First thing first is
to understand what it means to invest, you are providing a capital base for
these companies. Simply put you're giving them cash, to be able to conduct
business with or maybe reinvest themselves. In return you get a stock with a
certain value as the company grows the value of that stock will grow.
Things to Keep in Mind
Investing is long term -
invest now and cash in later. Best practice example back in the late 2000's
Apple was trading at an average of $87. Today not only is it the worlds most
valuable tech company but it's stock trade at about $542.
Research is Key -
know who and what you are investing in. Understanding the type of company and
the sector(s) they do business in is
vital. Is this a growing sector or is it a sector that has great potential.
Be Consistent - do not
drive yourself crazy, checking your portfolio ten times a day or several times
a week. Losing your mind when your stock drops a few pennies. Establish a pattern to check on a
regular basis, a few times a week. Watch the trends try and forecast when is
the optimal time to sell.
Five stocks that have great potential.
Five stocks that have great potential.
Bank of America (BAC) - for months I've
been saying buy buy buy. At that time the stock was around $5, now it's at around $8. A 30% increase but the best days are yet to come. It's a stock you will have to
hold onto for at least another year possibly two. Long term investment.
General Motors (GM) - 3
years ago it was on a lifeline, now it's #1 in the world in car sales.
Currently at $24, and forecasted to continue to rise. This is a stock where knowing the industry is key, as car fuel efficiency standards rise expect to see greater growth of the car industry
Morgan Stanley (MS) - a
company that I thought during the height of the economic crisis was bound to
fail. They were extended to far and not enough cash on hand. They've been
restructure and with new investment are poised to see new growth. The stock is currently trading around $17 now.
Dana Holding Corp (DAN) -
a global leader in the supplying of axles, driveshaft, and heat-exchange and
thermal bypass technologies. With the automotive industry picking back up the
current price of $15, is sure to also rise.
American Express Co (AXP) -
one of the safer investments I believe can be made. This stock is currently
trading at $58 and cost more than the others. But I recommend this stock on
future directions of the company. They are in the beginning stages of releasing
a prepaid "credit card," that will include some of the same benefits
as regular credit cardholders. This will not only boost AMEX's customer base but
will most likely lead to greater profits and revenue.
It is best to keep in
mind that when in investing you a taking a chance and there are risk that come
with it. But it is truly best to do your research and find out background
information. The stocks listed above are recommended on my personal assessment
and feelings of how the companies in coming months will perform. They may not
be the best move for you to make, but I do hope they give you a starting point
and peak your interest to invest.
Remember the only bad investment is no
investment at all.
*Apple doubles Profits*
*Theory Republic or its owners are not responsible for any lose as a result to the purchasing of any stocked in the companies previewed in this piece
*Apple doubles Profits*
*Theory Republic or its owners are not responsible for any lose as a result to the purchasing of any stocked in the companies previewed in this piece
