A Little Speculative Play Could Pay Off Big
Archives: Marketing/Internet
The market has been getting absolutely clobbered for the last year or so. Some very big names are trading at extremely low prices. Will some of them end up going out of business? Perhaps.
But that shouldn’t deter you. Taking a few chances with some of your speculative portfolio money could lead you to windfall profits.
I’m not talking about buying penny stocks that rarely return anything more than a headache. I’m talking about household names that have just been beaten down for a multitude of reasons. The list I ran through a stock screener of companies with a market capitalization of over $1 billion and share prices less than $10/share returned 221 results.
I don’t want you to go crazy and buy up thousands of shares of companies like these. You should still be prudent and diversify. As an example, you could invest $100 in 10 of the following 16 companies. You would have $1,000 invested, and would need only a few to pay off to get a great return.
Under $10/share (as of 11/21/08):
Time-Warner (TWX)
UBS
Dell Computers (DELL)
Yahoo (YHOO)
Alcoa (AA)
Starbucks (SBUX)
Macy’s (M)
Applied Materials (AMAT)
Under $5/share (as of 11/21/08):
Citigroup (C)
Motorola (MOT)
Sprint (S)
AIG
Ford (F)
Sun MicroSystems (JAVA)
General Motors (GM)
[Ed. Note: The market may not look so hot right now. But you should be ready to take action when the moment strikes. Some incredible opportunities are headed your way. For an educational program that lays out the simple steps you need to take advantage of them, click here.]
Very nice, keep it up.