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2006-07-11 03:52:47 · 3 answers · asked by jsesucalrso 1 in Business & Finance Investing

3 answers

BRK - A shares

2006-07-11 04:16:55 · answer #1 · answered by insuranceguytx 5 · 0 0

NXG... Northgate Minerals.

July is usually a bad month for gold stocks, but there is a lot of gold pressure due to N. Korea and Iran.

NXG is almost 100% lower than the average valuation in their industry.

NXG hasn't missed an earnings estimate yet and they are going to blow the top off August earnings as they bought back some of their gold hedge.

My target price for NXG is a minimum of 7 dollars within 8 months. Also, NXG has very good potential to be aquired by a larger company, which would skyrocket the stock. As of right now it is trading at 3.69.

Best of luck.

UPDATE: Mutual funds are the scam of the financial world and they are for lazy/stupid/cowardly people. Research your own stocks, do your own DD. That is if you have the time and ability (90% a function of discipline).

I just sold a stock (IHR) the other day at 10.02 that I bought in April at 5.68. I saw that it was a great company: tremendous fundamentals, good managment, low risk, attractive sector and was SIGNIFICANTLY UNDERVALUED.

Check out Robert Kiyosaki's article "Why Mutual Funds Are Lousy Long-Term Investments" for more explanation why they are a waste of an investment and a big sham for a blue collar investor.

2006-07-11 03:57:35 · answer #2 · answered by gravvyboat 2 · 0 0

If you are asking that question in this forum, you are obviously a naive investor. You should avoid buying individual stocks and put your money in a no-load mutual fund.

The fact is that if anyone knew of a stock that was going to outperform, they would buy it & that would bid up the price, making it less likely to outperform for later investors.

Academic studies show that new information gets imbedded in prices almost immediately. That means that if someone tells you here that there is good news for a company, that good news is already priced in.

The only way to beat the market on a regular basis is to have private information. There are three ways to get private information. One is to have insider information (which is usually illegal to use in tradnig). One way is to pay for it -- taking away the advantage. The third way is to gather up all public information on your own & glean information from it -- leading you to realize the private information that causes the public information. In other words -- use fundamental analysis. Since there are other people doing this analysis on big firms -- the payoff isn't going to be high, since they will probably ge tthe information before you.

That means that profits are to be made in smaller firms where no analyst is covering the company. You can be the first to learn what the public information means. Unfortunately, doing this involves a skill and knowledge that most people don't possess. And it is certainly a knowledge that you aren't going to get asking here.

No load mutual funds are your best bet.

2006-07-11 05:22:36 · answer #3 · answered by Ranto 7 · 0 0

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