The way that I find companies in which to invest is to look at the new highs of public companies. I use data from analysts as a guide to show me where the shares might appreciate. I am primarily a chartist and use the laws of physics to guide my decisions. That is, stocks in powerful uptrends usually continue higher, including Transdigm and Valeant Pharma. A recent example is EGRX, which has rocketed from 10 to 96 over the past year. Analysts like the stock, the chart is great, and in a solid uptrend. I have also done well with SUPN, another firm that is moving higher, and is similar to HZNP, which is closing in on 40.
People ask me if I should get an MBA or CFA. I tell them that is not what I do. I leave the analysis to those individuals, but read charts to see details before the news hits the wires, good or bad. If anything, devoting enormous sums of time to modeling the stocks I like would slow down my process. One example is GIG, and oem company that has moved nicely in the past week. If I were a pure analyst, and modeled this firm, the move might be over before I finished. That's counterproductive.
Also, I'll add that since I have a disability (hearing impairment) my world is visual, so looking at patterns in the world to help me navigate it is second nature. Reading charts is an innate skill, and many analysts are lost when trying to figure out why their models don't match up against the charts (if they even do that). I would say, then, that as a person with a disability, I compensate for the hearing loss in ways that those CFA's and MBA's do not and simply cannot compete against. Let's say I like Walt Disney, know the history of the firm, use analyst predictions, and the chart to buy the stock. I really think those are powerful ways to buy stocks without just one time consuming analysis. I like MIDD, HAS, MKL, for example, all long term growing stocks with solid charts. I found them on the daily highs list and bought all of them. I also bought Disney. I can do all of this without the CFA, because as a person with a disability, I don't need it to navigate stocks.