k! screening for growth stocks leads me to believe you are interested in investing in a basket of growth stocks compared to value stocks. There are 2 sides to the coin... Value is one side, growth is the other side and when you have both sides, that is called balanced. Indexes hold both the growth and value stocks of the stock market. All academic research would suggest the best bet would be looking for value stocks because in aggregate both value and growth stocks perform similarly at the business level, only you're paying a premium for the growth stocks (because you think they're going to grow faster than the value stocks) and a discount for the value stocks (hence why we call them value). When the companies turn out performing the same, the growth stocks stop demanding a premium and the value stocks stop being discounted. It is generally considered wise by academics to take either a balanced or value tilt to your equity holdings. I have never read anything to suggest the risk adjusted or absolute returns of growth stocks are more promising than the balanced or value approaches. Tread with caution my friend!
If you are in Canada, there are ONLY 10 stocks you can buy and hold long term. If you are in the U.S. There are only 5. Mind you, Berkshire Hathaway is NOT one of them.
http://www.zacks.com/screening/stock-scr... I use this site a lot. You can customize what you are looking for and it will produce some great results.
I'm trying to create a screen to identify growth stocks and I wanted to know which fundamentals or criteria i need to make an effective screener? thank you to anyone who answers this :)