Stock programs or those which perform all the analytical work for you so all you've got to do is invest accordingly based on the algorithmically crunched picks which they generate for you have been growing in popularity in the years since they became available on a consumer based level.
With that popularity, the number of stock programs on the market has gone up considerably, as well.
After years of testing dozens and dozens of programs, this article will reflect my thoughts on what is likely the best cheap stock finder of today.
Penny Stock Prophet is an analytical cheap stock finder which also happens to be one of the few stock programs which exclusively targets cheap stocks.
This is a substantial advantage in this stock program's favor because penny stocks behave by their very volatile nature with a great deal more profit potential.
It's just common sense that it takes less outside trading influence to affect the price of a penny stock versus a greater priced stock which is why you'll commonly see a penny stock go on a huge appreciation in value in the short term.
Because of this, stocks generated by Penny Stock Prophet oftentimes exhibit much greater jumps in value in the short term, making this program ideal for day traders as well as anyone with a little time to devote to the market and lock down a substantial profit in the short term.
Another great thing about this cheap stock finder is how actually works to find the stocks which it does.
It uses a technique known as stock behavioral analysis and comparison.
What this means is that it finds behavioral overlaps between well performing stocks of the past and current stocks which are exhibiting similar behavior.
This is the most precise way to anticipate the behavior of a current pick because behavior is very specific in this market.
Incidentally, this is the same method used by professional traders to anticipate market behavior in this technology was actually modeled after the same technology which the pros use in the major trading houses.