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re: what is the best stocks to buy

Posted on 12/17/12 at 9:41 am to
Posted by mostbesttigerfanever
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Member since Jan 2010
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Posted on 12/17/12 at 9:41 am to
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This post was edited on 12/17/12 at 11:12 am
Posted by 632627
LA
Member since Dec 2011
12809 posts
Posted on 12/18/12 at 12:34 am to
invest in companies that deal with data delivery and storage. the world is moving to the "cloud"

at&t and verizon are safe bets and pay nice dividends. they arent risky, but you wont double your money with these companies overnight either.

cisco is the leader in networking hardware, the stock had dipped down around $15/share, and right now is around 20/share. cisco would have been a steal a few months ago closer to the $15 range, but i still believe there is plenty of growth ahead.

if you want to take a gamble, invest in sprint. the stock has more than doubled the last 6 months, and they are in the middle of a takeover by a japanese company with alot of cash. sprint offers the highest risk/reward in the telecom industry. they are currently the 3rd largest nationwide carrier, way behind at&t and verizon. however, they are agressively trying to upgrade their network, and if things go well, the stock could easily double or triple.

before you invest, you need to decide what your goals are and what your risk tolerance is.

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