Good Stocks to Buy Today
Most investors ask the same question everyday – what are the good stocks to buy today? Unfortunately, the answer is not simple at all. In fact the answer is different for different investors. There are many different factors which should be considered while choosing the stocks to be bought. Let us see what these factors are.
The first and the most important factor is the risk appetite of the investor. Some investors are very risk averse therefore they should not consider stocks which are potentially very risky. Penny stocks come into this category. They should look at well established companies called blue chips which have been giving consistent returns over last ferw decades. For moderate risk appetite investors, they can invest in mid caps and large cap companies. Investors who can afford to take risks can consider penny stocks, small cap and mid cap companies.
Some of the blue chip and large companies include Microsoft (Nasdaq: MSFT), IBM Corporation (YSE: IBM), General Electric (NYSE: GE), Wal-Mart (NYSE:WMT), Apple Inc (AAPL), Applied Materials Inc (AMAT), eBay Inc (EBAY), Abbott Laboratories (ABT), Baxter International Inc (BAX), Honeywell International Inc (HON), Hewlett-Packard Co (HPQ) and McGraw-Hill Companies Inc (MHP), Citigroup Inc (C), Bank of America Corp (BAC), Cisco Systems (CSCO), Wells Fargo & Co (WFC) JPMorgan Chase & Co. (JPM), Berkshire Hathaway Inc. (BRK.B) etc.
Some of the good stocks of mid cap companies include ABM Industries Inc (ABM), Citrix Systems Inc (CTXS), DreamWorks Animation SKG Inc (DWA), Endo Pharmaceuticals Holdings Inc (ENDP), Garmin Ltd (GRMN), MSCI Inc (MXB), Red Hat Inc (RHT), Microchip Technology Inc (MCHP)
Some of the good stocks of small cap companies include Alliance Financial Corp (ALNC), Duncan Energy Partners LP (DEP), Patni Computer Systems Ltd (PTI), Unica Corp (UNCA), ATS Medical Inc (ATSI)
Gold is also considered to a good bet and many people used gold investments to hedge against the fluctuations in gold market. The easier way to start investing in gold is to buy Gold ETFs or gold stocks. Some of the good companies in this area are Esperanza Silver Corporation (EPZ), Riverside Resources Inc. (RRI.V) , Almaden Minerals Ltd. (AAU) , Cornerstone Capital Resources (CGP.V), Gold Fields Limited (GFI), Newmont Mining Corporation (NEM), Tanzanian Royalty Exploration Corporation (TRE), Northgate Minerals Corporation (NXG), Yamana Gold, Inc. (AUY)
There are many other factors like the strategy used by investors which to help them decide type of stocks to be bought. Some investors believe in day trading while some think buy and hold strategy is the best bet. Obviously, for day trading stocks which have more fluctuations are better. For long term investments, it is always recommended to buy and hold stocks of larger companies which give better returns in long term. Therefore there is not one answer for good stocks to buy today. The investor should do thorough research and then invest his hard earned money.
Related posts:
- List of gold stocks and the gold stocks list
- Hot stocks to buy – Buy tech stocks, Best tech stocks of the year
- Gold stock investing – ways of owning gold
- Best Canadian Gold Stocks to buy now
- Gold stock investments – why gold is still a buy?
Filed Under Gold stocks, Stock market investing, buy stocks, stock market for beginners | Leave a Comment
Tagged With blue chip stocks, good stocks to buy, great stocks to buy today, mid cap stocks, Penny Stocks, stocks to buy today
Comments
Leave a Reply