Just like with "Health foods", the same oil companies will run the new energy companies.
Down but about to rebound? Only stock picks
- Thread starter morris
- Start date
Just like with "Health foods", the same oil companies will run the new energy companies.
I just bought some shares in Exxon, XMO. I think you are right as they have been spending billions on renewable energy even though demand for oil is still high.
Exxon: Demand for Carbon Fuels Is Still Growing | The Motley Fool
Squirtle
Supreme Chancellor
If you don't mind me asking, how many shares do you own in Ford?Be scary if you want. This is God Tier ish. We tryna get rich and owning Ford stock for cheap and eating off the dividends is the wave.
Squirtle
Supreme Chancellor
What do you guys think about investing in Nintendo? I bought 2 shares at $43. I want to buy more, because of the Coronavirus their stock is sinking, and I think it'll go even lower. Once this Coronavirus situations ends, and they finish their Super Nintendo Land theme park, I predict their stock will increase again. But I am completely new to this, so I know absolutely nothing.
Depends what you're trying to do. If you want a portfolio to sit on a number of years then you could do better, if you're trading with momentum it's not even worth looking at.
It peaked in 2007 at 76.10 and it's at 42.76 rn. So we're talking about a $34 difference over 13 years, it's only up $30 over the last 5 years. Zero movement.
Video game stocks largely aren't worth investing in imo. Console announcements, theme parks etc won't do much as far as price action. Microsoft has Azure services and other things propping it up, if it wasn't for that it'd be a junk stock like SNE, Nintendo etc. Then again I'm looking for big swings when I'm in the market.
If you want to invest in that space though look into chip manufacturers. They move the most as games and shyt get announced, a similar priced stock to Nintendo is AMD.
Squirtle
Supreme Chancellor
Wow thanks for the knowledge breh
the cac mamba
Veteran
fidelity
charknicks
All Star
Yeah, this bloodbath is hard to watch for sure. I have lost about 15% of my holdings, but if you are able to put some in, now is the time. This is the lull that real investors have been waiting for.
jilla82
Superstar
if Sanders gets in office the market is going to tank...
...you can bet on that.
Insensitive
Superstar
Agreed, I'm just trying to find what's a good deal right now.
With that said, I'll repeat it again for the brehs:
Are there any stocks hit exceptionally hard by coronavirus that are a steal right now?
I don't think anyone can answer that rn since we're far from done with the virus, what could be good value today could be down an additional 6% tomorrow.
There was a late surge yesterday that saw the market close higher than it had been all day so some people thought there was a chance Monday would be green. With reported cases in Oregon, Maryland, and 11 in San Antonio alone, along with China reporting weakest manufacturing numbers in history, it's a safe bet those gains will be given back and then some Monday. And that's just news after the close on Fri, we still have Sat, Sun, and early Mon morning to get through.
I could tell you AAPL and DIS are steals bc if they don't go any lower they are but it's highly likely the markets keep falling until a fed cut. And even then this it's a biological issue more than financial so idk just how much that would do.
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Kornball The Conqueror
Superstar
Whats the point of having a bunch of stock if they all go down with the market?
Because it may go back to its original value and more if the earnings report match the market sentiment