| View previous topic :: View next topic |
| Author |
Message |
itaewonguy
Joined: 25 Mar 2003
|
 Posted: Mon Nov 10, 2008 2:25 am Post subject: HOT stock picks! lets hear them |
 |
|
OK I'm not sure how many of you invest but we would love to hear some good tips..
anyone got any good picks?
I like..
Seagate - its currently trading at 6.60 down from 28.00 4 months ago..
this might be a good stock to buy now at this low price.. they make good HDD and are a major player in the market..
Yahoo
the second biggest search engine, the stock is down 60% right now..
is currently trading at 12.20 down from 33 dollars from 4 months ago..
I think this company will be around for a few more years yet, so this could also be a great stock to buy at this very low price..
DELL
has always been a good performing stock usually trading around the 25-30 dollar a share mark.. has crashed with this credit crunch in the last 4 months is now trading at a bargin price of 12.50 a share.. Dell is bringing out new products in 2009 so keep your eye on this stock..
IBM
always been a great company and is now trading at a low price of 86 dollars a share down from 125 dollars a few months ago.. a solid rock company so always a safe stock for divs.
with this credit crunch at the moment I think TECH stocks will rebound quick so these might be some good stocks to buy at a cheap price..
or not! hahaha
anyone got any tips they might want to share? |
|
| Back to top |
|
 |
ChopChaeJoe
Joined: 05 Mar 2006
Location: Seoul
|
| Posted: Mon Nov 10, 2008 2:47 am Post subject: |
|
|
ING is having a sale. How do you buy stocks in Korea?
I think the hard drive market will plummet with the rise of flash-mem drives. Dell has always been a less-than-top notch computer company. I'd guess medium growth there. i don't think innovation when I think Dell. IBM, well like they say, nobody ever got fired for buying big blue. Yahoo will probably stay in the crapper. Yahoo doesn't seem to know what its purpose is. It just seems so useless, except for email. I guess for lazy people it's fine.
Anyways, it's always fun to speculate about the rise and fall of stocks. |
|
| Back to top |
|
|
itaewonguy
Joined: 25 Mar 2003
|
| Posted: Mon Nov 10, 2008 2:52 am Post subject: |
|
|
| ChopChaeJoe wrote: |
| ING is having a sale. How do you buy stocks in Korea? |
you can walk directly into any ING center or go to the stock exchange and open an account as a foreigner..
or you can open an online brokage account but its harder if you cant understand korean... |
|
| Back to top |
|
|
ChopChaeJoe
Joined: 05 Mar 2006
Location: Seoul
|
| Posted: Mon Nov 10, 2008 2:52 am Post subject: |
|
|
| From what an ING rep told me, ING is NOT licensed for sale in korea. |
|
| Back to top |
|
|
Join Me
Joined: 14 Jan 2008
|
| Posted: Mon Nov 10, 2008 4:10 am Post subject: |
|
|
Here is a list of of the stocks I recently purchased: GE, Bank of America, 3M, AIG (this one may not come back but if it does I will make some nice money), Home Depot, Best Buy, JP Morgan, United Technologies and Yahoo. As you can see, several are Dow stocks and I am betting each of them has the strength to last out the bad times that are coming. A couple of them have already received assistance from the government and they have been deemed important enough to the economy that the government will do everything then can to make sure they make it back to the good times.
Stocks go up and down and all of these (like most stocks out there are down now...considerably). I am gambling they will climb over time. I am willing to hold them. |
|
| Back to top |
|
|
itaewonguy
Joined: 25 Mar 2003
|
| Posted: Mon Nov 10, 2008 6:20 am Post subject: |
|
|
| Join Me wrote: |
Here is a list of of the stocks I recently purchased: GE, Bank of America, 3M, AIG (this one may not come back but if it does I will make some nice money), Home Depot, Best Buy, JP Morgan, United Technologies and Yahoo. As you can see, several are Dow stocks and I am betting each of them has the strength to last out the bad times that are coming. A couple of them have already received assistance from the government and they have been deemed important enough to the economy that the government will do everything then can to make sure they make it back to the good times.
