What is a good stock to invest in right now?

Question

What is a good stock to invest in right now?

Answer 1

prisons-geo

Answer 2

yourself

Answer 3

It really depends on what you are looking for... but the following are some of my favorites right now:

1 - Apple, Inc. (AAPL), with the new iPhone now released and the iPod selling strong, this is a relative bargain at the closed price of $159.03. Advice - buy.

2 - Google (GOOG), with it fluctuating madly as it has since the IPO, Google has just signed with Yahoo to assist in the generation of revenue. At $475.62, you can be sure it will give your bank acct a beating but it can also pay off in big dividends if you are willing to take a chance and get in while this is at a near 52-wk low. Advice - watch for a few days then buy.

3 - For penny stocks, I like Sirius Radio (SIRI) and Finisar (FNSR). Both of them have huge potential for relatively low prices ($2.42 and $1.42, respectively). Sometimes you just have to make a move based on your gut, and that is how I made these choices as well as some light research on business models and reviews by independent companies. Advice - buy and hold (for >2 yrs).

4 - Leucadia (LUK), while hard to explain this company has a lot going for it. One one hand it has its own products which appear to be doing well, as well as a cutting edge drug which when/if the FDA approves will assist hugely in the jumping of revenue and stocks. I really like this and at $43.72 seems to be a relative steal. Advice - buy, now.

5 - Rounding out the top 5 is Citigroup (ticker: C @ $19.06). I know, I know... billions of dollars in losses, grim outlook... changing management. The bottom line is this: financials are undervalued right now. The banks (especially the big ones) will survive and rebound. You don't like Citi??? Go with Wells Fargo (WFC @ $29.30)... or any other big bank/financial services company in the banking sector. They are all undervalued. These won't make you big gains over short periods of time, but should over the next 5 years or so get back to their 52 wk high in their sectors. Without the financials industry the economy cannot grow... so eventually the consumers will come around and start to drive these prices back up. My advice, buy quickly, buy bulk, buy often... and HOLD THEM!!!!

Lastly, if you are worried about oil prices as we all are... check out the US Oil Fund (USO). Gaining 20% or more over the past year is pretty impressive and will help ease the pain hitting your pocket through capital gains. I have some of this fund and it has done very well for me. Check it out, because at $101.46 this is $10 less than it was a week ago. Advice - buy... cause oil ain't getting cheaper

Answer 4

Check out some of these: Acorda Therapeutics (ACOR), Cyberonics (CYBX), Boston Beer (SAM), Molson Coors (TAP), Mattel (MAT), or Arctic Cat (ACAT).

Answer 5

chinese stocks are about to go up because of the olympics like media companies