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re: Give me three stocks you’re buying right now. No day trading.

Posted on 8/5/20 at 2:08 pm to
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/5/20 at 2:08 pm to
With the NASDAQ hitting another record high (mainly a result of about 6 mega-cap tech stocks because the NASDAQ is market cap weighted) and with the market as a whole almost totally dependent on the 24 hour news cycle, it's difficult to pick a winner right now. At least for me it is.

If you held a gun to my head and said buy something or you pull the trigger, I'd probably go with buying a broad market index ETF or mutual fund.

But if you said I have to select an individual stock, I'd probably buy a low beta utility stock paying a good dividend, like Entergy, for example.

Second choice would be a best in breed bank such as JPM.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10605 posts
Posted on 8/5/20 at 2:45 pm to
Thanks Russian.

Always appreciate your input.
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