Stocks go up and down and all of these (like most stocks out there are down now...considerably). I am gambling they will climb over time. I am willing to hold them. |
how are you buying your stocks??
what brokage you using?
also what country toy running out of and how much tax you paying on profits? |
|
| Back to top |
|
|
Join Me
Joined: 14 Jan 2008
|
| Posted: Mon Nov 10, 2008 6:39 am Post subject: |
|
|
| itaewonguy wrote: |
| Join Me wrote: |
Here is a list of of the stocks I recently purchased: GE, Bank of America, 3M, AIG (this one may not come back but if it does I will make some nice money), Home Depot, Best Buy, JP Morgan, United Technologies and Yahoo. As you can see, several are Dow stocks and I am betting each of them has the strength to last out the bad times that are coming. A couple of them have already received assistance from the government and they have been deemed important enough to the economy that the government will do everything then can to make sure they make it back to the good times.
Stocks go up and down and all of these (like most stocks out there are down now...considerably). I am gambling they will climb over time. I am willing to hold them. |
how are you buying your stocks??
what brokage you using?
also what country toy running out of and how much tax you paying on profits? |
I set up an online brokerage account through my bank (Bank of America) in the USA. Technically, since I am living abroad I am not supposed to do this. But, I did it anyway. Taxes on profits? So far I have lost about 8% on the stocks I bought. They all dipped after the election. Looks like the majority of them are now headed back the other way. Like I said, I bought these stocks because I believe most of them are under priced value stocks. It may take a while for me to make any money on them. But, they are solid companies (most of them are...I am taking a couple risks that may or may not pay off) and I bought near the bottom (I hope) so I am not worried about it.
Maybe I am wrong. But, there has only been a couple of opportunities in my life time to buy some of these stocks at the prices they are at now. I wasn't old enough to get into the stock market at these other opportunities. I am not missing out on this one though.
Last edited by Join Me on Mon Nov 10, 2008 6:43 am; edited 2 times in total |
|
| Back to top |
|
|
visitorq
Joined: 11 Jan 2008
|
| Posted: Mon Nov 10, 2008 6:39 am Post subject: |
|
|
I think Japanese export-based stocks look fairly attractive. The Nikkei is certainly undervalued. Japanese business confidence is pretty dismal and the overall economy in the doldrums, but Japan still has so many world-beaters that are virtually guaranteed to perform once this recession lets up and exports regain their level.
Also, while I'm definitely no expert, I've lately been wondering what the future will hold for some of the more struggling American companies such as GM or Ford, whose stocks are at rock bottom. These 2 companies are hemorrhaging money at present, but will likely do everything they can (assuming they survive) to restructure and compete with their Asian rivals selling more fuel efficient cars. If they get enough gov't bail-out money to ride through these bad times, just in time to start cranking out domestic hybrids in the US, then I think sales would not only recover but they'd experience a surge of profitability. Probably quite risky though, and not likely to anytime soon though... (a safer bet would probably just be Toyota; it's stock down a bit but sure to go back up).
What I really wish I knew was which companies are most likely to receive and benefit from the bail-outs... |
|
| Back to top |
|
|
Join Me
Joined: 14 Jan 2008
|
| Posted: Mon Nov 10, 2008 6:49 am Post subject: |
|
|
| visitorq wrote: |
I think Japanese export-based stocks look fairly attractive. The Nikkei is certainly undervalued. Japanese business confidence is pretty dismal and the overall economy in the doldrums, but Japan still has so many world-beaters that are virtually guaranteed to perform once this recession lets up and exports regain their level.
Also, while I'm definitely no expert, I've lately been wondering what the future will hold for some of the more struggling American companies such as GM or Ford, whose stocks are at rock bottom. These 2 companies are hemorrhaging money at present, but will likely do everything they can (assuming they survive) to restructure and compete with their Asian rivals selling more fuel efficient cars. If they get enough gov't bail-out money to ride through these bad times, just in time to start cranking out domestic hybrids in the US, then I think sales would not only recover but they'd experience a surge of profitability. Probably quite risky though, and not likely to anytime soon though... (a safer bet would probably just be Toyota; it's stock down a bit but sure to go back up).
What I really wish I knew was which companies are most likely to receive and benefit from the bail-outs... |
I think the automotive industry just doesn't have the capital needed to wait this out. They are losing a ton of money everyday. GM was already in a mess before this started and with the cash Ford is burning though they will be in serious trouble in a few months. I personally don't think the government should bail out the auto industry. Their problem has existed for a long time now due to poor design. That is their own problem.
AIG is one company that is benefiting from government assistance. They already got an assistance package and I heard on the news today they are going to seek more.
