets but,despite the learning curve, the effort is worthwhile because it creates a trading edge that lasts a lifetime.
A well-organized watchlist requires an understanding of our modern market environment, how different levels of capitalization impact price development, and how different sectors react to catalysts over time. Seasonality, sentiment, and economic cycles all come into play when picking out candidates you want to follow on a daily, weekly, or monthly basis.
WKHS Stock Analysis
Workhorse Group Inc is a technology company. It designs, develops, manufactures, and sells high-performance, medium-duty trucks with powertrain components under the Workhorse chassis brand. The company’s products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power train. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms.
NKLA Stock Analysis
Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.
TSLA Stock Analysis
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. It sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. It also makes solar roofs and plans to enter the HVAC market. The Tesla Roadster debuted in 2008, Model S in 2012, Model X in 2015, Model 3 in 2017, and Model Y in 2020. Global deliveries in 2019 were 367,656 units. Tesla went public in 2010 and employs about 50,000 people.
DIS Stock Analysis
Walt Disney owns the rights to some of the most globally recognized characters, from Mickey Mouse to Luke Skywalker. These characters and others are featured in several Disney theme parks around the world. Disney makes live-action and animated films under studios such as Pixar, Marvel, and Lucasfilm and also operates media networks including ESPN and several TV production studios. Disney recently reorganized into four segments with one new segment: direct-to-consumer and international.
The new segment includes the two announced OTT offerings, ESPN+ and the Disney SVOD service. The plan also combines two segments, parks and resorts and consumer products, into one. The media networks group contains the U.S. cable channels and ABC. The studio segment holds movie production assets.
BILI Stock Analysis
Bilibili Inc is a full-spectrum online entertainment company. It operates as a video sharing Website that covers a range of genres and media formats, including videos, live broadcasting, and mobile games. Its theme features include animation, comic, and game, where users can submit, view, and add commentary subtitles on videos. Geographically, the company is based in China and it generates revenues from mobile games, e-commerce, live broadcasting, and online advertising.
V Stock Analysis
Visa is the largest payment processor in the world. In fiscal 2019, it processed almost $9 trillion in purchase transactions. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
RCL Stock Analysis
Royal Caribbean is the world’s second-largest cruise company, operating more than 60 ships across six global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, and Silversea.
The company also has a 50% investment in a joint venture that operates TUI Cruises and a 49% stake in Pullmantur, allowing it to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price.
BA Stock Analysis
Boeing is the world’s largest aerospace and defense firm. With headquarters in Chicago, the firm operates in four segments, commercial airplanes, defense, space & security, global services, and Boeing capital. Boeing’s commercial airplanes segment produces about 60% of sales and two-thirds of operating profit, and it competes with Airbus in the production of aircraft ranging from 130 seats upwards.
Boeing’s defense, space & security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. The defense segment produces about 25% of sales and 13% of operating profit, respectively. Boeing’s global services segment provides aftermarket servicing to commercial and military aircraft and produces about 15% of sales and 21% of operating profit.
AAL Stock Analysis
American Airlines operates almost 7,000 flights per day to more than 350 destinations in 50 countries from hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. The company generated roughly $45 billion in revenue during 2018.
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