Where should I invest my money?!?

In my econ class, we're having a competition on stocksquest.com...where do you think would be the smartest place(s) to place my money (1 mill)? Thanks!!

I've got an easy list for you to check out.

First, I selected from the S&P500. Whatever else is going on in the world, we know that these companies are in a set of substantial volume, and Standard & Poors selected them for price appreciation potential.

Second, out of that set, I screened for a good P/E to Growth, or PEG, value. Next, I asked for an above average profit margin. Finally, I specified an above average return on equity. From that, I get a list of 18: ACE, ATI, ACAS, AIG, AIZ, CHK, HPC, IP, JCP, KSS, LTD, WFR, NCC, PNC, PRU, TRV, XL, XTO. (By the way, since a lot are insurance companies, if there is a natural disaster, sell immediately)

May I suggest that you don't jump into all of them at once, although approtion funds for each. AIG, CHK, and XTO are on clear uptrends, and LTD has started up in the last week. So start with them. Think of it as the tide rising, so you want you boat out on it. On the otherhand, NCP, JCP, and KSS have been down a lot, so you might think of them as being cheap.

Figure out which of two tacks to take: (1) either you are riding things that run up (so you will want to dump the allotted funds in those that are rising), or (2) buy more when it is cheap than you buy when it rises (so you might want to modify your dollar averaging over the period of your project).

Good luck and have fun.

Are you expecting us to spoon feed you?
Read WSJ, Businessweek and Fortune magazine and do you own research. After all, are you supposed to research and learn.
Don't be lazy. It won't do you any good.