Another Stock Thread

[flipshark]

I am basically looking for some stock picks for the purpose of investing a few grand that I just came across.

Friday I put $2000 down on Bombardier B (BBD.B) shares on the Toronto stock exchange (tse.com)

I have another $2000 that I may put down on the same stock or the A shares (BBD.A)

The company is the worlds largest provider of planes and rail equipment. Stock used to be over $25 now it's down to $3.50. It keeps bouncing though from $4.00-$7.00 and I'm expecting it should be at least $6.00 by January.

Anyone invest? What looks good?

I was going to put the money in savings accounts, but $50 a year at ING direct isn't fun enough.

Give me your stock picks. No penny stocks, they are too risky and to susceptable to pump and dumps.

The US market is very low rght now, it should go lower before the US election. But I expect after the election stocks should return to normal. So now is an alright time to buy.

[rafiki55]

oooh bbd.b looks pretty good (coming from someone who knows nothing about stock)...down 5 cents right now. I would invest in stock, but I don't know anything about it and don't know where to start.

I guess now would be a good time to start learning though...any suggestions on where to start? webpages? books? anything would be helpful.

[flipshark]

Originally posted by rafiki55
oooh bbd.b looks pretty good (coming from someone who knows nothing about stock)...down 5 cents right now. I would invest in stock, but I don't know anything about it and don't know where to start.

I guess now would be a good time to start learning though...any suggestions on where to start? webpages? books? anything would be helpful.

Honestly I would recommend you start by investing $0

Seriously, go to somewhere like quote.com

http://finance.lycos.com/home/portfolio/intro.asp

Learn the basics and invest fake money in a portfolio. Pretend you buy X number of dollars of share Y. See if your money grows.

If you lose all the time, investing either isn't for you, you need to switch to lower risk stocks, or you need a lot more research

If your fake portfolio grows and makes money. Then consider investing real money it will likely grow also.

[ViRGo_RK]

Or you might just get lucky at first, try the real market, and then fail horribly.

But it's all alot of fun!

[nordberg]

i bought a bunch of Cisco in 1991.
then, several stock splits later, i bought a home in 2000.
the quick gains are fun, but the real game is longevity.
of course, i was a little lucky too...

[flipshark]

Originally posted by nordberg
i bought a bunch of Cisco in 1991.
then, several stock splits later, i bought a home in 2000.
the quick gains are fun, but the real game is longevity.
of course, i was a little lucky too...

Well I put another $1450 down today to give me and even 1000 shares in the above mentioned stock (BBD.B).

I really have a feeling about it. The stock keeps getting good news (for example the company signed a 20 year 250 billion dollar contract last week), it is the most actively traded stock on the exchange, and it seems every year it goes down in the summer only to fly back up in the winter.

July 2001 down to $10
January 2002 up over $18.00
July 2002 down to $4.70
January 2003 up to $8.00
July 2003 down to $3.93
January 2004 up to $7.13
July 2004 down to $3.50

I'd invest in Cisco but I think I missed the train.. Darn.. if only I was investing in 1991.. instead I was to busy being a typical 10 year old

[asun2art]

Raytheon. They make missles and things that go "Boom" for our armed forces. War time = $$$

http://www.raytheon.com/static/node2634.html

[random_fool]

Originally posted by asun2art
Raytheon. They make missles and things that go "Boom" for our armed forces. War time = $$$

http://www.raytheon.com/static/node2634.html

You wanted Raytheon in December of 1999 - when Clinton was in office and killing the military. Had you guessed then that Bush would be elected, that wars would be starting, you'd be in good shape right now...

Yes, Raytheon may make money in the coming months, but nothing huge. Their growth is limited by government contracts, and right now, if Kerry loses, those are going to disappear. If Bush is reelected, they may jump again, but that'll only happen if you see another war in the future (not much money in rebuilding an army when you have a decade to do it - tons of money in rebuilding in time for an upcoming conflict).


For one of those silly stocks that people overlook, but I think have potential, I'd look at PFCB (it's been beating the market for the last 5 years, tripling during that time, and still growing - there's three within 10 miles of my house, but I expect there's room for more in the rest of the country), or maybe BBY (beating the market since a rocky early 2003, split in 1998, 1999, 2002, and seems to be doing well right now - it is high on its 52 wk. range, so drops may happen, but it should be a strong growth stock for the future).

I'd normally go for diversity with something like Pfizer or JNJ, but I'm not impressed with either of those right now (I think Cialis will knock some of the profitability out of Pfizer, and Intel's been beating the market for the past two years, but they just converged, and there's nothing really driving processor sales until MS releases their next OS - until then, it's all routine upgrades, nothing huge, nothing that'll supplant the memory division as the money factory).

Actually, 'R' looks pretty good - Ryder trucks (rentals, leasing). If the economy really is going to pick up, you'll see a lot more moving, a lot more expansion of small businesses, both of which needs trucks - cheap. Ryder's primary market is leasing trucks to small and medium businesses, the type that are going to be booming in the upcoming 12 months or so, so they may be in a good position to grow. They're not ridiculously expensive ($21.05 today), but they've been growing well since 01/2000 (even during the recession, they didn't drop that much). It should be a relatively safe stock, with a potential for a good gain here and there.

(As for me, I don't have time to play these games most of the time, so my money's all in mutual funds... I expect I'll pull some of that out and start playing sometime in 2006).