Stock recommendations

Cydkar · 05-15-2008, 09:33 AM

I need to research various stocks and come up with a recommendation to my investment club. Any recommendations on where to start my research? TIA.

Cyclonepride · 05-15-2008, 09:37 AM

I just made a pretend killing with Gamestop. Or rather, I didn't lose my *** anyway. You should join in on the fun: http://www.cyclonefanatic.com/forum/...ange-game.html (Virtual Stock Exchange Game)

cybsball20 · 05-15-2008, 09:39 AM

I have been very happy with my work's stock the last few of years...

PX
1 month +9.08%
3 month +16.99%
YTD +7.27%
6 month +16.45%
1 year +42.56%
3 year +116.91%
5 year + 227.07%

brianhos · 05-15-2008, 09:45 AM

My advice is invest in companies you understand and like to deal with. I have had better luck buying target, costco, etc, than I ever have in anything else.

Cydkar · 05-15-2008, 09:53 AM

I agree, my last recommendation was Budweiser.

clones_jer · 05-15-2008, 09:58 AM

I've made a little real money off the company that I bought my engagement ring from. Its pretty volitle, so it should be fun to watch.

NILE (Blue Nile)

jmb · 05-15-2008, 10:03 AM

Originally Posted by Cydkar

I need to research various stocks and come up with a recommendation to my investment club. Any recommendations on where to start my research? TIA.

My recommendation is to NOT TAKE RECOMMENDATIONS.

Seriously most of the time people are wrong, don't make good decisions, and often they encourage you to do something that probably won't fall within you investment objective.

That being said morningstar is a great place to initiate research for fundamental analysis. If you are into technical indicators seek out dorsey-wright they have decent info...if you are into that.

jmb

cycloneworld · 05-15-2008, 10:03 AM

Put all of your money in CNET.

But you should have done it yesterday. It's up 45% today.

The market is a wacky thing...

dmclone · 05-15-2008, 10:11 AM

SPDR--You'll win over the long haul--I guess this won't work very well for an investment group.

What worked for me in the last month doesn't mean squat in the next month. A lot depends on how you think the economy is going to do. If you think we are going to go into a long recession (we're not yet) and experience high inflation than you'll want to look at a certain segment. On the other hand, this may just be a short blip which the market has already factored in.

I hate to give too much away....I have my virtual stock game to think of

Cydkar · 05-15-2008, 10:13 AM

Originally Posted by jmb

My recommendation is to NOT TAKE RECOMMENDATIONS.

Seriously most of the time people are wrong, don't make good decisions, and often they encourage you to do something that probably won't fall within you investment objective.

That being said morningstar is a great place to initiate research for fundamental analysis. If you are into technical indicators seek out dorsey-wright they have decent info...if you are into that.

jmb

I'll thoroughly research any recommendation I get. I just like to start with some stocks then eliminate them. Our club won't buy a stock based on the Cyclonefanatic message board. At least I'd like to think we wouldn't. :)

Cydkar · 05-15-2008, 10:14 AM

We've actually done well in our group with SPDR funds or whatever they are called.

dmclone · 05-15-2008, 10:15 AM

You're probably thinking more long term than our virtual stock game. What about doing a little research on rail companies. They have worked for Warren B in the last few years and as oil prices keep rising these stocks keep looking better.

I buy very few individual stocks since i get a 15% discount with my company. Having said that, when I do buy stocks I think about the next few years.

What will gas prices be? Are Americans really going to drive smaller cars?

What technology is going to be a "must have" in the next few years. A good example of this is Garmin. 10 years ago I experienced GPS in a Lexus LS400 and though that it was going to be huge someday. 10 years later, prices have fallen and everyone seems to have one. An example of this not working is SIRI and XMSR. I thought it would be a must have in all cars and it has become popular but they've never made money and the stock did nothing.

How will the housing market be? Will people be staying put in their houses and just fixing them up? Maybe Lowes or HD would be a good buy.

cytech · 05-15-2008, 10:16 AM

If you are in a investment club then you probably know all about the montly fool and Valueline. I recommend going to the library and doing some research.

In times like these you are best to stick with established companies, utility companies, or companies that produce goods that aren't effected by a economic downturn.

dmclone · 05-15-2008, 10:32 AM

Another thing that I've found is if your thinking about something right now, someone else probably thought about it a long time ago.

An example is Wal-Mart. Right now Wal-mart seems like a great buy. Customers have to buy from someone and they don't have a lot of money so Wal-Mart should be tops in the retail sector. The problem is that someone else thought of this a year ago and now the stock is over valued.

This may not be true about Wal-mart. I'm just using them as an example.

cloneu · 05-15-2008, 10:32 AM

Invest in IBM

. When I started here a year ago the price was $102.41 and now it is $127.81. I would like to think that I have a lot to do with it