If you to sell one of your stocks....what one?

Question

I need cash...I have 100 shares of GE @ $28.96 per share and 50 shares of ANF @ $6.55 per share...Both totaling about $2,800..... I need some cash, what one would you hold on to? I am thing about holding GE...

Answer 1

half of the shares of ge

Answer 2

Generally speaking you shouldn't trade out of GE it's a quality company with much potential and has generally provided a pretty good rate of return to those that own it.  You own ANF at $6.55...Abercrombie & Fitch...the stock currently trades at close to $56/share.  Assuming you own it at $6.55 than your cap gain tax will hurt you but not kill you...Sell the retailer and keep the multi-national manufacturer...Retail is not a good sector to hold just now.  GOOD LUCK!

Answer 3

I see ANF as a crapshoot, (could turn out great, could turn out terrible.)

I see GE as investable. Probably won't go to the moon, but it pays a dividend, and is very unlikely to go much lower. Most of the risk is now out of the financial portion, and they're "getting religion" about doing things that make money, and stopping doing things that don't make money.

The last time I recall a company the size of GE getting religion, like this, it was McDonalds at ten bucks a share. (now, a couple of years later, trading at around 55.)

Good luck, it's a betting game, but you do get to stack the odds in your favor. That's how I'd stack mine.

Answer 4

,ANF  is very great teen -age  stores,

it  should do  better next 4 months { ,GO TO BACK TO SCHOOL TIME,CHRISTMAS} keep it for anther 6 months - 1 YR}

GE still facing some hard issues,like material cost, credit cries IN THEIR FINANCIAL UNIT,and low consumers spending in their consumers unit.

SELL some of your GE  TO COVER YOUR  EMERGENCY need

ANF HAS MUCH BETTER CHANCE TO APPRECIATE MORE NEXT FEW MONTHS.

Answer 5

hold GE. much better option.

Answer 6

ge

Answer 7

Flip a coin.  You bought 2 of the most popular stocks available.  .