Any stock with immediate upside potential.?

Answer 1

house mouse gave you the best answer and I agree. There are other indicators that now is not the time to be pumping money into stocks. The charts of every average that I watch is doing poorly. I disagree with house mouse on one point perhaps. I am not sure that later on this year will be a good investment opportunity.

Answer 2

Taranto is right on with his point.

My answer is : Yes their are MANY stocks with IMMEDIATE upside potential.

OK - You must do your own homework on these stocks, and your "DUE DILIGENCE". Realize that these stocks have already gone UP, and now are NOT as cheap as where I bought them-that is a danger in itself, so do excercise care.
Understand I picked all these stocks thru scanning with technical analysis, and then passing them thru criteria of financial ratio analysis you can find on Yahoo Finance, under "Key Statistics". This is the homework I am talking about.

I have about 20 hours of checking and scanning in these stocks and some others that I found, so it takes time.

What I call short term is less than 6 months, so be aware.

Many many stocks do I like. I hold six in my portfolio.

1/ Hooper-Holmes,[ symbol HH] It is a health insurance administrator that just invested mucho bux in a new IT set up.

2/ Louisanna Land & Exploration Royalty Trust [Symbol LRT] An oil royalty trust that suffered massive damage last year and is getting it back together. I have been following and trading this stock for 6 years.

3/ New York Mortgage [Symbol NTR] A mortgage company structured as an REIT.

I have limit buy orders waiting on prices moves for a gold ming stock, a silver mining stock, and I have a postion in a small exploration stock specializing in copper.

I am watching TRA, SEN, FRG, CLG, EP, & SGN.
ZL, GPK, PME, GT, to see how they move as this market changes. They might become candidates for me.
If you look at my previous answers, you will find my methods of scanning and my sources.

These are my OPINIONS only,and each and every time you give someone money, you lose that money. Your only hope is when you GET money out, to make money, so BE CAREFUL. Remember, A fool will believe anything, but smart people watch their step!

So there is a starting point, but Learn how to do the homework, and they you wont have to depend on anyone else.
IF you are using real money, becareful. My real advice is to learn how to do this, and then run it on paper for at least 6 mo's preferably a year, to expereince lots of market conditions. Yahoo Finance Portfolios are helpful in this regard.

Good Luck

Answer 3

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 trading). 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 get the 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.

Answer 4

It is actually quite dangerous to ask questions like this to anyone. I learnt the hard way too many times and i am wised up now. You should try to learn a bit about the market linguo, then the technical analysis, before you understand them, do not, DO NOT go out and buy stock on someone else's recommendation. RULE #1 to play the stock market is NOT to follow your emotion.

Answer 5

just from a charting perspective, WWEN
nice big pennant forming on this penny stock

could run to a buck from here at .15
in some month or two or 3

i'm not in it......but salivating at the chart today