anyone know of a good company to invest stocks in right now that will benefit me quickly (its not real money, its for school)
2007-03-16 17:34:26 · 8 answers · asked by blahblahblah21 3 in Business & Finance ➔ Investing
Boy, if I knew that answer, I would not have to work for a living.
But, seeing as its a simulated exercise for school, here is my suggestion:
The subprime mortgage meltdown is presently affecting all subprime stocks - most of these are good solid companies that committed the sin of being in the same business as a few poorly-run companies that went belly up.
You can double or triple your investment by buying NEWC, AHM, LEND, IMH, or NFI.
When the storm washes over in the next few days or weeks, the survivors will see their stock prices zoom way up.
By the way, I would not use real money on them - the risk is simply way too great to bet your savings. But for a school exercise, its a fair bet.
2007-03-16 17:46:29 · answer #1 · answered by InspectorBudget 7 · 1⤊ 0⤋
the stock market is crazy right now. If I had to choose a solid company id go with Halliburton. Ticker is HAL. Try to buy them around 29 dollars a share. Also, Home Depot at 37 is a good buy. If this was your money, I would wait to invest. But since its for school, go ahead. Try picking up CAT at 62 or 63.
2007-03-17 00:47:40 · answer #2 · answered by Hello11 2 · 1⤊ 0⤋
The problem with school projects like this one is that over the short term the price movements of stocks tend to be pretty much random and any suggestions that I (or anyone else here) could give you would pretty much be guesses. That said I'd recommend 'buying' stock in companies that have gone down lately for no particularly good reason--they often perk back up.
You could try: LH, SCSS, ASPV
In general go with smaller stocks as these tend to be more volatile than ones with larger market capitalizations.
2007-03-17 02:30:18 · answer #3 · answered by Adam J 6 · 0⤊ 0⤋
Ticker DOW (Dow Chemical) is in merger talks, if they are bought out the stock price will increase significantly, if it happens it will be in the coming months.
Looking for short term action is never wise, it is better to look long term, take a strong company and hold it for many years.
2007-03-17 00:37:59 · answer #4 · answered by Steve 3 · 0⤊ 1⤋
ok chances are you have weeks not months so dow is out.
NEWC is DELISTED and will file bankruptcy hence the C added to it. Stay away from it. In fact stay away from all sub prime lenders. If you want some GOOD advice head to CNBC.com and look at the standings of the million doallar challenge and see what they are doing.
2007-03-17 02:09:43 · answer #5 · answered by Anonymous · 0⤊ 1⤋
well there are a couple of massage houses i would like to invest in that are right outside of los vegas
2007-03-17 00:45:08 · answer #6 · answered by Anonymous · 1⤊ 1⤋
eBay, Immucor (Blud), II-VI (IIVI), Stryker (SYK), Novartis (NVS), GRP. Good luck!
2007-03-17 02:26:16 · answer #7 · answered by Yardbird 5 · 0⤊ 0⤋
PLLL, ACP, MHS
2007-03-17 09:05:14 · answer #8 · answered by franksprung 3 · 0⤊ 0⤋