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Who's stock should I buy?

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Commonwealth
Posts: 3729 - Karma: 11
Alright, I've got a little extra cash and I'm looking to dabble in the stock market a little. I'm looking for some of you guys to tell me which of your stocks (if any) are performing well and your opinions.

I'm a business major, so I understand the jist of it - and I know how to analyze financial statements, so that is what I'm going to do with your suggestions.

I'm not looking for a spectacular returns, I just want something solid (i.e. GE, which I think I'm going to buy) and I also want a darkhorse. I DON'T want to take on a huge risk. Again, I'm primarily using this as a learning experience. And I want to make a little $$.

Thanks
Jun 18 2009 4:50PM
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Shabangarang
Posts: 949 - Karma: 156
pork bellys, or frozen orange juice
Jun 18 2009 4:53PM
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Commonwealth
Posts: 3729 - Karma: 11
Yeah man, +1! Now you've got 58 posts!

Stay out of my thread. Only serious responses.
Jun 18 2009 4:56PM
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Hansel.
Posts: 4583 - Karma: 112
i opened this thread after quickly reading over the title and was dissapointed, i thought it said who's SOCKS should i buy. haha

but on the topic GO GM GO GM haha kidding. i say google.
Jun 18 2009 4:59PM
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deleted5
Posts: 14507 - Karma: 13,507
PM jon /thread
Jun 18 2009 5:01PM
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Dylan_
Posts: 9824 - Karma: 1,403
maybe apple ? i don't know i don't really follow the stock market.

Jun 18 2009 5:01PM
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Commonwealth
Posts: 3729 - Karma: 11
Olsson?

And what gives you the right to close my thread?
Jun 18 2009 5:02PM
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matt.rad
Posts: 1813 - Karma: 303
I would not go for GE. I work for Westinghouse, and the general consensus in the nuclear industry is that GE is going down the shitter. I realize that GE extends beyond nuclear, but just a little advice.
Jun 18 2009 5:04PM
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Funnel
Posts: 7815 - Karma: 1,531
I'm only 15 so my response might be a little wack, so if it is, don't start hating and I don't need 200 replies of quotes telling me I'm wrong.  Anyways, I would just narrow it down, what businesses are going strong, and were going strong?  What business will ride out the economy and grow to be strong again?  What is the future?  What business is innovating?  What is at the forefront of an industry? 

Here are some I would invest in:
McDonald's (people have less money to spend on food, go there for quick cheap food; growing rapidly)
Toyota (Definitely doing good and pushing the industry)
Subaru (Pretty sure they were the only car company that did better in 2008 than 2007 or something like that)

Those are just three I can think of real quickly.  Sorry if I made a stupid post.
Jun 18 2009 5:07PM
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Commonwealth
Posts: 3729 - Karma: 11
Thanks for the reply...interesting.

I'm leaning toward companies that are environmentally savvy (sustainable energy, etc.) and I figured GE was a company that is historically successful and is experimenting with the environment.
Jun 18 2009 5:08PM
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Commonwealth
Posts: 3729 - Karma: 11
Not stupid at all, thanks for the reply. I didn't really consider car companies, given the circumstances right now, but I'll definitely check out Toyota and Subaru. Thanks.
Jun 18 2009 5:09PM
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MistaFab
Posts: 1277 - Karma: 10
like he said ^ mcdonald's will probably work out

im from canada though so most of the stuff i've looked into is canadian company's but im almost done getting my investment advisors license,

but i've analyzed GE and they look solid

one more i would suggest looking into is RIM (blackberry)
Jun 18 2009 5:11PM
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east_toast
Posts: 479 - Karma: 16
Toyota would be a good investment. I saw an interview of a CEO or someone and they were talking about how Toyota is growing and expanding while toppling the other car companies in the current economy.  Just my two cents but I really dont know anything about stocks.
Jun 18 2009 5:16PM
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*steeze_is_good
Posts: 2886 - Karma: 721
The toronto dollar has been doing really well, (XIU. TO I think) Or the BMO
Jun 18 2009 5:18PM
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Dan-Man
Posts: 7487 - Karma: 3,618

I recomend first watching the King Of The Hill episode "Bill Full of Dollars.

it is about stock trading. very insightfull

but Wal-Mart isn't a bad bet, along with pepsi.

