I need a few more stocks in my portfolio. Any good recommendations of any that are a good buy now?

Answer 1

If all the experts in picking stocks were right they would be so rich they wouldnt be giving advice anymore.

Fools rush in where angels fear to tread. so for what it is worth which is probably not much, I offer the following.

Valero,[VLO] the largest US refinery company. No refineries have been built in the US since the seventies. Refineries turn oil into gasoline and represent a bottleneck in the gas chain. The stock at current price has risen over 100 percent in the oil crisis, and is not the bargain it was. This price, however includes a drop over 20 percent in the past month.The reason to buy is the view that oil prices are going to stay high for some time, that refinery capacity is overstretched, americans are going to go on using gasoline and Valero has at least another 2 years of growth.Todays price may be a bargain over that period. horizon 2 years. Watch carefully what happens the oil and refinery busiiness

Citibank [C]the largest and one of the most successful american banking institutions with a global outreach. This company has done well over the years. Over the past 3 years earnings have been stable [around 2 billion]. The share price has varied little over the past 5 years. Company earnings are on the rise again in 2006. At the current price to earnings of 10 and dividend of 4% it is difficult to go wrong on this blue chip.[most stocks have 2% and less dividend yields] Without appreciation it returns a tax favored dividend of 4% and at the present price and current momentum stock appreciation is likely. Down side risk is minimal. This is .a stock for the long haul, you can put it away and forget.

And if you are a gambler:

You could try a SMALL bet on the future of Canada's oil sands with Strata Oil and Gas [ SOIGF].OTC trading. This small company has some interesting property rights in the oil sands area. At the present price of oil,[ it is expensive to extract oil from sand] the oil sands with as large reserves as Saudi Arabia will increasingly meet american oil needs. This company's property rights could be worth big money to one of the large companies at a future date. Only for gambling money.

caution: I am an amateur investor with no claim to expertise, just sharing my own current thoughts for fun. I own all 3 of the above and have held them for approx 1 to 2 years. Am up 150% on valero, approximately even on C and SOIGF

Good luck

Answer 2

You mention 'more stocks' which implies you already have some. How did you get those - what criteria did you use? You should know something about stocks already - and to minimize fees and commissions, look at discount brokerage houses that you can trust (Charles Schwab just lowered its fees and has online trading for its clients but Schwab is just one of many such companies - however, they do have a pretty good reputation.) Any big company like Schwab has some investing education online for clients but you can also get a solid background in understanding the market by looking at various websites like morningstar and reading reuters. Forbes also has good information - there is really no shortage of good websites for this - if the name attached to the website is well-respected and established. Next, take your time and use the tools they give you for screening stocks. The finance section of Yahoo! is also excellent, by the way. You can specify price, P/E ratio, capitalization, etc. and even compare companies online. Don't hurry, know what you want (very difficult to have the goal 'Get rich quick' and actually do it with the stock market, even with a brilliant broker), take your time, err on the side of caution. Don't invest money you can't afford to lose - frankly, it is just gambling and just as dangerous. If you can't afford to lose your money even with the best research you can do, look for a good mutual fund. There is at least as much information on those financial sites about mutual funds.
There are people who have a magic touch when investing - just fewer than you would think. Mutual funds succeed by hedging their bets, moving quickly, extensive research - and still don't do well in many cases. But all of the performance histories for mutual funds and stocks are there for you to see.

Answer 3

Buy ONLY stocks of things you are interested in and you see your family and those around you using daily.

I prefer power companies... all type, gas, electric, wind, petroleum..etc.. The world will not be going back to the amish way of living any time soon, so I focus on futuristic investing as well.

There are many MANY companies that allow you to buy direct without a broker & his or her high fees. I have 99% of my stock portfolio in these companies and am doing WELL ! Of course I have many that aren't power companies for I believe in diversity . You can find companies of all kinds that offer this direct purchase by searching : "stock direct purchase plan" and go from there.

Just DO your homework, if you get a bad feeling about one particular company, move on from them and keep looking!
Happy Investing : )

Answer 4

Try my company, Wyndham World Wide. We are in the lodging and timeshare industry. Some of the hotel brands we own are Wyndham, Ramada, Howard Johnson, Baymont, Amerihost, Travelodge, Days Inn, Super 8, and Knights Inn. Also, we have the world’s largest vacation exchange network called RCI Global Vacation Network. Here are more details with these links. Hope I helped!

Answer 5

I don't think anyone can answer this unless they know what is in your portfolio. Over the past year, numerous companies have taken hits just for missing their numbers by a penny. Get diversified and buy ETF's.

Answer 6

You don't have the right mindset or plan to make money in stocks... Do yourself a favor and get a good broker

Answer 7

small cap mutual funds are doing very well right now.

Answer 8

You can check it out here:

http://www.inside-alpha.com/