Got tired of losing money on random plays from reddit and actually built out a process for finding stocks that doesn't rely on hoping someone else did good dd
Setup is simple. screen for stocks with: actual profits (revolutionary concept I know), low debt relative to earnings, trading below historical PE or EV/EBITDA, some insider buying if possible.
Filters out like 90% of garbage tier companies getting hyped here, leaves stuff with actual businesses behind it. still opportunity for gains but less chance of buying something going to zero.
I use valuesense for running screens and checking fair value estimates. free tier covers most of what I need, way faster than digging through SEC filings.
Boring truth is stocks passing this screen aren't exciting names everyone talking about. Like... Williams Sonoma and Dollar Tree and Best Buy. real companies selling real things making real money. Crazy stuff.
Returns way more consistent since switching to this. less big wins but way less catastrophic losses from buying complete garbage. account up meaningfully versus last year when yolo'ing based on whatever trending
Not saying become warren buffett but having basic standards for what you buy makes difference imo.