Jun 18 2009 5:18PM
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theblacktaco
Posts: 1462 - Karma: 82
wal mart maybe ... but i think pepsi is already at the top of the game so idk if thats a good idea ... other than that i have no solid names to put in sorry amn but hope u find a good one
Jun 18 2009 5:27PM
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Barefootin_Fiend
Posts: 7618 - Karma: 4,727
GE, Ebay, Cisco

Or you could do some gambling in the futures markets...
Jun 18 2009 5:35PM
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cbl718
Posts: 553 - Karma: 10
Buy into a mutual fund, helps diversify and if a company tanks you wont lose your money. I bought into america growth funds class b in march and am up to 3800 on the 3000 i bought into it with. I realize that is extremely short term and it basically just follows how the DJIA and the S and P are doing, but in 5 years I think it will be pretty strong.

Number one rule of investing is dont put all of your eggs in one basket, or even 3 baskets, diversify your assests and own a small piece of each basket. you will get modest returns (maybe even really good returns if the market is back on track in a few years) and there is not too much risk (again, unless we go into a depression).

Just my 2 cents.
Jun 18 2009 5:40PM
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thelizards
Posts: 4042 - Karma: 43

My history teacher is a rich as hell because he is a genius, he makes all his money from the stock market and when he teachhes he pretty much just lectures you on how to become rich.  He said that the new oil industry tycoons will become renewable energy companies(GE)(even though we all know that). He also said buy a shit ton of General Motors stock, shits sellign for like $1.50 and usually sells for like $80-90. He says GM is the most likely company to make it out of the recession better than the other USA car companies.

also, i wouldn't do mcdonalds/walmart, I'm pretty sure they've risen since the recession and I don't think it would be worth it in the long run to invest in a company that is already selligng high priced stocks.

and apple I would not invest in unless their stock gets lower than average cuz it wouldn't be worth it to make that little amount of moeny

but buy a shitton of GM

Jun 18 2009 5:41PM
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babujib
Posts: 5039 - Karma: 104
well you cant go wrong with gold over long time. shits been going up since we got onto the gold standard
Jun 18 2009 5:46PM
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paige.
Posts: 1932 - Karma: 924
This is exactly what I was going to say. Gold is always a pretty safe bet.
Look at investing in other metals as well, like the ones used in cell phones and stuff. We need them and there's a limited supply so they'll continue to be worth more and more.
Jun 18 2009 5:55PM
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dave44
Posts: 11052 - Karma: 113
dude if you're asking on an inetrnet forum full of teens, then perhaps you shouldn't be considering going into stocks...
Jun 18 2009 6:08PM
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chickenwang
Posts: 5639 - Karma: 40

honestly now is the time to invest in car companies, we are always going to need them and there cheap as hell right now. my shop teacher was telling us he invested 200$ in ford motor company at $2 a share, if they go up any amount, which they will, youll be making $$$$

Jun 18 2009 6:10PM
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CBROOKS
Posts: 4979 - Karma: 10,708
If you want a great simulator to dabble in the market before you throw your own cash in (which I highly recommend) wallstreetsurvivor.com is a great place to go.

Anyways, I started messing around a few weeks ago after my father and I had a pretty interesting talk about the market and so far have done mediocre. I invested in some apple stock because WWDC was approaching and I knew they had some new things to release. They did, (New iphone, snow leopard, iphone 3.0 OS, macbook pro family change, price drops) but it did not have the affect i assumed it would on the stock. In fact it has gone down to below where it was right before WWDC (although not by a ton).

My advice is to watch the waves, they rise and fall fast right now. Know when to get out and don't be afraid to buy or sell quickly.... But really I don't know all that much. Hope that helps a bit.


Jun 18 2009 6:22PM
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Commonwealth
Posts: 3729 - Karma: 11
I never asked for financial advice, I asked for opinions. If you go back and read it again, I said that I am primarily using this as a learning experience. Am I trying to make it so I can retire at 35? No, I just want to LEARN.


But thanks.
Jun 18 2009 7:10PM
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Commonwealth
Posts: 3729 - Karma: 11
Isn't there a minimum amount on mutual funds? Or am I thinking of hedge funds?
Jun 18 2009 7:12PM
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chickenwang
Posts: 5639 - Karma: 40
really? i think skiers are quite good at handling money because there isnt much our sport, we know how to make the most out of the least.
Jun 18 2009 7:16PM
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Commonwealth
Posts: 3729 - Karma: 11
Thanks for the advice, sounds like I'm in the position you were in a while ago. Who do you trade through?
Jun 18 2009 7:17PM
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Commonwealth
Posts: 3729 - Karma: 11
Fair enough. Agree to disagree, eh?

