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JACKED UP
PRESIDENT
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Joined: 06 Jun 2003
Posts: 21238
Location: www.johnnydu.com
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 Posted: 11/22/05 - 22:11 Post subject: Homework help!
My son needs stock tips. What about oil companies?
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purple hayes
Frightened Inmate #2
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Location: ON YOUR LEFT!
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Posted: 11/22/05 - 22:19 Post subject:
XOM
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gretriever
Hipster Doofus
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Location: A moving target in a firing range.
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Posted: 11/22/05 - 22:23 Post subject:
Well, the largest companies in the states are BP, Texaco-Chevron, and Exxon-Mobil.
What specific sort of stuff you looking for?
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JACKED UP
PRESIDENT
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Posted: 11/22/05 - 22:27 Post subject:
He was looking for forgeign oil, or sofware companies. It's a homework project where he's buying stock.
He has bought stock in Nicor, Dell, Walmat, Toyota so far.
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Sha_kri
Member
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Posted: 11/22/05 - 22:35 Post subject: Re: Homework help!
NDOl (nord oil) is an excellent 2 year investment. Though most are saying its a good 1 year investment. Don't let it being a pennny stock scare you away. All the more for it to go up.
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RangerG
Bounty Hunter
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Location: Gmail Server Number 126
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Posted: 11/22/05 - 22:36 Post subject:
| JACKED UP wrote: | He was looking for forgeign oil, or sofware companies. It's a homework project where he's buying stock.
He has bought stock in Nicor, Dell, Walmat, Toyota so far. |
Off shore oil?
Lukoil - Russia
PDVSA - Venezuela (May also be Bariven, Meniven or Corpoven)
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Ms. Jenn
Fresh, Hot & Wild
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Posted: 11/23/05 - 00:19 Post subject:
Haliburton
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jrjo
Gone Fishin
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Joined: 15 May 2002
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Location: Lake Wobegon, MN
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Posted: 11/23/05 - 11:33 Post subject: Re: Homework help!
| JACKED UP wrote: | | My son needs stock tips. What about oil companies? |
That ship has sailed.
With retail booming the next month, I'd go for Mattel and Hasbro.
Then bigger ticket, Polaris and Bombardier.
Maybe Target and JCPenney.
Apple is on a run now with ipod sales.
Restaurants?.. Wendys, Outback.
and just one more hunch, how about the Neptune Society..cremation, there's always a surge after the holidays. 
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JACKED UP
PRESIDENT
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Posted: 11/23/05 - 11:37 Post subject:
Thanks for the tips guys. It's a fun project for one of his classes. He's really into it to cuz he's over my shoulder every 3 minutes saying "hey Mom get off there so I can check my stocks." The boy is cuttin' into my riff raffin time!  
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cdnhollywood
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Posted: 11/23/05 - 11:40 Post subject:
| JACKED UP wrote: | He was looking for forgeign oil, or sofware companies. It's a homework project where he's buying stock.
He has bought stock in Nicor, Dell, Walmat, Toyota so far. |
For software/telecom stocks:
Cisco -- the ever-present bell-weather. Tends slowly up.
Alcatel -- similar trend.
Research In Motion (aka RIM) -- They're the Blackberry guys. They're in a legal battle right now, which has pulled their stock down. If they win, it'll rocket.
Cognos -- they do business software to compete with SAP. They're pretty steady.
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coachmarkos
my boys could swim
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Posted: 11/23/05 - 11:52 Post subject:
Is this insider trading?
I mean, can we do this?
I don't wanna get locked up.
(Or put in detention)
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Cappy
Excelent
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Posted: 11/23/05 - 11:57 Post subject:
One sector that I always like to have in my portfolio is a utility company, not so much for the stock growth potential but as an income stock. Most utilities that are publicly trader pay a nice dividend, and have a good yield. People will always be using heat, light, and power.
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jrjo
Gone Fishin
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Posted: 11/23/05 - 12:02 Post subject:
| coachmarkos wrote: | Is this insider trading?
I mean, can we do this?
I don't wanna get locked up.
(Or put in detention) |
I'm not sure on the specifics of insider trading, but as long as it's not information you're giving or receiving about your employer's company, spouses employer or dependent's company or you own a substantial (5% maybe) share of the company, there's nothing to worry about.
Am I right Prohemp?
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JACKED UP
PRESIDENT
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Joined: 06 Jun 2003
Posts: 21238
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Posted: 11/23/05 - 12:56 Post subject:
| coachmarkos wrote: | Is this insider trading?
I mean, can we do this?
I don't wanna get locked up.
(Or put in detention) |
I have no clue. My kid is way smarter than me. 
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thegman
Member
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Posted: 11/23/05 - 13:02 Post subject:
| jrjo wrote: | | coachmarkos wrote: | Is this insider trading?
I mean, can we do this?
I don't wanna get locked up.
(Or put in detention) |
I'm not sure on the specifics of insider trading, but as long as it's not information you're giving or receiving about your employer's company, spouses employer or dependent's company or you own a substantial (5% maybe) share of the company, there's nothing to worry about.
Am I right Prohemp? |
Unless you're actually trading based on material non-public information, it isn't insider trading.
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