Started By
Message

Beaten down stocks you are buying?

Posted on 4/21/20 at 4:51 pm
Posted by Thomas98
Member since Nov 2009
50 posts
Posted on 4/21/20 at 4:51 pm
Lots of stocks are really low right now good buying opportunities anyone like certain stocks and why?

I like Disney but think it may go lower in short term.

Boeing, Exxon, almost any major oil company, I would think oil will get back up to $40 to $80 a barrel in next 5 years.
Posted by cgrand
HAMMOND
Member since Oct 2009
38786 posts
Posted on 4/21/20 at 5:12 pm to
I’m buying oil stock thread futures
Posted by 22jctiger22
Member since Apr 2013
368 posts
Posted on 4/21/20 at 5:28 pm to
What’s holding up oil stocks? Price action isn’t what I’d have expected given the price of oil today and the expectation of continued pressure on the sector.
Posted by notiger1997
Metairie
Member since May 2009
58131 posts
Posted on 4/21/20 at 5:29 pm to
Which specific oil stocks?
A lot of the big boys will still do ok with their margins with natural gas, chemical plants, and refineries.
Posted by Stastny
Member since Jul 2014
646 posts
Posted on 4/21/20 at 5:38 pm to
Thinking about RIG
Posted by 22jctiger22
Member since Apr 2013
368 posts
Posted on 4/21/20 at 5:41 pm to
The big boys, specifically.
Posted by Sprung
In between the cusions
Member since Apr 2008
1942 posts
Posted on 4/21/20 at 5:44 pm to
SPG
Posted by Boringaccountant
Member since Apr 2020
15 posts
Posted on 4/21/20 at 6:03 pm to
(no message)
This post was edited on 11/4/20 at 3:00 pm
Posted by Boringaccountant
Member since Apr 2020
15 posts
Posted on 4/21/20 at 6:04 pm to
(no message)
This post was edited on 11/4/20 at 3:02 pm
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26579 posts
Posted on 4/21/20 at 6:34 pm to
Ruth in the $8s and Play in the $11s
Posted by PotatoChip
Member since May 2014
3501 posts
Posted on 4/21/20 at 6:40 pm to
I was buying NAT all the way down thinking it would get to $10 or so over the next couple years. It’s made a big run, but I think earnings next month should beat.
Posted by BigPerm30
Member since Aug 2011
25931 posts
Posted on 4/22/20 at 8:21 am to
quote:

Thinking about RIG


I bought that piece of shite low and it’s still a piece of shite.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123920 posts
Posted on 4/22/20 at 9:12 am to
quote:

I like Disney but think it may go lower in short term.

Boeing, Exxon, almost any major oil company, I would think oil will get back up to $40 to $80 a barrel in next 5 years.
I doubt any of those will be in a position to provide guidance. P/E is a difficult proposition when E is a crapshoot. Obviously some price is reasonable, but what that number is is anybody's guess.

Boeing has the government backing it, so at least solvency is a known. Disney should do quite well having launched the new subscription channel at the same time everyone's kids are stuck at home.

I'm not jumping yet. Maybe in a month or so.

Europe slowly opening may give us a better idea as to where oil is headed.

Banks are beat to hell as well. As soon as we get a lead on loan default exposure, those could be very good buys. Several (maybe all) are trading well below book value.

But for now I'm focused on companies doing well, e.g companies hiring. . . . . Amazon, Walmart, Target, HomeDepot Lowes, food delivery, etc.

Posted by DawgCountry
Great State of GA
Member since Sep 2012
30554 posts
Posted on 4/22/20 at 10:19 am to
I had a limit order on DIS at $100 which kicked in yesterday. might take a stab at LUV if it goes below $29
Posted by Jmart0527
Member since Jan 2018
65 posts
Posted on 4/22/20 at 11:41 am to
Buy Uranium stocks......
Posted by Ooh Wee Ooh
Member since Nov 2008
1453 posts
Posted on 4/22/20 at 11:53 am to
LYV might be my next buy.. but there should be a lot of time to pull the trigger
Posted by JescoWhite
Ripped Out Of The Frame
Member since Jul 2011
766 posts
Posted on 4/22/20 at 12:23 pm to
quote:


Beaten down stocks you are buying?
LYV might be my next buy.. but there should be a lot of time to pull the trigger


I've been waiting weeks for this to fall, it doesn't make any sense!
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 4/22/20 at 12:31 pm to
I’ve had them on my watch list for awhile. Same boat, no idea how they haven’t fallen further yet with no music going on.
Posted by HarrisonTown
Member since Nov 2019
516 posts
Posted on 4/22/20 at 1:23 pm to
quote:

I've been waiting weeks for this to fall, it doesn't make any sense!


What price you like to get in at?
Posted by sandraccoon
In the middle of nowhere
Member since Apr 2013
1451 posts
Posted on 4/22/20 at 1:53 pm to
I'm eyeing Delta (DAL) at $23/share. They have low debt, and are by fair the better, more profitable airliner in the US.

Only downside is that buying their stocks probably won't produce strong returns for another 2-3 years.

What do y'all think?
first pageprev pagePage 1 of 2Next pagelast page

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