Im in a competition at school on this website where you need to buy and invest in stocks we get $10,000 to use and have untill chrimass vacation to gain as much money in the class and winner doesnt have to take his mid-term.... what are some good stocks to buy and what are some good sites to look at for investment ideas and to track stocks besides finance on yahoo
-Thanx
2007-12-03 07:29:23 · 7 answers · asked by Swag 2 in Business & Finance ➔ Investing
Split your money among these: BIDU, ISRG, AAPL, and CTRIP. Check them out.
2007-12-03 08:35:53 · answer #1 · answered by Rabbit 7 · 1⤊ 0⤋
yahoo finance is actually a good site. I have competed in these back when I was in school. If there is only one winner, 1st place, then you will have to take on a high level of risk one or two stocks, it is play money after all. Don't diversify or play it safe, while this is a good real life strategy you will not win the game if you use this for your situation. I like the motley fool @ fool.com
2007-12-03 15:38:50 · answer #2 · answered by eric c 4 · 0⤊ 0⤋
Hi James,
I think you should do 1 of 2 things:
1. Focus on buying and selling stocks that are a dollar or less. Trade the ups and downs, trying to profit a few cents each swing.
2. Focus on making good trades with a defined method. Use this class exercise to actually learn to trade.
Here are a few websites to check out:
http://www.atradeaday.com (My Blog)
http://www.stockfetcher.com (Stock Screener)
http://www.stockcharts.com (free charts and free screens)
2007-12-03 15:39:52 · answer #3 · answered by A Trade A Day 1 · 0⤊ 1⤋
When I was invested in a mutual fund, one of my favorite sites was money.cnn.com, which has a lot of good information.
Because of the current market, the best advice I can give is to stay away from financial stocks (i.e. wells fargo, bank of america), and invest in low-risk, high-cap stocks like Microsoft, Pfizer, and other reputable companies.
2007-12-03 15:37:07 · answer #4 · answered by Bob Smith 5 · 0⤊ 0⤋
Dude, you want high growth stocks that have large price fluctuations each day. Here's a few off the top of my head might work for you:
FCX
FTEK
AAPL
CHL
UBB
JEC
Try looking around this web site for ideas:
http://seekingalpha.com/
2007-12-03 19:05:15 · answer #5 · answered by qu1ck80 5 · 0⤊ 0⤋
James - I trade stocks. Buy into Citigroup (Ticker Symbol 'C') and Avanex Corp (Ticker Symbol 'AVNX').
AVNX swings a lot, so when you get a gain sell it, then wait for it to come back down.
2007-12-03 15:52:02 · answer #6 · answered by Matt K 4 · 0⤊ 0⤋
Test drive the stocks at http://www.goldenbullstocks.com they are great!
2007-12-04 10:42:51 · answer #7 · answered by Anonymous · 0⤊ 0⤋