stock tips

Ken_Is_OK wrote: anybody got any?

Sorry, I didn't see your post until now.

aapl
rimm
qcom
gs
jpm

All are low risk over the long term (2 years).  I don't trust RIMM as much as others do.  But that lack of trust has been my downfall so far (up 127%).

The approaching wireless broadband phone boom has been projected by Goldman Sachs to be 40 times the size of the PC boom of the 90's.  That said, anything related to wireless should be positively affected. 

Seriously, you should watch Jim Cramer on CNBC for tips about wireless if you don't have access to Goldman Sachs, or at least watch his clips on the CNBC blog.  Techs were expected to pull back their usual 8% after last week's tech convention, and they did exactly that, so now is a good time to buy. Sell AAPL once it reaches $180, or at least take 50% off the table.

If you want a day trade, buy TCK on a down day and sell on an up.  If it pulls back 2 days in a row, you've got a easy $$$ the next day or two. It has become very volatile.  If  the demand for copper ever becomes real, the stock will double. In fact, it has doubled several times over since I recommended it here several months ago.

Cramer's official speculative stock pick for 2009 is SLM.  Unfortunately, it has risen 25% since he recommended it (because he recommended it) a few days ago.

Do not invest more than 20% of your portfolio in any one stock.  Also, stay diversified by investing in multiple industries.

I usually invest no more than 5-10% in any one stock. A few stinkers are a part of anyone's portfolio, but if you're right 60% of the time, you're doing just fine. 60% is a very modest goal.

If Kenny gives you any tips on oil, do the opposite of what he says. You will become a very rich man.


Edited by FriendlyHammer - 14/June/2009 at 1:46am