I have to pick 5 stocks and i only have 5000 dollars for a class. Any Ideas?
2007-09-13 11:10:21 · 10 answers · asked by Anonymous in Business & Finance ➔ Investing
well the problem here is Canadian therefore you are probably restricted to Canada Stocks.
therefore Tim Hortons would be a good choice
EnCana for oil and gas
Royal bank canada Quebec
Canada National Ry co (don't know what it is except for induustrial)
and Quebec Insurance Group
I just gave you five different companies in five different sectors and only know of the top two seeing as to how I am in the US. Diversify is the key though. Good luck.
2007-09-13 15:39:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You say, " . . . for a class". Are you saying this is a class project? If so, I have a hunch that if you go see a professional in the investment business, and get their answers, and then revise it to present it to class, you'll get some great ideas and make a great grade. I've invested some in the stock market, and that's how I made the best investments I thought possible. God Bless you.
2007-09-13 11:20:11 · answer #2 · answered by ? 7 · 0⤊ 0⤋
Go extreme and play the rate cut with some other low priced risks. if you are in class, it means you are young. Go nuts.
This is FOR CLASS ONLY.
buy:
1000 shares of LUM @ 1.60 = $1,060
500 shares of TARR @ 2.06 = $1,030
300 shares of RAD @ 4.88 = $1,464
300 share of DPW @ 1.76 = $528
1000 shares of IVD @ 0.78 = $780
When the rate cut announcement occurs, you will make o break yourself LUM and TARR. If the cut is .25 or more, sell at 150%. if less, SELL right away. RAD will be helped with s cut but it will have a conference call on the 27th. DPW & IVD complete speculation that I seen on the leader board today. Maybe good things?
2007-09-13 12:10:47 · answer #3 · answered by AntDU 5 · 0⤊ 0⤋
Get a stock charting program that allows you to define multiple exponential averages (incrediblecharts.com).
Google "GMMA" and learn how to set up and read this indicator.
Use it find five stocks that are in a long term trend.
Do anything else, and you might as well throw darts at a page of the wall street journal.
2007-09-13 11:45:41 · answer #4 · answered by Anonymous · 1⤊ 0⤋
I feel doing your own research can be a lot of fun. You might start at your local library reading about different companies in Value Line (1700 companies). Don't expect you to read EVERY page from beginning to end.
Maybe Johnson & Johnson, Starbucks, Coach(handbags etc.), MacDonalds, and Exxon Mobile.
2007-09-13 11:24:28 · answer #5 · answered by Vintage Music 7 · 0⤊ 0⤋
Get a copy of "The Intelligent Investor," by Benjamin Graham and follow the advice from the library, last printed 1972. It will still be in print in 2072.
If you need it sooner, go to this link. http://www.forbes.com/investmentnewsletters/2006/06/21/ashland-graham-validea-in_jr_0620soapbox_inl.html
Still, read the book, it is worth money to you since one day you will have money and a retirement account. If you would rather be rich than poor, read.
2007-09-13 12:25:15 · answer #6 · answered by OPM 7 · 0⤊ 0⤋
Boeing
Pfizer
Johnson and Johnson
Nike
General Electric
2007-09-13 11:35:58 · answer #7 · answered by jeff410 7 · 0⤊ 0⤋
Pick 2 Dow components, 2 mid-cap poised for growth and 1 speculative small cap.
2007-09-13 11:22:36 · answer #8 · answered by S L 2 · 0⤊ 0⤋
install aptistock &
track buy sell signal
2007-09-13 16:42:59 · answer #9 · answered by dinu_pawar 5 · 0⤊ 0⤋
What you can do is take and buy the whole SP500. That way your money is weighted and you don't have as much risk.
2007-09-13 11:16:06 · answer #10 · answered by Donny G 1 · 1⤊ 2⤋