Originally posted by cav58d
Anyone have any stock tips??
Intel INTC is looking good if you can wait for a while. Its at about 19 per share, I am currently accumulating it. I will sell it at 22 or 23 depending on market conditions. ABB for you buy and holders. I got in at 7.50 and it is lurking around 17.50:D . I just bought a bunch of Best Buy (BBY) at 48 47 and 46 and some change, as it popped quite nicely in the last few days. I will sell at 54. If you can find Google at below 430, it is gobbling up the competition and should emerge as the internet powerhouse. The earnings potential is huge. But it is important you educate yourself thouroughly before making any stock purchase. I am buying intel because i have bought and sold it many times and am very comfortable that it will be at 22 or 23 sooner or later and they have AMD on the ropes. BBY is just a jugernaut and they were down about 20% from thier highs, they have no debt and are expanding as Circuit city is contracting. ABB is a hedge against high prices of gas. As oil goes up, coal use increases to power a greater demand for electricity, and ABB has all the pieces to provide the updated infrastructure that will need to be purchased, most likely by tax dollars, so you know they are going to clean house. I dont own google cause I am scared of stocks that move up and down 10 points in a day.
