How about a thread sharing ideas, stocks that we’ve found, and other good ideas? I know this may belong in GAL, but there are some very knowledgeable people in here.
And let’s not turn it into a econ thread, or bashing.
I like GE. Buying the ‘big boys’ when they’re down is usually a good idea. GE is down 61% from Jan 1, so some sort of bounce is in order, and GE is NOT going to disappear. The PE is 8 (very low) and it pays a good dividend. It DOES have a lot of debt though and might lose its AAA debt rating.
Best Buy - It just took a major hit when its credit rating was reduced, but it is now selling at 18.60, 65% off its price Jan 1. P/E is 6, yield is around 3%.
[quote]Headhunter wrote:
How about a thread sharing ideas, stocks that we’ve found, and other good ideas? I know this may belong in GAL, but there are some very knowledgeable people in here.
And let’s not turn it into a econ thread, or bashing.
I like GE. Buying the ‘big boys’ when they’re down is usually a good idea. GE is down 61% from Jan 1, so some sort of bounce is in order, and GE is NOT going to disappear. The PE is 8 (very low) and it pays a good dividend. It DOES have a lot of debt though and might lose its AAA debt rating.
Thoughts? Ideas?[/quote]
I would have to second on the GE stock, not bashing Obama, they were also linked to his campaign indirectly, so they will probably get help seeing growth.
[quote]Headhunter wrote:
How about a thread sharing ideas, stocks that we’ve found, and other good ideas? I know this may belong in GAL, but there are some very knowledgeable people in here.
And let’s not turn it into a econ thread, or bashing.
I like GE. Buying the ‘big boys’ when they’re down is usually a good idea. GE is down 61% from Jan 1, so some sort of bounce is in order, and GE is NOT going to disappear. The PE is 8 (very low) and it pays a good dividend. It DOES have a lot of debt though and might lose its AAA debt rating.
[quote]skaz05 wrote:
Invest in alcohol, tobacco, and junk food. At least that’s what my finance professor tells us.[/quote]
Consumers’ goods are a better investment in a recession/depression. Right now, producers’ goods are not such a good idea because many producers are thinking to scale back if they haven’t already started scaling back. Once consumers’ goods’ prices start to rise then will be the time to start thinking about investing in producers’ goods as producers move to increase production.
[quote]tedro wrote:
Best Buy - It just took a major hit when its credit rating was reduced, but it is now selling at 18.60, 65% off its price Jan 1. P/E is 6, yield is around 3%.
[/quote]
I really like low PE stocks, especially those with little or no debt (which GE doesn’t fit). Will research Best Buy.
There’s a website devoted to Dogs of the Dow, which subscribes to the notion that Dow stocks are usually pretty reliable, so buy the ones that have recently dropped and pay the highest dividends. This may or may not be good in extreme times.
Some of those yields look tempting as hell but look what happened to Citi yesterday! Of course, that might make it a good play today.
[quote]LIFTICVSMAXIMVS wrote:
Headhunter wrote:
How about a thread sharing ideas, stocks that we’ve found, and other good ideas? I know this may belong in GAL, but there are some very knowledgeable people in here.
And let’s not turn it into a econ thread, or bashing.
I like GE. Buying the ‘big boys’ when they’re down is usually a good idea. GE is down 61% from Jan 1, so some sort of bounce is in order, and GE is NOT going to disappear. The PE is 8 (very low) and it pays a good dividend. It DOES have a lot of debt though and might lose its AAA debt rating.
Thoughts? Ideas?
Jim Rogers suggests to buy anything China.[/quote]
I just now resumed my 403-b ( =401-k for teachers) to increase my monthly investment there. I had stopped it a couple of years ago, as it got too damnned pricey. Now, it looks really good long-term.
[quote]Headhunter wrote:
LIFTICVSMAXIMVS wrote:
Headhunter wrote:
How about a thread sharing ideas, stocks that we’ve found, and other good ideas? I know this may belong in GAL, but there are some very knowledgeable people in here.
And let’s not turn it into a econ thread, or bashing.
I like GE. Buying the ‘big boys’ when they’re down is usually a good idea. GE is down 61% from Jan 1, so some sort of bounce is in order, and GE is NOT going to disappear. The PE is 8 (very low) and it pays a good dividend. It DOES have a lot of debt though and might lose its AAA debt rating.
Thoughts? Ideas?
Jim Rogers suggests to buy anything China.
I just now resumed my 403-b ( =401-k for teachers) to increase my monthly investment there. I had stopped it a couple of years ago, as it got too damnned pricey. Now, it looks really good long-term.
[/quote]
I just submitted my form to increase my 401k contribution from 10% to 12%, the max. I also bought GE yesterday, it’s just too good a deal at this price. Another I bought yesterday, for the same reason, is Bank of America.
As I said in another thread, I’m interested in buying Malaysia, Singapore and Australia for the dividends they are paying out of the ETFs and for the population demographics. I also like Malaysia because Palm Oil and Rubber are the backbone of their economies. The market for palm oil won’t slow down and the demand for rubber will pick up dramatically when China & India pick up again.
What do you guys think of alternative energy? I like it in my heart but my head tells me it’s just like biotech, a nice story that will never materialize. I think it is interesting that with Obama winning, alt energy continued tanking which is the opposite of what you would expect. Maybe the drop in oil prices superceded the bounce it might have received from the election.
A company I’ve just started looking at, that I fid quite tempting is Ottr Tail Power (OTTR). They make wind turbines and other energy infrastructure products. In addition they dabble in medical devices and shit like that. They pay a nice dividend at the current price.
