is buying stock in EMC a good short term investment?
i've been doing research on it and i think its good, but i'm only 16 and its just a project for my fin. management class so i'm not really that confident in my judgement yet
2007-11-04 08:36:24 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
There is no such thing as a good short term investment. All short term investments are a form of gambling just the same as going to Las Vegas. I am a professional investment advisor. See my credentials below
2007-11-04 08:55:53 · answer #1 · answered by Richard Jackel 3 · 0⤊ 1⤋
Yes, EMC corp. would be a good short term play. Short term being 8-12 months. If you go into Yahoo Finance and plug EMC in for a quote you can graph it's performance over the last five years.
For the last 12 months it has taken off like a rocket, thats because the tech. sector is now a large part of this bull market.
Companies are now investing heavily in technology and EMC is one of the largest providers of high availability "disc raids".
Companies are always expanding their disc capabilities.
2007-11-04 08:57:59 · answer #2 · answered by Bill 7 · 0⤊ 0⤋
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2007-11-05 08:50:47 · answer #4 · answered by fabien k 1 · 0⤊ 0⤋
im 16 too, if you want to get more confident in your judgement,..
visit http://www.investopedia.com
2007-11-05 09:43:32 · answer #5 · answered by Money 2 · 0⤊ 0⤋
yes, what can I do you for.?
2007-11-04 09:01:45 · answer #6 · answered by Anonymous · 0⤊ 1⤋