which stocks to buy or short for a period of two months? doing a stock market game for school!?
this is a game for school, we can use buy/sell stocks, short/cover stocks, and use options. any advice would be great!
Public Comments
- Growth and Income Abbott Labs Abbott has its hands in several areas of health care, which will come in handy if any one area stumbles. Specifically, its stent business is growing steadily as are sales of its nutritional products (think energy bars). In April, Abbott snipped the ribbon on a $450 million, 330,000-square foot biotech plant in Puerto Rico, a signal that the company is trying to assert itself in new growth areas. One bit of trouble to keep an eye on: Drug-coated stents by Abbott and other drug makers are currently in the news for potential blood clot risk they pose. Johnson & Johnson Worries about drug-coated stents and competition from generic drugs have weighed on Johnson & Johnson. But its stock is still promising. With medical devices, diagnostics, and consumer products, J&J is far more diversified than most pharmaceutical makers. In addition, it has increased its dividend for the past 44 years, generates a whopping $10 billion in free cash flow, and boasts an AAA credit rating.
- check out this site for some ideas. http://www.stockta.com/
- Go to proshares.com and buy anything that says Ultrashort. Those stocks go up two times the fall of the market and it's likely that the market will fall a bit in the next two months. Options would be a great way to make a lot of money without spending a lot of money but you could get hammered. It's only a game so I would recommend a highly speculative pick if you go with an individual equity.
- buy July call options for DJ (Dow Jones)
- www.stockpikr.com - good site that lets you see who owns what, its a good place for ideas..... DO NOT buy DJ call options - those things are so highly priced given the potential volatility that it would take a new bidder to massively outbid Ruppert, which aint gonna happen.
- Some suggestions: Buy Aspreva (ASPV) a small drug stock which is about to release results from a test of one of its drugs. This often causes stocks to go up sharply, if the drug works well. The drug in question has been found to work well in the past and is already widely used, so the results should be favorable. (Note you may want to ignore this post if the price of ASPV is much about 19). Genentech (DNA) has hit a 52 week low for no obvious reason. This is the top biotech firm in the world, and I think its trading at an all time low PE. The market is likely to come to its senses and rush in to buy at some point. Palomar Medical (PMTI) Makes 'cosmetic' lasers used in laser hair removal, tatoo removal, etc. At/near a 52 week low and trading for a very reasonable PE. Buy Puts for Apple (AAPL) the stock has run up enormously on iPhone hype, and I think it's time for it to come crashing back to earth. Buy calls and puts for Starbucks (SBUX) Starbucks has dropped sharply in recent months, largely because investors are worried the stock won't be able to grow as quickly as it has in the past. Either 1) the fears will continue and the stock will go down to about 20, or the fears will abate and it will go back into the upper 30s. One of the fun things about options is that you can make both bets and still make money if one pans out.
Powered by Yahoo! Answers