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Looking To Add To My Portfolio

Posted on 7/10/20 at 10:11 am
Posted by pittmanmt81
Mckinney, TX
Member since Jun 2020
10 posts
Posted on 7/10/20 at 10:11 am
Just started to build a portfolio and interested in thoughts on stocks to add for a balanced approach. Currently hold some Apple, Exxon and VOO. Any other suggestions appreciated. Thanks
Posted by Who_Dat_Tiger
Member since Nov 2015
24743 posts
Posted on 7/10/20 at 10:23 am to
With EV stocks soaring, I just repositioned my holdings in this sector from WKHS to NIO. I got lucky on my entry and exit in WKHS the past couple weeks and increased my holdings over 200%. NIOs market cap is 10x greater than WKHS and trading at same price WKHS is and they’re set up to make a big run with big funding news rolling in. Median analysts price target is $34.68. It’s had a bit of a pullback below $15 so I think it’s a decent entry point.

LINK
Posted by Tigerb869
Member since Feb 2017
318 posts
Posted on 7/10/20 at 10:25 am to
NIO
Posted by pittmanmt81
Mckinney, TX
Member since Jun 2020
10 posts
Posted on 7/10/20 at 10:27 am to
Thank you I will look into NIO for sure
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12648 posts
Posted on 7/10/20 at 11:00 am to
If you are just starting out and don't have informed feelings on individual stocks, just buy the SPY or some other index fund like that.
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3658 posts
Posted on 7/10/20 at 12:12 pm to
HTBX
Posted by BigVoodoo
Milky Way Galaxy
Member since Jul 2015
1140 posts
Posted on 7/11/20 at 5:30 am to
QQQ or Tqqq
Posted by Turftoe
Denver
Member since Mar 2016
4337 posts
Posted on 7/11/20 at 7:47 am to
BCLI, things will get fun in 4Q.
Posted by dontpeeinthepool
Member since May 2020
52 posts
Posted on 7/12/20 at 1:57 am to
Im looking into expanding as well, you can find some blue chip compainies almost 50cents on the dollar.

They pay a dividend and you are looking at good gains if it goes back within 10-15% of what it once was.

But its longer haul.

There are soo many selections right now.
Posted by CenlaLowell
Alexandria, la
Member since Apr 2016
1223 posts
Posted on 7/12/20 at 9:44 am to
Why not add index funds to your strategy?? Vtsax or something similar.
Posted by HYDRebs
Houston
Member since Sep 2014
1502 posts
Posted on 7/12/20 at 10:51 am to
Even with the big run up on DocuSign over the last two years I'm super bullish on Docu. They are spending capital on pushing the notary space of online signatures of official docs in a space they already dominant. Their industry expansion is getting a massive boost with this Covid situation and pushing along a direction society was going already at a more amplified pace.
Posted by BigOrangeBri
Nashville- 4th & 19
Member since Jul 2012
12780 posts
Posted on 7/17/20 at 3:41 pm to
quote:

With EV stocks soaring, I just repositioned my holdings in this sector from WKHS to NIO. I got lucky on my entry and exit in WKHS the past couple weeks and increased my holdings over 200%. NIOs market cap is 10x greater than WKHS and trading at same price WKHS is and they’re set up to make a big run with big funding news rolling in. Median analysts price target is $34.68. It’s had a bit of a pullback below $15 so I think it’s a decent entry point.


So glad I jumped in on NIO!

Lol
Posted by djrunner
Baton Rouge
Member since Jun 2010
5340 posts
Posted on 7/18/20 at 8:32 am to
Yep, CNBC had a piece on it and said the the reason it had its jump was based on Robinhood liking it and had nothing to do with financials. I want to get back in hopefully under 8. I love it long term.
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