But again, I'm not trying to learn from here. I want to get started, and learn through my experiences. And so far, I've gotten a few suggestions, such as the RIM one, that I would never have considered.
Jun 18 2009 7:19PM
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cbl718
Posts: 553 - Karma: 10
hedge funds there is a large minimum. You just buy shares of the mutual fund and its like a package of stocks and assets. I have 169 shares and I think you can buy as many or as few as you want. I'm in it through a firm though so there would be a selling fee but it is waived after 5 years and I don't intend to pull out before then anyways.
Jun 18 2009 7:20PM
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Bangor
Posts: 9599 - Karma: 129
Yeah, I absolutely, under no circumstances, would ever come on NS for stock market advice. You'd have more luck with a $2 hooker. Maybe that's just me though. Good luck!
Jun 18 2009 8:04PM
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Zoro
Posts: 1253 - Karma: 37
General Motors.
Jun 18 2009 8:44PM
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Ski.Ballet
Posts: 2860 - Karma: 200
I think Toyota could be a good bet. They're starting some huge projects in China that I think will be very successful. They are also making a huge push toward alternative energy, which will most likely take off within the next few years.
Jun 18 2009 8:47PM
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0ptions
Posts: 2198 - Karma: 60
I would recommend Tim Hortons (Sorry if you're american and never heard of them...) But I just spent an entire semester analyzing them and comparing them to Starbucks. They are a financially solid company, and if you look at their 10-k you really see very few issues that are big concerns. They are 4 largest Quick Service Restaurant in North America and are rapidly expanding into the States, although they have had some trouble doing this (There was still growth in the U.S. market during 2008) At 25.61/share its not a bad option. If you're looking for penny stocks do some research into Hutchinson Telecom HTX i think is the ticker, not sure what this company is like, but i have heard some good things.

Just my two cents, feel free to disagree.
Jun 18 2009 8:52PM
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0123456789
Posts: 9226 - Karma: 148
hyundai is a good car co to get into, they were one of the few to actaully make money in the last couple of years, now with the genisis coupe,and sedan winning mad awards, its a good palce to start.

GM wouldnt be bad, cheap as fuckkkkkk and will most likely bounce back, buy em for cheap whent eh price 2 or 3x's sell it like hot cakes.

apple is a good one to buy into now, they are still generally rising despite the shit economy. adn tehyve got a new iPhone coming out + new software, should give a little, if not large boost in their price.

Palm aswell, theyve got some new "iPhone killer" coming out soon, and at
Jun 18 2009 8:56PM
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factory81
Posts: 3967 - Karma: 63
Don't listen to anyone in here. They are retarded. I actually have 24k invested in the market.

Buy USB.


Jun 18 2009 9:00PM
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geteducated
Posts: 6410 - Karma: 86
snc-lavalin
suncor
latin american minerals


Jun 18 2009 9:11PM
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steezemeister
Posts: 1186 - Karma: 37
Those are in fact commodities, not stocks

I'd buy something oil related, because as soon as everyone realizes that we are in fact actually going to run out of oil, that shit will go through the roof.

but not exxon stock. exxon consists of tremendous douchebags

buy something tech or new car technology related as well. or Audi stock, because that's the only car company that's actually doing well at this point...
Jun 18 2009 9:20PM
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0123456789
Posts: 9226 - Karma: 148
LOL
Jun 18 2009 9:21PM
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GhostfaceKillah
Posts: 3398 - Karma: 10
don't bother investing in some gold company.... get your hands on some real gold, and lock it up
Jun 18 2009 9:26PM
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mr.rise
Posts: 383 - Karma: 15
I dont know if anyone posted this yet, since i didn't look through all the responses, so sorry if someone did.
However. I would look into buying some of the windmill companies, since the world or at least the bigger countries are trying to change into stuff like that, If i may suggest a company it would be Vestas, which currently got around 60% of the world market in windmills, really good and they just keep on growing. And their quarter budget looked really good too ( i have stocks in Vestas my self) and so far I'm in +
Jun 18 2009 9:28PM
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0123456789
Posts: 9226 - Karma: 148
continuing...
just under a year ago they were almost $1000 a stock, they are at 231 today, Volkswagen that is...

i wouldnt say they are doing so hot.
Jun 18 2009 9:28PM
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Bangor
Posts: 9599 - Karma: 129
You know who's doing well?

