Stock Market Game?
Im playing the stock market game in my business mangment class...Im just wondering if have a good plan. I want to spend about 80% of my money on "safe stock" such as apple, microsoft, nike..etc But the other 20 percent, id like to take a risk..which brings me to my next question; what stocks are cheap as of right now, but are sure to boom within the next 6 months?
Public Comments
- Basic materials industry.
- It's a long shot, but I think True Religions (TRLG) is set for a run. Their stock price has been stagnant since late 2005, staying in the 15-25$ range, while their p/e ratio has been shrinking. Not only has their p/e ratio been shrinking, but it is much lower compared to other competitors. Their PEG ratio (Price to earnings over 5 year growth) is also relatively lower compared to competitors. I think it's only a matter of time before their stock price catches up, possibly giving back a 50-75% return. But of course, I could be wrong. Happy trading.
- Tech stocks should start working very well between now and the next 6 months. Right at this price I also like Goldman Sachs or Morgan Stanley (because of todays interest rate cut) very much, along with RAD ( Rite Aid).
- Your ratio is off. Its set fo a 60 year old person... too safe. For a teen to twenty-something aged person, the ratio should be 40% safe and 60% risky. And Microsoft is not safe... its a flat-liner and has been for too long. You're more likely to slowly lose than slowly gain. Look into RIG and DO. AAPL and NX is good too. Study some 6 month technical charts and 5 day technical charts to study when to get in and out. A stock is considered 'bullish' (going up) if its trading at above the 100 day moving average. A great buy if trading above the 100 day and 10 day MA. Here's your link: http://finance.yahoo.com/q/ta?s=AAPL&t=6m&l=on&z=m&q=l&p=m10,m100,s&a=ss,fs,r14,vm&c= . . .
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