The vast majority of the publisher's that pick stocks do all the fundamental and/or technical analysis themselves. Quite a few have an experienced staff of professionals who do all the research in-house. Many have a very good track record of picking stocks that increase in value.

Note! Even though many advisors have good track records, they can and
do make mistakes. Always pick the advisor with the best percentage of
winners versus losers. You pick a penny stock-picker just like you pick a stock.
You want an alert service that fits your trading style and comfort level.

Just because your advisor has a good track record does not mean that
you can sit on your rear-end and not worry about anything. You still need
to do your own fundamental and/or technical analysis of your penny stocks. This is back-up work that you do for yourself. You can never know too much!

This is where having access to all those information providers really pays
off. Keep in mind that many newsletter advisors spend much of their time
visiting the very companies that they recommend. Many times, they'll
come away with good or bad information, that no-one else picked up on.

When you pay for an alert service, you're not just paying for a piece of
paper to show up in your e-mail box. You're paying for the research and all the time spent by that advisor trying to ferret out what's really going on behind the scenes of the company's public image.

Companies will tell you what you want to hear just like people will. Those
annual and quarterly report's can be sugar coated from A to Z. Things
might look real sweet on the outside, while a big case of the cramps waits
on the inside. This is why it pays to follow-up with your own research.

Alert services that have a good record got it by doing good research, not by being lucky. It's easy to see how having one good newsletter with a good track record can be a real plus in your investment strategy. A quality alert service can save you the time and energy required to find a bargain.

Again, don't get lazy! You can find good stocks yourself using software programs that will search out stocks that meet all the requirements that you program into it. You tell your software what kind of stock you want, and it will look for every stock that fits the profile.