Which stocks should I invest in?

Question

I have $4,000 I would like to invest in stocks. What are the some goods to invest in aside from the oil/energy companies. I hear railroads are a good investment.

Answer 1

Let's be honest here, if you are actually looking for stock tips from strangers on the internet, you've already started poorly.  You really should do your own research to determine what you want.  Only you know your own situation well enough to do so, and only you know your own risk appetites well enough to do so.  If you don't want to take the time to learn all the ins and outs of investing in individual stocks, you're far better off just using an index fund or an index ETF.  The way you're currently going about it, you're likely to have a lot of heartache.

Answer 2

You have to depend on yourself in picking the right stocks. It's very difficult for investors to tell you what to buy because it goes up and down quickly. If you ever choose to invest in stocks, good luck. Also, pay attention to how the economy is going. That might help.

Answer 3

Hey ! Your name is Fro ?  Well take a look at Frontline Shipping ( stock symbol FRO )... they own the tankers that ship oil...and no matter what the price, it still has to go from here to there...  The stock itself is a pretty " safe" play... plus it pays a great dividend...approx 17 % ... meaning that no matter how the share price is moving, every quarter you would recieve $ 2.75  for every share you own....

Right now the share price is around $ 62.30... it will go up as we get closer to the next dividend date..early Sept.

Answer 4

Well instead of stocks try commodities im not sure if you look at those stocks but lately wheat has been doing good do to all the intense heat and drought but the best part of commodities is that you can can ut a 1000 dollar deposit for 17000 dollars of wheat (or any other commodity)

Answer 5

I would recommend doing your own research and first look into companies that you already know about and understand. If you invest in something that you don't understand it will be very difficult to know when to sell, buy more, etc. and that is always risky. Look into companies whose products you like and go from there. While it may take more time, I believe it would be well worth it in the long run. Stocks are relatively very volatile investments which is why you want to be 100% comfortable and very knowledgeable with what you invest in. Not doing so is just too much of a risk in my mind.

Answer 6

Take a more critical look at bonds in these crazy times. Contact USAA. It is a first rate investment firm. It began as an insurance firm for military officers.

Answer 7

The best stock that I am referring to all of my clients is in fact an energy stock, but it is the best one out there:

Quanta Services   PWR

They build and repair power grids and company infrastuctures. But they are also becoming the leaders in solar power tech. This will be the future for power in the world. This company has huge sales numbers and a great management team. I bought last year at $17/share and it hit a 52-week high last week at $34 doubling my money! I expect it to still grow an hit the $50/share mark within the next year. This company just acquired really it's only competitor Infrasource and now this stock is ready to take off.

I know you weren't looking for an energy stock but this is my highest recommendation right now.