2007-05-06 04:43:45 · 5 answers · asked by Man In The Long Black Coat 1 in Business & Finance ➔ Investing
Still plenty of potential. As the market goes higher, you must become more selective and pick stocks that can continue to produce strong earnings and dominate their niche such as:
ATT, Pepsico, ExxonMobile
2007-05-06 07:46:16 · answer #1 · answered by jbcwill1 2 · 0⤊ 0⤋
There is always potential. It really is actually a market of stocks instead of a stock market. Even on 9/17/2001, the first day the markets opened after 9/11, there were 904 stocks that went UP in value (out of about 7100 stocks total). One stock, CETV, actually went up 435 %. So there is always potential, even in down markets. Better yet, learn to sell stocks short and you have the best of both worlds.
2007-05-06 20:29:06 · answer #2 · answered by Romans 1:22 4 · 0⤊ 1⤋
It's never too late. The potential depends on whether or not you are looking for a quick buck. If you go slow and be selective there is definitely potential in the long term. Short term...who knows?
2007-05-06 15:18:47 · answer #3 · answered by Mystery 6 · 0⤊ 0⤋
There's always potential. You did know that you can short stocks and make money when they go down right? Buy about 5 books on options trading and you'd be amazed at what you can do.
Jeff
http://www.best-stock-trading-systems.com/option_trading_system.html
2007-05-06 23:53:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
There are still stocks "on sale." You just need to do your research. Services such as Morningstar, Schwab, Fidelity, etc. can provide information on their opinion of companies and whether they think a stock is over valued or on sale.
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2007-05-06 15:05:18 · answer #5 · answered by Robert L 7 · 1⤊ 0⤋