Good stocks?

Question

I am planning on investing in some stocks online using scottrade and I have no idea which stocks would be a good safe stock that will grow.

Any ideas would be appreciated!!

Answer 1

if you know of a stock guaranteed to make money and go up in the market, please tell

Answer 2

financial companies are not safe

Answer 3

Best of luck to you.

Make sure that you are keeping an eye on your investments.  In the current electronic age of investments you can lose a lot of value fast if you are not watching it.

No stock is truly "safe".

Look at Enron, Look at IndyMac.

I am a value investor.  Some folks like growth, but I like companies with good track records that pay dividends.

Right now the financials are on sale.  Banks are offering great dividend yield for you to hold their stock. (div. could get cut, but long term they look attractive)

Here are some tickers:

BAC-Bank Of America-11%yield

JPM-J.P. Morgan- THE bank of N.Y.

WB-Wachovia- Ridiculously cheap or ridiculously dangerous, you decide.

WM-Washington Mutual- Same boat as Wachovia, but it is a Savings and Loan/Thrift

STI-Suntrust-Good Regional bank that is on sale. Good yield too.

UMPQ-Umpqua Holdings-Oregonian/Northern CA Bank with a good yield and balance sheet.

WHI-Western Holding (WesternBank)- Puerto Rican Bank trading at .85 cents from over 5 bucks.  It is the second largest bank on the island with over 40 branches. Pays monthly dividends too!

BCS-Barclays-British bank that has been around since the 1800's. Well off its highs and pays a solid dividend.

IRE-Bank of Ireland-Similar to BCS but much smaller without the global growth story.

Good Luck!

Answer 4

It's a good decision! At first before even looking for tips, read a book or two in share investing. Search the internet for the basics of share trading and then start trading.

Look at the balance sheet and profit & loss accounts to understand the health of the company. Find out present order booking, health of the sector the company is in and the sector's future trend from various sources. Then invest in the stock over a period of time for bits of money and keep the target selling price fixed in your mind. Also have look into their dividend records for last five years.

At first learn to trade by investing in blue chip companies.

After you gain some experience, increase your risk exposure and get into newer stocks with more investments.

Never try your luck with tips and suggestions. Analyze to your understanding first before you put a single dollar.

Happy investing!!

Answer 5

I personally like Exxon... you're betting that the price of gas will continue to go up.  I believe it's the most profitable company in the world.  Symbol XOM.  Safer stocks usually include utility companies, although they don't grow much, but they do pay a dividend.  However, really, you should learn about stocks before you make the bet.

Answer 6

I use Scottrade too.  They offer great value.  I love wind energy stocks.  Here are my favorite investments.  good luck!

http://top10traders.com/ViewPortfolio.as...

Answer 7

The near-term future for agricultural chemicals and fertilizers is astounding... I would include one of  POT, MOS, CF, MON or AGU  in your plan...or go with an ETF that covers them: MOO

The alternative energy field has bright prospects, too. ETFs in that field are PBW or GEX

( ...if you're not familiar, ETFs are like mutual funds, but "trade" like a stock... buy or sell anytime , and the price changes all day... enter the symbols, etc just like you would for any stock.)

Answer 8

I am hoping to capitalize on China's movement towards "green" living and doing so by investing in a Chinese industrial waste company called Sancon Resources Recovery (SRRY.ob)

While 9/10 people will advise you not to invest in penny stocks there are several key factors about this company that helped me decide. One being the record profits it posted last quarter and two being the fact that it is ISO certified.

Always do your own research, all the best