Oil stock has to go back up eventually, right?
Any cons to putting some money in it and sitting?
Any cons to putting some money in it and sitting?
Oil ,airlines ,certain cruise stocks, resorts stock , certain food and entertainment stocks are all gonna go back up eventually. Now that "eventually" might take 4 years but that's the game. Just due your research on which companies have alot of cash to hold them through the turmoil and who was doing good before the crash and you'll be good.Oil stock has to go back up eventually, right?
Any cons to putting some money in it and sitting?
Hope yall kats bought that wayfair stock back when it was low. I purchased some at 80 bucks a while ago...shyt 194 today...
who's the lick for tomorrow brehs?
I got like a rack I'm ready to flip
Would it be good to buy Exxon mobil stock now? If the country is on pace to open up, would the stock go back up?
I gotta stay in this thread more.
Got it, thanks. I see it has a 7.4 dividend yield. I was always bad at math, can you explain how to calculate how much money you would earn based on the dividend yield? Pretend you are speaking to a dumbass.Yeah the stock will probably go up when the country opens up. I think all oil stocks will. Now that doesn't mean that the stocks will jump to record highs or where it was (before the virus) when the country opens back up.
Vix is in the high 20 so the volitility has slowed down.
So theres a lot of tech stocks you can jump in.
If you want to play it safe you can dump it into wallmart. Their earnings will come out on the 19th I believe so they should have record earnings.
Can you elaborate on this more? Basically, its a sports betting company the is expected to rise in price when sports opens back up?