Yesterday, I mentioned that I thought the lows seen in most of the major indices would be interim lows and I expected to see a bounce from those lows.
Today, we are seeing that bounce and I have three stocks that I believe you should be looking at, and perhaps buying, if they meet your risk profile.
I will show you why you should be buying these stocks and the exact rules I'm following to buy them. You will be able to mimic these same rules using the tools available to you as a MarketClub member.
The three stocks I'm looking at are:
Amazon.com Inc. (NASDAQ:AMZN)
Under Armour Inc. (NYSE:UA)
eBay Inc. (NASDAQ:EBAY)
Keep your feedback and comments coming, let us know what you think of these three stocks and if you would buy them based on the trading rules I am about to share with you.
Have a great trading day everyone.
Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
yes---I own amazon now and for quite awhile and am considering buying under armour so I agree with your suggestions
I am so fearful of a possible crash that I stay away from any stock with a high earnings per share cost; and that has not weathered at least 3 recessions; and has not maintained a dividend payment for at least 20-years. Even then I hedge each new position I take because the government controls the market and who knows what Obama and/or the Fed will do next. Obviously, my method does not offer high, rapid financial gain but it does provide a very low risk and a low, reliable annual return. Unfortunately, the three suggestions do not meet this criteria; although in the long run, they may well provide (government willing) a much, much, better return to the less risk adverse investor.