day trading,day trader,stock

What Are The Best/decent Stocks To Buy Now?

In my class we need to pick a stock for our group to buy and as you can tell,stocks are NOT my forte.=/ So,please give me some good advice and why you choose that particular stock.
*best answer will be awarded of course :) *

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3 Comments

  1. exs214
    Posted 2010/02/10 at 3:46 am | Permalink

    PBR-Petroleo Brasileiro-This is a very good stock to own right now. Oil is up-more money for the company, dollar is weak- means better conversion rate from brazilian money to american money, also it is an emerging market- which means this company has more to grow. I will not discuss fundamentals since this is already too long.

  2. jordanth
    Posted 2010/02/10 at 8:42 am | Permalink

    Try http://www.goldenbullstocks.com they seem to work really well

  3. Dr Jim
    Posted 2010/02/10 at 1:58 pm | Permalink

    The places you want to be is gold, silver, agriculture, alternative energy, oil, commodities, etc. If you can short the market using an inverse fund (Rydex or Profund), you can probably do very well there too.
    We are in a “bear market” and could be for a long-time. The Fed is going to continue to drop interest rates just like Japan did in the 1990s. If the US market is anything like the Nikkei, the US market is the WORST place to be a buy-and-hold investor. Let’s say you started working in Japan in 1989 and added $5000 to your 401K every year… you would still be underwater 18 years later!! That is a taste of what is to come for the U.S. The US market and brokerage firms have “conditioned” the American investor to be buy-and-holders ever since witnessing the best bull market in US history (1980s-current). That is now changing!!
    ——————–
    The following two problems is what is driving commodity prices through the roof:
    NAFTA is Problem #1. When US companies create and move jobs overseas, they create a larger middle class globally. Now that there is a larger middle class globally, we are all competing for the same commodities.
    BioFuels is Problem #2. Our farmers are now putting less food on our tables so that we can be more energy independent. This is causing SOARING food prices.
    Because of the FED and the WAR, that has exacerbated #1 and #2. When the Fed lowers interest rates, the dollar drops and all those middle class people that we’ve created overseas can buy our commodities much cheaper. The war has increased our deficits so much that other countries no longer want US dollars.

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