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I have to recommend a stock for a stock investment project.? |
Can anyone help me with a stock that has good potential in the future? If this if for an investment project, I believe the best recommendation would be a closed end fund. Closed end funds trade exactly like stocks. In fact they are stocks. They give you diversity of investments with just one stock. Here are several to pick from: BRKa - Berkshire Hathaway Class A. If your email is like mine, I get at least five or six "hot stock tips" every day. All of them are bound to be great! Silver: short range potential, rushing into a bull market, with a low entry price at present. Manufacturing + above ground shortage= nice profits. 3 year potential easily 3 times it's current value. Stay away from etf's though. I have two recommendations 1. is Packholder Hi Yield Fd it pays a dividend is reasonably priced. It fluctuates between $9.45 and $10.20. none of these listed here have my interest. Berkshire will be in trouble when buffet leaves/retires/dies whatever. Silver is a commodity I wouldn't even touch as an ETF and the ETF is why the silver price is so high as for other ETF's a lot of them are worth looking into. check out some emerging oil tech companies. suppose to be big over the long haul, they say now is the time to get in. Just say microsoft (MSFT) or Cisco (CSCO). They are both pretty strong and have great potential. Or Quest (Q) is a good one, they are growing strong on the west coast. Just go to Yahoo! finance http://finance.yahoo.com/ and type in the quote line any stocks you would like to investigate. I think wind energy is going to be much bigger in the future, so I would suggest Florida Power and Light (FPL). They are the largest owner and operator of wind farms in the US. Plus they are also an electric utility, so you get a good dividend as well. |
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