Checking for new highs for stocks at Barchart.com is a good way to find out which stocks are the best to own. Stocks which have upward momentum above the general market will make you richer a lot quicker although you will have to sell when the stocks reach their final peak. This will usually be when a company's fundamentals will not get any better. In other words, their sales will begin declining instead of growing. You can check the new highs link above to see for yourself which stocks are hot. I have also shown a table below where I will be tracking new highs for certain companies that I like each month.

For example, several mobile phone chip maker companies have been making new highs. This is also an unstoppable trend because cell phones are obviously popular. Another hot area involves small cameras. AMBA is a company which makes chips for cameras. We need to make money when we can because we only have so many years to build wealth. However, if I do not list any new highs for a certain month, I am signaling that it is a dangerous time to be in the stock market. If the major indexes are falling like they did in August of 2015, then the new high stocks will be taken out along with the indexes. So, you are better off sitting in cash under those circumstances.