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It's for my economics class, and I will use $10,000 fake dollars and buy shares from at least three companies. Then I will follow them along and will see how much money I either made or lost.

2007-08-18 12:30:29 · 9 answers · asked by rotcfreak1 5 in Business & Finance Investing

9 answers

Heck that's a pretty broad question, most every stock at some point within the next 3-4 months will go higher. How high is another question. Then there's the price issue; what price range are you looking at. Anyway here ya go PCU will go higher, ESI will go higher and AAPL but this one could pull back 3-4 times before the end of the year. I made some fat money on PCU in the last three months and got out at $111.00 My brother also made some good cash with ESI. I think he got out at $112 or $114 and it then continued to $118.00. After the last couple of weeks correction these two are in Buy territory now. Apple is a bit more of a gamble, I like SGR better. Buy $3,000.00 worth of each and don't worry about small dips in the market they will rebound. Good luck with your assignment.

2007-08-19 02:11:35 · answer #1 · answered by Barney 6 · 0 0

I agree that 1) nobody can pick a sure winner; 2) you should do your own research; 3) you should concentrate on companies that you more or less understand. Your teacher's not going to grade you on whether you win or lose money, but on how well you prove that you understand the process. It's much easier to watch and understand what happens in the marketplace for a company like, say, Coca Cola than it is for Acme Consolidated Widgets.

Motley Fool is a couple of guys who wear clown hats and do a good job picking stocks sometimes (i don't understand about the clown hats, either.) You can look at their web site and see what they're suggesting and why.

2007-08-18 20:13:17 · answer #2 · answered by Barrabas_6025 4 · 0 1

You can use stock screeners from the Yahoo Finance or MSN Money sites. Look for stocks with relatively low P/E or PEG ratios, solid revenue and sales growth, and possibly high yield, which could suggest it is undervalued price wise. Avoid brand new stocks which ads tell you are fabulous.

You just have to poke around and do homework. There are a lot of fancy investing systems involving all sorts of slick ratios, but the bottom line is, you need a good company that is either undervalued or is ripe for substantial growth. Good luck.

2007-08-18 22:21:13 · answer #3 · answered by Joshua B 2 · 0 1

You can't know the future, we all just place our bets and wait and see. I happen to be watching MCD lately. I bought some at 27.55 a long time ago and it was over 50, I bought more at 48.6 a couple of weeks ago and now it is down to 47.51 or so it fell .50 yesterday while the market was up. It is predicted to hit 57.75 this year but I won't buy more at 47.5 because it is overweighted in my portfolio now. One kid dies of an undercooked burger and it could be down to 25 before you know it. Then I would sell everything to buy more.

2007-08-18 19:44:17 · answer #4 · answered by shipwreck 7 · 0 1

If this is a class project - you need to do the research! What if the teacher asks you "why did you pick these three companies"? Yahoo! Answers will not do ....

Check out Yahoo! Finance!

If we all could tell the future we'd all be rich, wouldn't we???

2007-08-18 19:36:48 · answer #5 · answered by terje_treff 6 · 0 1

Try selecting companies that you can relate to, or whose products you use. After all, if you're using their products, so are others. Look all around you for ideas - your computer brand, your car brand, your favorite breakfast cereal brand, the companies are right there before your eyes.

2007-08-18 19:47:03 · answer #6 · answered by Angie 6 · 0 0

Right now, you'd be best sticking with large-capitalization, high-tech companies. Try Microsoft (MSFT), Cisco Systems(CSCO) and Intel (INTC). Hewlett-Packard (HPQ) is also a good bet.

2007-08-18 20:09:23 · answer #7 · answered by Califrich 6 · 0 0

FYI in information one of the golden rules of Wall Street is DO NOT INVEST UPON RUMORS. If u to know your answer do some research or call your broker.

2007-08-19 01:38:15 · answer #8 · answered by alonso v 2 · 0 1

amty,amgi,aey

2007-08-18 21:31:50 · answer #9 · answered by bizzbagg 4 · 0 1

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