6 Jul
How can you tell which stocks are going to give you the most success?
I’m just wondering- I’m green in stock trading, and I don’t intend to start until the economy gets better. Meanwhile, I’d like to first know what I should buy once things clear up….Thanks in advance!
Posted by Joe P on 06.07.09 at 12:30 pm
If it was that easy, top money managers would not be earning a Million plus per year. At least 95% of people with no experience will lose their money to those with experience. Buy a good mutual fund, and spend your time doing something else is good advice. Even experienced managers with great track records often times get their heads handed to them when things change rapidly. Approaching this with your experience is a no win situation. Most stockbrokers, in spite of training and many years of experience seldom do as well or better than the market does. Oh, by the way, when the economy gets better, the stock market will already be up. It is up about 20% now from its low in early March. Stock prices anticipate future earnings, not current or past earnings.
Posted by David on 06.07.09 at 12:30 pm
You need to go with Solar Energy companies and Nanotechnology. Find out companies that develop in these areas, and buy stocks in them.
Posted by Hertha on 06.07.09 at 12:30 pm
Income growth, debt ratio, sales growth and other indicators that the company will be highly successful.
Posted by Space Invader101 on 06.07.09 at 12:30 pm
For long-term (5 years +) I look for blue chip stocks that have a history of raising their quarterly dividends. You can find this in the investor section of their web sites. Stocks like IBM, Coca Cola and McDonald’s.
If your thinking green the biggest growth area is solar energy. It’s better to invest green now:
Exchange Traded Funds (ETFs):
- Claymore/MAC Global Solar Energy (TAN)
- Market Vectors Solar Energy(KWT)
I agree with the Joe P’s answer, it’s a lot easier to go managed funds. I’d pick more than one fund to diversify. Maybe 2-4 funds.