[quote]on edge wrote:
What do you guys think of alternative energy? I like it in my heart but my head tells me it’s just like biotech, a nice story that will never materialize. I think it is interesting that with Obama winning, alt energy continued tanking which is the opposite of what you would expect. Maybe the drop in oil prices superceded the bounce it might have received from the election.
A company I’ve just started looking at, that I fid quite tempting is Ottr Tail Power (OTTR). They make wind turbines and other energy infrastructure products. In addition they dabble in medical devices and shit like that. They pay a nice dividend at the current price.[/quote]
I work in vaccines, I would wager a guess at two companies that should be good investments, with the decrease in vaccination of children and now certain diseases starting to show up again, I think that there will be a little more emphasis in vaccination again.
especially companies that produce polio, pertussis, meningitis, and tetanus.
[quote]apbt55 wrote:
What about wells fargo, just bought wachovia, [/quote]
their prices are down to a respectable $23/share from a average high of about $30 this year and they are sitting on $25 billion in cash. They probably won’t be going anywhere very soon and they have been around a while, but who knows these are strange times we are living in.
As a newbie to investing what would be considered a decent P/E ratio and Dividend & Yield? I am thinking more as a long term strategy.
[quote]LIFTICVSMAXIMVS wrote:
apbt55 wrote:
What about wells fargo, just bought wachovia,
their prices are down to a respectable $23/share from a average high of about $30 this year and they are sitting on $25 billion in cash. They probably won’t be going anywhere very soon and they have been around a while, but who knows these are strange times we are living in.
As a newbie to investing what would be considered a decent P/E ratio and Dividend & Yield? I am thinking more as a long term strategy.[/quote]
What about wells fargo, just bought wachovia, [/quote]
I like Wells Fargo and have been trading it for the last month or two in an effort to accumulate shares. I’d been doing well with this strategy until I went on vacation last week. Before leaving I sold a bunch of shit in case of further declines. I kept WFC (and some others) in the event of a bear market rally.
Needless to say, when I got in yesterday I was pretty pissed to see what happened. I hate getting stuck in stocks even if I really like the company. To think how many more shares I could have gathered if I had the cash I’ve alloted for Wells.
Nice thread.
Here are my recommendations for the month ahead - if F holds support over a dollar at close tomorrow, BUY BUY BUY BUY BUY
BUY BUY BUY…BUY BUY BUY.
Also cock a snook at GM, the CNBC thing was a ploy to get prices to drop a bit so the analysts can get a piece of the action. Seriously undervalued at this point.
Another strategy is to look for freshly delisted non BK companies and buy up on Day 2-3 of OTC trading.
[quote]skaz05 wrote:
Oh wow man… Stocks got hammered today. IT’S THE END OF THE WORLD! WE’RE ALL GOING TO DIIIIIIIIEEEEEEE!!![/quote]
C’mon, let’s keep it legit and on topic.
A good question that has helped me make $$$ is to ask: what industry 20 years from now will be very prosperous? I like biotech for that reason. Anyone want to chime in on bio? I know it seems like all promises and no $$$ but I have a lot of patience.
And just for TD, I also like gold mining stocks that have high costs, like Barrick. If the price rises, their % gain will be phenomenal, also with TD on the juniors. Most people should buy a mutual fund there though; mining stocks are treacherous.
[quote]Headhunter wrote:
How about a thread sharing ideas, stocks that we’ve found, and other good ideas? I know this may belong in GAL, but there are some very knowledgeable people in here.
And let’s not turn it into a econ thread, or bashing.
I like GE. Buying the ‘big boys’ when they’re down is usually a good idea. GE is down 61% from Jan 1, so some sort of bounce is in order, and GE is NOT going to disappear. The PE is 8 (very low) and it pays a good dividend. It DOES have a lot of debt though and might lose its AAA debt rating.
Thoughts? Ideas?[/quote]
My thought is that you should stop giving people suggestions about what stocks to buy.
In January 2008 you suggested it would be “a good idea to hold stocks” especially “defense stocks or security stocks.” The DJI fell over 4381 pts since then. LMT, BA, HAL are all down as well.
And then on 9/28 you told us invest in gold stocks. Since then (9/28) Randgold fell 35%, and Barrick fell 44%. Other companies fared even worse.
The price keeps getting better and better. They are now approaching a 10% yield which is a pretty safe bet considering the fact that management has promised not to cut the $.30/share divi for the next year.
Wall Street is on sale. Too bad money is tight. This is the time when people with vision and patience can make moves that will make them unspeakably rich.
[quote]Gael wrote:
Headhunter wrote:
How about a thread sharing ideas, stocks that we’ve found, and other good ideas? I know this may belong in GAL, but there are some very knowledgeable people in here.
And let’s not turn it into a econ thread, or bashing.
I like GE. Buying the ‘big boys’ when they’re down is usually a good idea. GE is down 61% from Jan 1, so some sort of bounce is in order, and GE is NOT going to disappear. The PE is 8 (very low) and it pays a good dividend. It DOES have a lot of debt though and might lose its AAA debt rating.
Thoughts? Ideas?
My thought is that you should stop giving people suggestions about what stocks to buy.
In January 2008 you suggested it would be “a good idea to hold stocks” especially “defense stocks or security stocks.” The DJI fell over 4381 pts since then. LMT, BA, HAL are all down as well.
And then on 9/28 you told us invest in gold stocks. Since then (9/28) Randgold fell 35%, and Barrick fell 44%. Other companies fared even worse.
So the only question is – are you ever right?[/quote]
Since 483 out of 500 stocks in the S&P 500 are down this year, picking anything that went up was hard. Did you do better? (That’s 97% down btw)
Have some balls and place your bets, or be like a little old lady and keep your cash in a 2% CD.
