What 3 Stocks Are Still Making Money?
06/20/08 Categories: Stock Investing and
Investments
Stocks are down, way down, but there
has to be at least a few stocks picks that can make you some money
still. While stocks are on the decline for the most part, there are
some companies in the stock market that are worth investing in
now.
Stock investing may seem too dangerous during these times of volatility and price declines, but there are always stocks that are going up in the stock market. It is my mission to find 3 Very Good Money Making Stock Investments just for you:
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Stock investing may seem too dangerous during these times of volatility and price declines, but there are always stocks that are going up in the stock market. It is my mission to find 3 Very Good Money Making Stock Investments just for you:
- One stock that you may have heard of is the ever-gaining fertilizer company, Potash (POT) priced at $236. Analysts just raised price targets from $300 to $340. A 100 point gain on this stock pick would be a helpful investment addition to your portfolio. They are profiting from worldwide demand in fertilizer for farming/landscaping in developing countries. Beware of the high P/E ratio though, a P/E of 52 is much higher than most companies that are similar. It is a fast-growing company, so it deserves a high P/E, but when its run is over the P/E will come down, bringing the stock price down. Great investment for the next 1-2 years!
- El Paso Corp. (EP) is a natural gas transmission, exploration, and production company. The stock keeps breaking through its high prices, and the demand for natural gas (as well as the price of natural gas) will continue to go up. Priced at just above $21, this stock will continue to go up for years to come.
- A Mexico-based cellular and fixed-line phone company is profiting from their Central and South American market share. American Movil (AMX), currently priced at $53.50, has a one year price target of $73.64. This is a stock holding by William Landers' BlackRock Latin America Mutual Fund (MDLTX) that I featured in The Five Best Mutual Funds.
Why Invest in Stocks?Find Out On Zecco.com Free Blogs, Forums & Trade.
www.zecco.com


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