I agree with you that some of the Japanese stocks are worth looking into. Their car manufacturers are going to come out of the storm better off as they already are making the efficient products the few buyers that are out there will be looking for.
FYI...GM stock is down 30% today...I smell death. |
|
| Back to top |
|
|
visitorq
Joined: 11 Jan 2008
|
| Posted: Mon Nov 10, 2008 7:13 am Post subject: |
|
|
| Join Me wrote: |
| visitorq wrote: |
I think Japanese export-based stocks look fairly attractive. The Nikkei is certainly undervalued. Japanese business confidence is pretty dismal and the overall economy in the doldrums, but Japan still has so many world-beaters that are virtually guaranteed to perform once this recession lets up and exports regain their level.
Also, while I'm definitely no expert, I've lately been wondering what the future will hold for some of the more struggling American companies such as GM or Ford, whose stocks are at rock bottom. These 2 companies are hemorrhaging money at present, but will likely do everything they can (assuming they survive) to restructure and compete with their Asian rivals selling more fuel efficient cars. If they get enough gov't bail-out money to ride through these bad times, just in time to start cranking out domestic hybrids in the US, then I think sales would not only recover but they'd experience a surge of profitability. Probably quite risky though, and not likely to anytime soon though... (a safer bet would probably just be Toyota; it's stock down a bit but sure to go back up).
What I really wish I knew was which companies are most likely to receive and benefit from the bail-outs... |
I think the automotive industry just doesn't have the capital needed to wait this out. They are losing a ton of money everyday. GM was already in a mess before this started and with the cash Ford is burning though they will be in serious trouble in a few months. I personally don't think the government should bail out the auto industry. Their problem has existed for a long time now due to poor design. That is their own problem. |
Yeah, I agree they look pretty hopeless left on their own (I just read somewhere that at this rate GM might run out of cash in just a few months  ), but with 700+ billion dollars earmarked, I gotta wonder if the gov't will really let such pillars of industry go bust. Just think how many jobs that would cost, it would be unreal. So I can't help but think they're going to get some serious assistance here in the very near future.
I also agree a lot of the problem is their own fault for building too many damn SUVs and not reading the signs of the times. But nevertheless I know a lot of Americans would rather buy an American car than an Asian one if the quality were on par, and GM and Ford can each come with some answers to the Toyota Prius et al I think it would work wonders. Considering how low the stocks are now, if either company were to even recover to a reasonable level, you'd make a fortune. It's certainly possible, but risky and I doubt it will ever happen without serious assistance from the government, and you'd have to wait on it. |
|
| Back to top |
|
|
Dukey77777
Joined: 28 Jun 2007
Location: Chungcheongbuk-do
|
| Posted: Mon Nov 10, 2008 7:28 am Post subject: |
|
|
Does anyone have any recommendations for foreign brokers? I've been looking around lately at some of the bigger ones - Barclays, Schwab, Fidelity.... the latter 2 charge $50 minimum and $1.5% commission...Barclays has a minimum commission of $100.
Anyone have an investment account with Samsung or something similar, with access to all the asian markets? |
|
| Back to top |
|
|
Dukey77777
Joined: 28 Jun 2007
Location: Chungcheongbuk-do
|
| Posted: Tue Nov 11, 2008 6:33 am Post subject: |
|
|
| anyone? |
|
| Back to top |
|
|
itaewonguy
Joined: 25 Mar 2003
|
| Posted: Tue Nov 11, 2008 7:20 am Post subject: |
|
|
| Dukey77777 wrote: |
| anyone? |
why not open an online brokage account with amitrade or something.. |
|
| Back to top |
|
|
Dukey77777
Joined: 28 Jun 2007
Location: Chungcheongbuk-do
|
| Posted: Tue Nov 11, 2008 7:51 am Post subject: |
|
|
| itaewonguy wrote: |
| Dukey77777 wrote: |
| anyone? |
why not open an online brokage account with amitrade or something.. |
as far as i know, online brokerages such as etrade and ameritrade do not allow trading on the world markets
i could be wrong though |
|
| Back to top |
|
|
red_devil
Joined: 30 Jun 2008
Location: Korea
|
| Posted: Tue Nov 11, 2008 8:15 am Post subject: |
|
|
Mine:
Apple
Google
Amazon
McDonalds |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
