Would like to buy a $8 or so. Good speculative buy or not? Like to double investment in 1 year. Thoughts.
2006-10-16 14:51:39 · 7 answers · asked by richard w 1 in Business & Finance ➔ Investing
yes i just bought at 7.80 2 weeks ago - undervalued - great upside still a blue chip - buy 1/2 long and sell other 1/2 when it gets to 9.00 pps
2006-10-16 15:10:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you want to play Ford, I would suggest that you buy the preferred shares...at least you would be getting a half way decent dividend from it...and if the common stock went up ...probably not double...then the preferred would increase also...
speculative play????
trying to find a double is really hard...if you make 30%-40% a couple of three/four times...you made your double...
yahoo finance screen with 20%+ projected growth and price under $20
good hunting
2006-10-16 23:10:01 · answer #2 · answered by Gemelli2 5 · 0⤊ 0⤋
As with any stock, the current price reflects the public market knowledge of the true value of the company. In the case of Ford, the current $8 price takes into account market expectations of future earnings. For any stock to double in value in one year is rare, and not without risk...and given the current state of the auto industry, there is definite risk in this stock. That said it is probably equally likely that Ford will be at $4 than at $12 in one year. A better (albeit risky) play might be to select a diversified international fund in a region with projected high economic growth in the next 12-36 months. Even with recent stellar performance in markets such as China, 100% growth in one year is virtually never attained without pure luck. As with any risky investment, be sure to only invest money in this way that you can easily afford to lose some or all of the initial investment.
2006-10-16 22:05:25 · answer #3 · answered by Financeguy 1 · 0⤊ 0⤋
Nope. Invest in good index mutual funds instead of individual stocks.
2006-10-16 22:21:26 · answer #4 · answered by dllou1 4 · 0⤊ 0⤋
you would be better to invest in under water basket weaving now. ford is in big trouble
2006-10-16 22:01:28 · answer #5 · answered by roy40372 6 · 0⤊ 0⤋
Yea...a good SPECULATIVE buy. Cross your fingers and pray to God that miracles do happen.
2006-10-16 22:29:49 · answer #6 · answered by Mr. Main Event 5 · 0⤊ 0⤋
i prefer to buy foreign stocks such as asian stock...honda, canon, samsung...u know...they are very2 strong and keeps growing and growing...
2006-10-17 00:08:52 · answer #7 · answered by Raycious 2 · 0⤊ 0⤋