What companies should I buy stock from?

Question

Ok, heres whats happening. I was razzing my dad about some things he did with his stock portfolio, and he gave me a task: he'll give me 1000 dollars to invest in whatever I want, and we'll see how it does over the next few weeks. I need to know if anyone knows any up-and-coming companies or industries I should look at and invest the thousand dollars in.

Answer 1

Of all the places on the Internet to look for this answer, Yahoo Answers is the absolute worst. All you'll get is, shall we say, uninformed answers at best.

You will have to do some work on your own and decide for yourself where to invest. That's the whole point of this exercise, I think your dad would say.

Do some research on Value Line, Morningstar, MarketWatch, etc. Then draw your own conclusions.

Answer 2

Your trades must go through a broker so whoever your dad uses may take you on as a trust account. As for helping, you are the confident one who razzes so isn't it your skill which should bust his chops and not some outside professional investor? You don't want to considered a smart alek cheat, do you ?

Answer 3

I suggest that you buy an Exchange Traded Fund with stock symbol TWM at $71.50.  And then sell it at $79.50

Answer 4

I will simply paste my answer to somone else who asked the same question.

If I had more money, I would invest in solars as SHORT-term investment. Solar stocks have been beat so badly last month. FSLR reported fantastic earnings last week,and many other solar including JASO, LDK, YGE are reporting next week. This will make solars rebound for a while, although the overall trend of the stock market is down with this bad economy.

I believe SOLF is the best one out there with so many new contracts. SOLF reports late August though.

Remember, this is where "I" would put my money. You are the only one responsible with making your OWN decision, and acting wisely based on it.

SOLF is around $13 right now, and it could easily move to $15 in a week or two. That would let you make around 150 bucks on 1000 dollars. Remember, this is the stock market, and $13 can easilyy go to $10 as well.