I have some extra cash and want to buy some individual stocks. Any recommendations?

Question

Please give a reason as to why this stock, or these stocks, are a good buy now. No penny stocks please.

Answer 1

AA, TS, PZE

Answer 2

First of all, diversify. Don't buy one stock or even one type of stock. Historically, the Market has always done well overall, but patience is important. If you're looking to make fast money, don't buy stocks. In order to make fast money, you need to buy volatile stocks because these are the stocks that have highs and lows. You can make money if you're lucky, but it's a gamble. My choices would be high tech stock, blue chip (if you could afford it), and perhaps something with a popular manufacturing company and/or biological research, which is a booming area that has some safety. Good luck.

Answer 3

I like ETFs very much as a way of buying an individual stock that represents a broad or narrow section of the market. Five ETFs I have in my portfolio are streetracks Gold Trust (GLD), iShares Silver Trust (SLV), Gold Miners Index (GDX), all these because I feel gold, silver, and the mining stocks are in a generational bull market that has a long,long way to go, streetracks KBW Capital Markets (KCE) because the investment bankers are recording record profits quarter after quarter, and Powershares Water Resources (PHO) because Water Utilities and the companies that service them appear to be a very good long term investment to me. You can research any of the 5 ETFs I mentioned yourself at www.etfconnect.com. Any sector of interest is represented and you can simply buy indexes for the S&P 500, Dow, or Nasdaq 100 if you like. Good luck!

Answer 4

RECOMMENDATION of What TO Consider:

Community Banks are a good investment now, and have been for a long time. A bank, managed well, probably will not fail.
A community bank will continue to do well; or it will get acquired by a larger bank; or both.
Stock in Community Banks is generally much cheaper than stock in Regional Banks or National Banks.


RECOMMENDATION of what NOT TO consider:

Don't invest in a company that makes Telephone Booths exclusively, no matter how good their product is. The market for telephone booths (even good quality ones) diminishes each year.

Answer 5

I would look for new start up banks. most of these are 80% or more invested by local people. In particular look for new banks in which local business leaders and millionaires are invested. They are not likely to lose their money. stasrt up banks usually run around 10 to 20 bucks a share but they alsousually pay a dividend after 3 to 5 years, and usually offer at least 2 splits (2 for 1) during the same period. Most all banking companies started like this, and most have or will either grew large of be brought out by large companies with nice share prices.
Some start up banks will not allow outsiders to purchase or use post office boxes as a place of residency as they wish to keep in town customers as share holders. you can usually get around this by asking for a checking account.
A broker once told me he would take coke stock for security and returns over any stock in the business and he may have something there. Butit's a long term investment to make money.
I am more into the risky types .but offset my risks with banking stocks.

Answer 6

Buy stocks rated highly in Investor's Business Daily, sell if they drop 7%. CBOT, maybe, fuel and energy stocks are doing great, the market is in a confirmed rally as of today, but has had trouble rising for months, probably best to wait for now.

Answer 7

Hi, i know what your question means. i also think stock market is a nice place for investing.

I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on.

http://www.bernanke.cn/stock-trade/

Best Wishes && Good Luck!

Answer 8

Wal-Mart

they are the number retailer in the world, and the stock is very affordable too, about $45 per stock!

Answer 9

Try buying orange juice stocks or energy drinks.And sell it to consumers especially those who are athletic people.Its better if its summer becoz people tend to be thirsty therefore increasing the demand to supply more.Go back to ur economics pal. Make use of your extra money wisely.Stock Markets really forget the basics becoz they are indulged more with competition.'sigh'

Answer 10

Well I'd love to tell you to invest in the stocks I own, but that wouldn't be right.

What companies do YOU know about and like. What is your investment style?

Here's a tip, invest in yourself..pay down your debt.

Answer 11

Biogen IDEC - very strong company. I invested 2 years ago at about 55 - since then its gone to 75 and split.

ticker: BIIB