Started By
Message

re: Reccomend some buy and hold stocks

Posted on 7/15/15 at 3:59 pm to
Posted by Omada
Member since Jun 2015
695 posts
Posted on 7/15/15 at 3:59 pm to
Peter Lynch described Ford, and other car manufacturers, to be cyclical in his book One Up on Wall Street. But they aren't cyclical in the usual sense; most cyclicals have higher revenues and profits during a certain part of the year. Rather, car manufacturers are cyclical like the market. They suffer when the market goes down because people become frugal and don't buy new vehicles, and when the economy gets good again, people start buying lots of new vehicles.

My personal opinion, which could be very wrong, is that we are beginning to see a downtrend for car manufacturers. Whether that is due to a market correction coming or the economy not really improving, I can't say. But it seems that those companies are great to buy when the market is down and sell when it is booming.
Posted by bayoubengals88
LA
Member since Sep 2007
19235 posts
Posted on 7/15/15 at 4:05 pm to
Good points. I don't know why I've never thought of that.
Posted by STLhog
Nashville, TN
Member since Jan 2015
17742 posts
Posted on 7/15/15 at 4:24 pm to
quote:

But it seems that those companies are great to buy when the market is down and sell when it is booming.


Ford's price movement has been super lackluster.

Even if you bought a shitload in 09 and sold at the high, you really wouldn't have made that much?

I think it's a buy and hold and thats it. Just do a DRIP on it and buy more back as it dips cyclically.

Just my opinion though.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram