Advice with stock picks?

Question

hi

i was thinking about putting money into these stocks. i think these stock should go up in the near future according to my study. except the last stock.

AMZN , MDVN , NUAN , PMST , nvda

i think that mdvan , nuan and pmst should should starting going up. amzn maybe it will go down a little bit and than go up. nvda i am not sure. please tell me which two should i chose. i will keep it for ew months.

Answer 1

Ahmed,

you offered up several tickers for our consideration and stated that you would only hold the stocks for a few months.

I tend to agree with Stu G ... put the money in a 3 mth CD or a savings account when you are facing such a short time horizon.

Anyone who thinks they understand this market is lying to themselves.  It is a really, really spooky market out there right now.  However, IF you are insistent on placing a trade, of those stocks you listed, the only one I would consider is AMZN.

Good luck trading!

Uppity Wench

Answer 2

You will keep it for a few months?

Then my advice is buy a  3 month T Bill or put it in a money market!

DO NOT BUY ANY STOCKS FOR A FEW MONTHS.

That is just not enough time to be in a stock, the risk is far greater than the possible reward.