I started my new job today. This will allow me to expand on my plan with regards to my overall budget and where I chose to put my money. So stay tuned for that.
Also on the economy front, the market took a dip again today. Check out the stocks you are thinking of buying (or some you may have purchased). If you are thinking, it is a good time to buy on a down day, or if you bought some earlier, buy more a the lower price. Good luck!
Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts
Monday, February 4, 2008
Friday, February 1, 2008
Stocks to look at...
Hey guys, back with some more stocks to look at.
My big one today is Toyota Motor Corporation (NYSE: TM). I would never advise anyone on investing in car companies with the exception of Toyota. I don't need to tell you that their cars and trucks are reliable, however there maybe some things behind the scenes of Toyota aren't as obvious.
1. They run their business extremely well. There is open communication throughout the company that allows them to respond to problems immediately. Whether this is a problem with a vehicle or the way it is constructed, Toyota has made a name for their efficient manufacturing model.
2. Leader in Hybrid technology. Hybrids are future no question about that. When I say future I don't mean 10 years down the road, but development for any other fuel will take time. Not only is Toyota going to be revamping their hybrid batteries in 2009, they are also coming out with a brand new Hybrid model. Also their Lexus brand is going to be unveiling another hybrid to their fleet.
3. R&D. The previous two all lead to this, research and development. Toyota spends millions per day just in R&D. Millions per day! That is a chunk of change that shows why Toyota manages to beat American auto makers every year.
The next company you should all take a look at is The Middleby Corporation (NASDAQ: MIDD). I know you are saying, who the heck is Middleby? Middleby is a manufacturer of commercial cooking equipment. MIDD has a relative monopoly over this industry, every major restaurant has an oven, deep fryer, etc fom Middleby. There is a never ending demand for new restaurants, thus MIDD has an endless stream of customers.
These are two excellent companies. Please do your own research, but you will see I did pick two very nice companies here to add to your porfolio.
Disclosure: I do not own any stock in either TM or MIDD.
My big one today is Toyota Motor Corporation (NYSE: TM). I would never advise anyone on investing in car companies with the exception of Toyota. I don't need to tell you that their cars and trucks are reliable, however there maybe some things behind the scenes of Toyota aren't as obvious.
1. They run their business extremely well. There is open communication throughout the company that allows them to respond to problems immediately. Whether this is a problem with a vehicle or the way it is constructed, Toyota has made a name for their efficient manufacturing model.
2. Leader in Hybrid technology. Hybrids are future no question about that. When I say future I don't mean 10 years down the road, but development for any other fuel will take time. Not only is Toyota going to be revamping their hybrid batteries in 2009, they are also coming out with a brand new Hybrid model. Also their Lexus brand is going to be unveiling another hybrid to their fleet.
3. R&D. The previous two all lead to this, research and development. Toyota spends millions per day just in R&D. Millions per day! That is a chunk of change that shows why Toyota manages to beat American auto makers every year.
The next company you should all take a look at is The Middleby Corporation (NASDAQ: MIDD). I know you are saying, who the heck is Middleby? Middleby is a manufacturer of commercial cooking equipment. MIDD has a relative monopoly over this industry, every major restaurant has an oven, deep fryer, etc fom Middleby. There is a never ending demand for new restaurants, thus MIDD has an endless stream of customers.
These are two excellent companies. Please do your own research, but you will see I did pick two very nice companies here to add to your porfolio.
Disclosure: I do not own any stock in either TM or MIDD.
Thursday, January 24, 2008
Some Long Term Stock Picks
What a better time than to pick some stocks. The stock market is at a low point and this is a great time to get in with some new investments while they are cheap. I hate to say the R-word but these stocks are "recession" proof.
Today's picks are for the long term because, like yourself, day to day checking of stocks maybe difficult (or you have a smartphone feeding you that information). Anyway these stocks are definitely good 1-2 yr+ buy and hold. Which means you can buy and check but keep in mind whatever the day to day action is, they will give you a good return.
My first stock in this mix is Caterpillar (NYSE: CAT). It bottomed out nicely with this stock tumble and this stock is the first stock you should ever buy. CAT is investing overseas and with all the construction going on in China, CAT is profiting. I will not bore you with technicals about CAT but it will also provide you with a nice dividend as well which I always re-invest to keep my shares growing. Don't let go of this stock.
My next stock for your long term portfolio is McDonald's (NYSE: MCD). This might seem like a silly suggestion to buy McDonald's but it is a very good long term stock. McDonald's is everywhere in the world, expands like no company I have seen. They keep their prices competitive to stay profitable in a good and poor market. McDonald's is a great buy and hold stock.
Another pick for you is Johnson & Johnson (NYSE: JNJ). No brainer here as well just like the previous two. JNJ continues to make excellent products some you see and some you might miss. JNJ diversifies into all aspects of heathcare, not just the over the counter medicines you see. JNJ also has a dividend to re-invest.
I have talked about dividend reinvestment in this blog. Most online brokerages (I use E*Trade) have a feature that automatically reinvests the dividend into the stock. Check and make sure yours does as well if you want to utilize the dividend in that fashion.
As a disclosure, I do not own any of the stocks above (doesn't mean I wouldn't want to). If I ever purchase those stocks I will disclose that fact in an update to this post and further posts. If any have specific questions don't hesistate to e-mail me or post a comment.
Today's picks are for the long term because, like yourself, day to day checking of stocks maybe difficult (or you have a smartphone feeding you that information). Anyway these stocks are definitely good 1-2 yr+ buy and hold. Which means you can buy and check but keep in mind whatever the day to day action is, they will give you a good return.
My first stock in this mix is Caterpillar (NYSE: CAT). It bottomed out nicely with this stock tumble and this stock is the first stock you should ever buy. CAT is investing overseas and with all the construction going on in China, CAT is profiting. I will not bore you with technicals about CAT but it will also provide you with a nice dividend as well which I always re-invest to keep my shares growing. Don't let go of this stock.
My next stock for your long term portfolio is McDonald's (NYSE: MCD). This might seem like a silly suggestion to buy McDonald's but it is a very good long term stock. McDonald's is everywhere in the world, expands like no company I have seen. They keep their prices competitive to stay profitable in a good and poor market. McDonald's is a great buy and hold stock.
Another pick for you is Johnson & Johnson (NYSE: JNJ). No brainer here as well just like the previous two. JNJ continues to make excellent products some you see and some you might miss. JNJ diversifies into all aspects of heathcare, not just the over the counter medicines you see. JNJ also has a dividend to re-invest.
I have talked about dividend reinvestment in this blog. Most online brokerages (I use E*Trade) have a feature that automatically reinvests the dividend into the stock. Check and make sure yours does as well if you want to utilize the dividend in that fashion.
As a disclosure, I do not own any of the stocks above (doesn't mean I wouldn't want to). If I ever purchase those stocks I will disclose that fact in an update to this post and further posts. If any have specific questions don't hesistate to e-mail me or post a comment.
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