What is a good relativly cheep stock to invest in?

Question

i am looking for a stock with good growth over time between the prices of $10-$30

Answer 1

I own Bolt Technology, symbol BTJ. This is a small company selling for around $20. They make seismic equipment that helps oil companies map out offshore oil fields. Their business is doing very well.

Here is a link to my portfolio at Top10Traders:

http://www.top10traders.com/ViewPortfolio.aspx?userID=5

http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Hope this helps.

Answer 2

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 undervalued, they would buy it & that would bid up the price, making it less likely to be undervalued for later investors.

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

All of this means that profits can 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 learn asking here.

No load mutual funds are your best bet.

Answer 3

If you are going to invest a significant amount of money, then I suggest you go to the Finance area of Yahoo, or talk to a broker (Charles Schwab, Merill Lynch, Scott Trades, etc) or a banker to review your investing objectives.

If you are merely "dabbling" in the market as a "get rich quick" strategy, hopefully with money that you can afford to lose, then take the advice that's offered on the Internet.

Answer 4

There are many good one out there. Here is a good site that might help you decide. See http://ibooyah.com

Answer 5

Check out Blockbuster, BBI. You will be happy.

Answer 6

allstocks.com

take your chances. maybe check out ethanol PEIX or SORD

Answer 7

MRVL, MSFT