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Could you please tell me how these stocks would do????? HSE ( Husky Energy), DVN(Devon), COP(ConocoPhillips)?


Hey guys!!! please tell me your honest opinion as to how these stocks would do? and if they are a good pick for this year by looking at the P/E ratio and dividends and volume etc????? This is my first time buying stocks and am eager to invest $1000 in something I can trust. I have never done stokcs before and could you also TELL ME HOW TO BUY THEM???? WHATS THE EASIEST AND FASTEST WAY TO BUY THEM?????? any website???? PLease honest opinions would be appreciated!!!!!!

Those oil stocks are good long term investments in my opinion. If however you are going to invest only $1000 I do not recommend investing in those stocks. Too much risk. Instead I would invest in a decent mutual fund or index fund. Much less risk. You can buy the mutual fund directly from the mutual fund company if it is an open ended fund. A closed end fund or ETF index fund, you will need to purchase through a stock broker.

An ETF index fund that has done well is IWN.
Closed end funds that have done well and are not too risky are SWZ and GAM. More risky: TDF, and IIF and CHN.

My favorite mutual funds all have minimum purchase amount above $1000 but one family of funds to consider with low minimum purchase amount of $250 is American Funds.

You can open an on line brokerage account with Scottrade with a $500 deposit minimum or OptionsXpress with no minimum.

If you do not mind the possibility that you may loose 25% of your initial investment this year go with one of those oil companies. Over the long term 5+ years you should do ok. A somewhat safer investment in a particular stock would be BAC or JNJ or LOW. All trading at near record low prices and all considered investment grade.

Charles Schwab, TD Ameritrade are online. Open an account. They will answer questions for you. Go to bigcharts.com to get info about stocks. Yahoo looks interesting.

Honestly, I think that those are good oil stock picks but i dont think that they are the best place to be for 2007. I dont think oil will go anywhere. I think that you should open up a scottrade account at scottrade.com. There you have $7 dollar trades which is cheaper than most of the other brokers. I suggest right now looking at the dow 30 index and looking up some good bluechip companies. Try something like Microsoft (msft) because I think that Vista will have a big impaact on the company and the stock. Another stock that I am also very bullish on and have mad tons of money on is Apple Inc. (aapl) It is around $95 right now and it could go way past $100 and it may even split. When a company announces a split the stock goes higher before the split but seems to go down a bit after the split but then goes right back up. Just look at the charts for the last time Apple splits. They are back to where they were before they split in a short amount of time. Good luck and feel free to email me with any further questions as I will be happy to answer them for you.

I would choose mystockfunds.com, commission is only $3/trade

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