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Cinthia W | My son is playing a online stock market game for his class. What stocks should he invest in before Dec. 11? |
I was thinking retailers, like for the holiday season, but I really don't know much else to tell him to invest in (banks, hedges, etc.) |
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koldsauce12
 |
I don't think he'll make any money in a mutual fund if he only has a few months to trade. Have him learn about earnings and trade around earnings reports, I think he'll either hit or miss but thats a fun way to live "Go big or go home." |
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alicialions
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If he is doing this for a class, then the teacher must have taught the kids what they need to know to make this decision themselves. |
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Daniel S
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If he doesn't know what he is doing, mutual fund is the way to go. That might be counted as cheating in the class though. Oil companies will be doing good around that time of the year, the more retailers buy the higher oil stock goes. Thats always a given. Mattering on the election of course stocks are going to have a huge change around that time. Before the election put it into bank stocks, for whomever gets elected people will feel that the economy is about to change and will buy more houses. Whether the all get forclosed depends more on what goes on from there on but either way it should be a safe bet atleast until dec 11. |
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matt2894
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I did this years ago in a class as well. Though Apple is expensive, its stocks rise quickly. Also, any major gas companies and construction companies will most likely have good stocks. |
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Andre W
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micro soft |
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Brian
 |
It sounds like his decision. Let him invest in Disney or Hershey's or the Green Bay Packers. Whatever he wants, and he'll probably learn more if he invests in a well-known company rather than a hedge fund. |
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iluv2tradestks
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He probably has "X" amount of dollars to spend in this exercise. Make sure he buys at least ten stocks. So many stocks are beaten down. Make sure he diversifies. Between now and Dec. 11 there should be a rally, and many stocks should go up. The autos are really beaten up so F (Ford) and GM (General Motors) would be on my list. The financials, (banks) have been pretty beaten up, but have started a come back, so you may want to have a bank in their. Walmart has a good chart, and with Christmas coming, it would probably be a safe stock WMT is the symbol I your idea of having about three retailers in the group is a good consideration. High end retailers are not doing so good right now FYI. |
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