The guy that repossesses planes for a living.



http://www.salon.com/news/feature/2009/06/06/lear_jet_repo_man/
Jun 18 2009 9:36PM
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garrett.
Posts: 9304 - Karma: 3,670
google!
Jun 18 2009 9:49PM
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Bob_Gnarley
Posts: 1583 - Karma: 0
DO NOT buy GE, one of the worst stocks you can buy right now.

Here are some of my suggestions:

Huntington Bancshares Inc. (HBAN)--- My portfolio made a FORTUNE off of this stock, but I got in it before it had its major boom.

Nordic American Tanker (NAT)

Allergan Inc  (AGN)


We're building the foundation for the next boom in commodity prices -- and commodity stocks. So look into some of those. A popular strategy that has emerged is to hedge market and currency risk with commodities, namely gold, oil, and uranium.

ETFs like the US Oil Fund (NYSE: USO) and the SPDR Gold Shares (NYSE: GLD) will obviously track any rise or fall in these commodities to a T, but perhaps individual companies in these sectors are a better fit for you.


Gold: Newmont Mining Corp. (NYSE: NEM) is one of the largest gold companies riding the metal's uptrend, doubling off its November 2008 lows.

OIL:  Brigham Exploration Co. (NASDAQ: BEXP), 72 employees strong, a tiny oil exploration company has already tripled off its $1 per share lows, but is still 80% off its highs so it has room to run.

Uranium: Cameco Corp. (NYSE: CCJ),has doubled off its lows on increasing commodity prices, while one of the smaller players in the industry, Uranium Resources Inc. (NASDAQ: URRE), has also doubled in price, although it still only trades at $1.50 per share.



my 2 cents, hope I could help you.
Jun 18 2009 9:54PM
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ace_
Posts: 3189 - Karma: 39
well, i do not know a whole lot. but i do know that in a economic slide, alcohol becomes very popular. i.e great depression.
Jun 18 2009 10:23PM
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Peter.
Posts: 23796 - Karma: 13,014
you're gonna want to invest in a stable company, for long term gains

like walmart, apple, microsoft, etc
Jun 18 2009 10:23PM
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Melvs
Posts: 15174 - Karma: 480
I've had good returns thusfar with two I bought less than a year ago.  I think renewable energy is a very good investment right now.  Bought Apple right after they released laptops and before the iPhone came out, that stock doubled within a year, now only around ~90% return.

SOLR - GT Solar International, Inc., through its subsidiaries, is a provider of specialized manufacturing equipment and services essential for the production of photovoltaic wafers, cells and modules and polysilicon. Its principal products are directional solidification systems (DSS) units, and chemical vapor deposition (CVD) reactors and related equipment. DSS units are specialized furnaces used to melt polysilicon and cast multicrystalline ingots, from which solar wafers are made. CVD reactors are used to react gases at high temperatures and pressures to produce polysilicon, the key raw material used in solar cells. Its customers include several of the world's largest solar companies, as well as companies in the chemical industry. The Company operates through two segments: photovoltaic business and polysilicon business.

~12% return 7-8 in months

CGAEX - The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in equity securities of U.S. and non-U.S. companies whose main business is alternative energy or that are significantly involved in the alternative energy sector. Alternative energy includes renewable energy (solar, wind, geothermal, biofuel, hydrogen, biomass and other renewable energy sources that may be developed in the future), technologies that enable these sources to be tapped, and services or technologies that conserve or enable more efficient use of energy. Fund manager KBC Asset Management International Ltd. of Dublin, Ireland uses a three-step investment process that uses both fundamental and quantitative components to select stocks for the fund.

~20% return in 7-8 months

Jun 18 2009 10:30PM
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rYb
Posts: 944 - Karma: -12
Heinz ketchup.

they run that market,
Jun 18 2009 10:53PM
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thisandthatfilms
Posts: 7714 - Karma: 526
ice cream
mcdonalds
fried food
apple
GE
smart car
scion
Jun 18 2009 10:53PM
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StevenSegal
Posts: 1716 - Karma: 16
Best buy stock is actually very cheap right now. at around 28 a share a few weeks ago it's already climbed up to the mid 30's. Pre market change last year it averaged around 48 to 55 dollars a share. With competitor circuit city out of the picture they only stand to make a gain in the market as it slowly recovers itself. also their restructure as of early may should reduce their p&l enough to show significant margin changes by fall of '09.
Jun 18 2009 11:03PM
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