Are you getting started with personal investment? Do you want to know where to find top stocks? Scanning through daily market data can be tough work, especially for a beginner investor. These tips can help you in finding the hot stocks to buy, if you are getting started with personal investment.

Traditionally, personal investing meant calling up your broker and buying stocks on his or her recommendation. However, it is much easier for people to trade on their own behalves now. There are plenty of online resources that can be used by individual investors to find the top stocks.

At Barchart (www.barchart.com), investors can get a snapshot of the market on a daily basis. Barchart features the day’s Top Volume Leaders, Top Advances and Top Declines. It also features daily news and commentary on stocks. Barchart also provides investors with stock signals, which can help in finding hot stocks to buy. Investors can also use online resources to find the day’s biggest gainers and losers, stocks hitting 52-week highs and lows, stocks hitting all-time highs and lows, and volume leaders.

Let us look at an example for how can use these online resources to find top stocks. Suppose International Business Machines Corp. (NYSE: IBM) shares rise sharply and touch a 52-week high on above average volume. This could be a signal that the stock is gaining momentum and the market sentiment is bullish. Based on this information, investors can decide whether IBM is a good stock to have in their portfolios. Through online resources such as Bloomberg and Reuters, investors can also find out what is moving IBM shares and whether the trend is likely to continue.

Another way of finding hot stocks to buy is by looking for analysts’ ratings. Investors can easily find the latest analysts’ rating changes and recommendations on stocks online. This is a very important tool as it gives investors an idea of what Wall Street is thinking.

Barchart has added a new feature that can help investors in finding top stocks. Barchart’s Analyst Ratings assesses a stock on a scale of 1(Strong Buy) to 5 (Strong Sell). Investors can also access latest earnings reports from companies online, since all publicly-traded companies make their earnings releases available online. Investors can use these to check the company’s financial performance. Barchart has also added a feature that can help investors in determining whether a company’s actual earnings for the past four quarters outperformed analyst estimates. These are only some of the many resources available for individual investors on a daily basis, which can be used to find hot stocks to buy.

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