Top Stock Picks Thread

[hawkeye69]

So as not to take away from Stongbeau's 19K post thread, thought it would be interesting for people to provide their top stock picks here.

The best one was a member here recommended Vasogen because he had the "inside track" to the upcoming drug trial results. Results sucked, stock evaporated, I didn't own any, as nobody with real inside knowledge would be dumb enough to post here. If he did have the inside track, who needs enemies with friends like that.

But the response to my PM to me was funny.

So everyone, current hot picks. I'll go first:

Biovail, been beaten down so only one way to go up. Bad news on Wellbutrin is factored in. Current price $18.09. You read it here first.

 

[RogerRabbit]

Silver Wheaton [slw]

 

[FOOTSNIFFER]

Loblaws, as a relatively riskless (at least for a stock) recovery from its recent troubles ca:l

And I've been accumulating over a period of time a company called certicom, out of mississauga (ca:cic) which is poised to start making money soon, is debt-free (!!!!!), and which has a unique patented technology which is in use and has proven its value.....I have 400 shares and plan on getting 1500 eventually. good luck

 

[covered-one]

on the silver theme SQI silver quest

 

[dickr]

snc lav-txs

 

[player4u]

Google (goog) for growth. If you bought it at the IPO you're up almost five fold and there is room for more growth.

 

[orkut]

Tech. stocks:

CYBERPLEX INC is going down to $0.25 in the next few months. When they're that low, buy them and hold for the long term.

The other two (pts.to, dsg.to) in the link are also good.

I hope this thread can be found years from now, so that I can look back at all the stocks mentioned and see which ones really did increase in value. For the record, it is now September, 2006.

 

[fantasiafan]

TMTA - one day they keep telling me it'll explode.....LOL

 

[emvee]

My tip - stay out of equities until November 1, then buy.

 

[Papi Chulo]

My tip - stay out of equities until November 1, then buy.

I am thinking we are overdue for a major correction... maybe another Black Monday

 

[iluvquarks]

My tip - stay out of equities until November 1, then buy.

I'm going to agree with this. September is generally a down month for stocks, picking up again in November/December. My tip really is to follow companies that you are familiar with. Research and know when they report earnings and follow them and trade/time accordingly. Most importantly, NEVER be afraid to cash in profit early. Too many people have held on too long and lost.

 

[RogerRabbit]

Buy the 'VIX' options until Nov./06 expiry

http://www.cboe.com/micro/vix/introduction.aspx

 

[Doctor Zoidburg]

Been in the game long enough to know.

You could get a good stock tip and it can drop on bad news or you can get a bad stock tip and one day it spikes on rumor. It is not enough to get a good stock tip, things are not as simple as that. A good foundation is to get a good stable stock and do your analysis or get good advice on the stock, then watch it for signs that it will go up or down.
I suggest you watch the markets for at least an hour a day if you have an interest in stocks, I do four hours a day seven days of the week.

 

[friendz4evr]

Gold down $20 today to less than $600 and the ETF XGD (sector tracking stock) went down $6.00 with it to $72.00, some $20 from its high. Given that inflation has not been tamed, gold will likely go up and if you play the ups and downs of a stock, this would be one that can give you profits in the short term. Just wait for the next crisis. RIM is another good one - 85 to 90 in a matter of days. For RIM, keep an eye on sales expectations of the Pearl.

 

[Meister]

My tip - stay out of equities until November 1, then buy.

My investment guy told me the same thing. So, I'm in money markets right now until October/November.

 

[Meister]

You could get a good stock tip and it can drop on bad news or you can get a bad stock tip and one day it spikes on rumor. It is not enough to get a good stock tip, things are not as simple as that. A good foundation is to get a good stable stock and do your analysis or get good advice on the stock, then watch it for signs that it will go up or down.
I suggest you watch the markets for at least an hour a day if you have an interest in stocks, I do four hours a day seven days of the week.

Another thing someone can try is to buy stocks in the industry they are familiar with. For example if you work at the airport do some research on airline related stocks. It is easy for you to understand and you're at the pulse of what's happening.

 

[JohnLarue]

My tip - stay out of equities until November 1, then buy.

Better yet, stay out until there has been a correction (20-40%).
There probably Will be a major correction in the near future. Exactly when it occurs is impossible to predict. Let the market tell when to buy
After it occurs you may be able to buy excellent stocks CNR, RY, IGM, MFC etc at a much cheap price. All of these have something in common, They consistently grow revenues & profits over the long term
Check out, http://www.shareowner.com/index.html.
This is the best website I have seen for the retail investor.
I have no affiliation with shareowner