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what are the best stock to buy today ?


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2011 Aug 8, 1:11am   16,714 views  72 comments

by cloud13   ➕follow (0)   💰tip   ignore  

I'm going to put into BAC and C, If they go lower I'll put more into these tomorrow.
But WHAT ELSE ??

#investing

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50   MisdemeanorRebel   2011 Aug 16, 2:25am  

surfingerman says

thats what loosers say, as an investor i consider it my first and foremost job to identify fraud, thats part of the role of an investor aka investigator to weed out the scams from the legit deals,

Most people don't have the time or aptitude to dig deep into financial statements. However, one should always read a few opinions from people who are Shorting the company prior to investing.

The shorts do more to bust Fraud than the SEC.

51   corntrollio   2011 Aug 16, 10:58am  

E-man says

EBguy, I hope you took profit on PBR.

I bought some PBR the other day. 66 cents/can, a bargain at twice the price. Then I drank it and day-traded some stock and made $1000. PBR is awesome.

52   B.A.C.A.H.   2011 Aug 16, 2:03pm  

stock in yourself, or a family member. Tuition, healthcare, job training, gym membership (make sure to use it!).

53   Vicente   2011 Aug 17, 5:32am  

LINE and SBUX both look interesting to me today. Thanks for pointing those out E-man.

54   ClaraCoCo   2011 Aug 17, 11:12am  

MPEL - Best Casino investment in Macau, most undervalued.

55   Vicente   2011 Aug 18, 5:24am  

Another drop today. Keeping powder dry for reload soon though.

56   BeMeProtest   2011 Aug 19, 4:00am  

What about PSQ? Or any similar inverse ETFs? If we all believe the market is falling, why not try to take advantage of it?

57   Vicente   2011 Aug 19, 4:49am  

I'm leery of inverse ETF for slow grinds down like this.
YMMV.

58   EBGuy   2011 Aug 19, 4:51am  

I put some retirement cash in the mREIT ponzis -- here's a good leverage chart. I can't help but feel this will end badly, but for now, there's cheap money.
I think some of you folks come from this school of investing. Name that investor:
“I’ve taken a whole different approach than most people in investing. I think buy and hold is a crock of *%&# (bleeped). I’ve always been of the attitude that unless you really have a commitment to something, just keep your money in cash … knowing that at some point in time, there’s going to be a week or two like we’ve just had.”

59   corntrollio   2011 Aug 19, 5:59am  

BeMeProtest says

What about PSQ? Or any similar inverse ETFs? If we all believe the market is falling, why not try to take advantage of it?

That works if you understand how inverse ETFs work. Most people do not. I have written about this in two prior discussions:

http://patrick.net/?p=617532#comment-757241
http://patrick.net/?p=880544#comment-750625

Inverse ETFs are absolutely not the same as a short and do not simulate a short except on a daily basis. They do not simulate a short over the long term, and high volatility, such as we are seeing now only makes them simulate a short more poorly. Unless you are day-trading, inverse ETFs or 2X or 3X ETFs may not make sense for you.

60   Vicente   2011 Aug 23, 5:35am  

Wondering if you pulled the ripcord and bailed out of BAC and C?

Or are you averaging into them as they go down?

61   cloud13   2011 Aug 24, 8:49am  

No still holding on...Governement won't let both fail at the same time.
Even if one of then gets out of the woods- I'm covered.
If both fail- I'll be unlucky.

I did buy RIG also ......and shold've bought SNY at 31 dollars.

62   cloud13   2011 Aug 25, 2:44am  

okaaay Good....buffet invested in BAC today

63   FortWayne   2011 Aug 25, 3:44am  

had bought BAC a while ago, will hold off for a while now since Buffet bought it. When he gets it, it usually becomes main stream.

64   American in Japan   2011 Aug 25, 12:06pm  

@Interesting that this BAC deal is not that great compared to the GE and GS deals. 6% dividend and 5% premium in shares buy back compared to 10% dividend and a strike price of $115 for GS and not sure about the strike price for GE.

Thanks again, E-man.

65   Â¥   2011 Aug 26, 2:07pm  

BAC-PL was selling for $500 in early 2009. I picked up some then, 14% dividend.

Later dropped to $300, LOL.

66   zzyzzx   2011 Aug 29, 3:28am  

I'd say any oil related stocks might be a buy now since oil is town, and I suspect that it will shoot back up since there is no letup in demand from China.

67   Quant HF Mgr   2011 Aug 29, 3:35am  

"What are the best stock to buy today ?"

The only truthful answer: nobody knows.

Anything else is someone either trying to sell you something or trying to sell you on them being smarter than they really are.

Quantitative statistics back up my answer - not even debatable.

68   clambo   2011 Aug 29, 3:45am  

Like the last poster mentioned, no one knows what a particular stock will sell for in the short term because the market is an auction. I was going to sell a painting at Sothebys once. They said it was worth about $15,000. So, it's in the catalog and they have the auction but a few days before the dot.com bubble deflated, so no one bought it or much else. So, my painting was NOT worth what Sotheby's said. They offered to put it into the next auction for 1/2 of the original reserve.
As far as stocks in general, look around. The world runs on oil and capital. It also runs on food, transportation, drugs, and electronic gadgets. People ride around in cars, and like entertainment. Which companies succeed in the competition to provide these needs to a growing world appetite will probably go up in value or produce some dividends or both in the long term.
If I had to choose a stock today, among the last ones would be a badly managed company like B of A.
Generally I let Primecap Management worry about which stocks are good ones or not, but it's irresistable sometimes to buy Apple.

69   Vicente   2011 Aug 29, 5:01am  

I am back in cash again. I'm going to sit out Labor Day most likely and see what happens next.

70   cloud15   2014 May 24, 6:05am  

It's fun to look at old threads sometime .

71   Eman   2014 May 24, 7:31am  

I bought 500 shares of SJW earlier this week for $25.98 I think. I bought $300 shares of EWBC at $32.51, and 1,000 shares of ARR at $4.22.

I picked up 200 shares of SDRL for $33.01 recently when SFace mentioned about it. I'm looking to buy FEYE on a double bottom. I expect it to pull back to $27 in the near future. I intend to buy 200 shares of FB if it comes back down to $57. I intend to buy 20 shares of GOOG if it comes down to $525.

Been busy and haven't been paying too much attention to the stock market. When I closed on my apartment building in the next 3 weeks, I would be busy again.

I'm debating on submitting an offer on 1024 Hopkins Ave in Redwood City. It's a trophy building in my opinion. The reason I'm buying is because I can borrow money at 3% interest rate. Rents are $900/unit now, but I believe I can get $1,800/unit. I'm not buying it for cash-flow, but for pride of ownership. It will have a 4.5% - 5% cap rate after stabilized.

72   AverageBear   2014 May 24, 10:15am  

This thread is like asking someone; who makes the best car/truck? You first have to ask a few questions to figure out the (possible) answer. Are you in your 20s, 40s, in retirement? Risk tolerances? Trader or buy/holder?

If you are a long-term buy/holder of dividend paying blue chip stocks, I would say Coca Cola (KO), Johnson and Johnson (JNJ), and Philip Morris (PM)...

The 3% dividend yield for KO will double to 6% in 7 years, will pay increasing, stable dividends that will outpace inflation. It's done it for decades, and I have a good feeling it will continue to do so for many more..

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