What's Your Number 1 Stock Pick

Discussion in 'Stock Market Forum' started by JadeDoo, May 4, 2014.

  1. uggonen

    uggonen Well-Known Member

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    My favourite stock is Fortum, a Finnish electricity company. It is one of the best shares sold in Helsinki stock exchange.
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I'm not a chartist myself. I actually LIKE seeing these selloffs that occur when something I like breaks below some moving average or whatever and gets cheaper - I generally see that as a buying opportunity.

    I'm a pretty big follower of Ray Dalio, and like him I invest in gold for the longterm as an alternate form of currency and a hedge against inflation and other problems.

    Besides gold and stocks, I also have a pretty good sized investment in OIL, and a few bucks in SH as a hedge as well. I also like silver, nat gas, and also at times palladium, platinum, and copper in smaller amounts. I also have a few bucks in a real estate fund in my retirement account.
     
  3. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I tend to hold most positions for a while. I look at fundamentals mainly. Sometimes events can create opportunity as well - short term or longer.

    I had about 250 stock positions before the 2012 election, and I sold off about 90% of them right after. I went heavier into cash and commodities than I should have, but I've gradually added another couple dozen stocks in the last year and a half. I also have about a half dozen or so put positions currently. I did ok in '13, but I would have done INCREDIBLE had I not sold off so many stocks and gone to such heavy cash and heavier than normal commodity exposure.

    Live and learn! :D
     
  4. JadeDoo

    JadeDoo Well-Known Member

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    Ya 2013, I was fully invested dumped my gold and bought mainly stocks. Made like 25-30% that year.
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I think 2013 confirms that the Fed trumps everything else. I would have ended up close to triple digits in '13 had I not sold off most of my stocks, gone to much more cash, and bought more commodities.

    I came into some extra loot in the summer of 2011 that was burning a hole in my pocket, just as the markets were going through another hard correction. Instead of blowing the money on women, travel, cars, or whatever, I decided to add it to my investment portfolio, and I ended up buying mostly pretty small amounts of another 150 or so suddenly very cheap and very attractive stocks to add to the 100 or so I had in my portfolio prior to that.

    About 50 of the stocks I had in my portfolio going into the '12 election were highly speculative names that I owned very small amounts of - like a couple hundred bucks or so in each. I sold almost all of those before the election, and most of the others in my portfolio. I held on to those I really had strong convictions about, and I ended up doing about half as good as the overall markets did last year.
     
  6. richc3

    richc3 Senior Investor

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    ACQ (Auto Canada) on the Canadian market. The P/E could scare anyone away and especially the explosive growth in share price over the past year or so.

    https://www.google.ca/finance?q=TSE:ACQ&ei=kcWfU5DQKaWYiAKPlYHgBA

    In any case, what they do is essentially purchasing car dealerships left and right. Right now, they're mostly targeting established family run dealerships where the owner, more-often a boomer, is ready to retire from the business and their children don't want to carry it forward. One of the integral benefits of owning numerous dealerships is that if say a customer is looking for ____________ vehicle and it's not available at one dealership, they can look through a database of other dealerships owned by ACQ and effectively make the sale.

    In the USA, there are various companies that are doing in the same, but ACQ is the top dog in Canada (some would say the only dog) when it comes to this and they're aiming for over 12 acquisitions a year.

    As for myself, I've made some huge returns on this stock.
     
  7. JaydonTyler

    JaydonTyler Well-Known Member

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    People dont like giving away their top picks. It's an ego thing. For myself, I am not in position to offer stock picks. They are not really what I invest in. I do like to learn about the market, so I do follow it closely, but thats about it.

    Maybe others will have picks to offer.
     
  8. egrocket

    egrocket Member

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    I really like PayPal now that they are separating from eBay. I am very curious to see how they do, but I have a very good feeling about this stock. When they get on the market I would definitely say invest some in that. Good luck!
     
  9. crimsonghost747

    crimsonghost747 Senior Investor

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    It will definitely be interesting to see what PayPal will be like as a separate company. Keeping a close eye on this one myself, though I do have gut feeling that it will be too highly valued. (just like most of the market is)
     
  10. AtlantaSports

    AtlantaSports Senior Investor

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    Paypal has always thrived because of how unique that business is as a whole. I may invest in them sometime soon.
     

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