I take a look at charts as a sanity check. Sometimes new buys seem extended already or running into some key resistance. After picking some that seem interesting, I do a quickie fundamental and technical analysis via IBD ratings and choose a few strong ones that I would feel comfortable holding for a while. Some days like today I take none, even though there were several new longs, other days I might take a handful. I try to diversify in the stronger sectors so that the stocks I have aren't too strongly correlated.