What are some good stocks to buy right now?
The S0urϡ asked:
I am a new investor, looking for some good stocks to buy right now with 50,000 dollars willing to invest. Do you know of any stocks that will be a good investment for a short or long term period? If so please name them with a ticker symbol. I know it’s yahoo answers and I am not going to buy every stock that you mention, I research every stock that is recomended to me, and am just looking for some ideas from someone who is experianced in stock trading. Thanks
I am a new investor, looking for some good stocks to buy right now with 50,000 dollars willing to invest. Do you know of any stocks that will be a good investment for a short or long term period? If so please name them with a ticker symbol. I know it’s yahoo answers and I am not going to buy every stock that you mention, I research every stock that is recomended to me, and am just looking for some ideas from someone who is experianced in stock trading. Thanks
Precious metals and agricultural commodities are in strong up trends that will continue for the next ten years. Take a look at GLD, DBA and JJG.
Asking other people which stocks to buy is not always a good idea. If you want to be a sucessful trader you have to learn your own unique trading strategy.
This website will help you learn different ways to make money in the stock market.
healthcare HCX
for short term
Johnson & Johnson JNJ
Coca-Cola COKE
Proctor and Gamble PG
for long term
Countrywide CFC
As a point of clarity
COKE is Coca-Cola Bottling Co. Consolidated traded on the NASDAQ
Coco Cola is KO traded on the NYSE (one of the 30 Dow stocks)
Suggest TMA (Thornburg Mtge)…now I know you’re going to thumb your nose because of the Mtge crisis…Here’s the dope on this QUALITY LENDER…38k loans outstanding with only 78 60 or more days past due…Lent only to those with sufficient incomes and equity to be able to REPAY the loan(s)…They borrow on s-t cheap and lend out at l-t expensive…The Fed will continue to cut the rates it’s charging so the spread these folks make will widen…Result: TMA more profits and we’ll also benefit from the hefty dividend as those rates drop…PEACE!
Precious metals are in strong up trends that could well be the next bubble. Remember tech stocks in 1999? Remember houses to flip in 2005? Many commodities are flying high right now just like those things were shortly before the bubble burst. I would stay away from most commodities at this point.
For long-term investors, I think the best investments are in solid companies that aren’t going to go out of business but have had their stocks beaten down severely by fear.
Right now, there are huge number of those in the financial area. GS, AF, BAC, even C are some that I like for solid long-term gains. Retail is another area where even good quality companies have had their stocks crushed lately. KSS, TGT come to mind there.
Sometime, probably this year, homebuilders will be a great buy. It might be too early yet, but they’ve been beaten WAY down and the ones that survive will likely shoot back up quickly once the dust settles. TOL, KBH are two I’m watching.
HD and LOW are two others that will probably bounce back strongly once the bottom in housing is within sight. They might not have bottomed yet, but I suspect we’re much closer to the bottom than to the top.
When allocating an investment, it’s always good to remember the importance of diversification. Having too much in one stock can be devastating if that stock takes a dive. I personally think at least 20 stocks of different size companies in different industries is preferred. With $50,000, that makes the allocation to each stock fairly small, which raises the impact of commissions, but if it were me, I’d still spread it across at least 10-12 stocks.