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huge stock buying opportunity after this blows over. What stocks are worth buying?

4,282 602 March 12, 2020 at 11:11 PM
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Last Edited by link626 March 12, 2020 at 11:15 PM
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I'm readying my cash. I'm not gonna try to time the bottom, because just when you think there is still some room to bottom out, stocks start the upward climb again and never look back.
We've already turned back the clock 3 years.


What are your picks?

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#2
Boom I am ready! Whats everyone looking at?
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SmilieSmilie
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#3
Travel and oil. The slump in oil is mostly unrelated to the covid bullshit and instead Russia/SA/OPEC having a lovers quarrel.

Also any stocks that should mostly be unaffected by this but have had their stock hit hard just because it's panic time for all the lemmings; e.g. their fundamentals never changed but their stock price did.
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#4
Quote from Dr. J
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Travel and oil. The slump in oil is mostly unrelated to the covid bullshit and instead Russia/SA/OPEC having a lovers quarrel.

Also any stocks that should mostly be unaffected by this but have had their stock hit hard just because it's panic time for all the lemmings; e.g. their fundamentals never changed but their stock price did.
All in on apple
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#5
Quote from Dr. J
:
Travel and oil. The slump in oil is mostly unrelated to the covid bullshit and instead Russia/SA/OPEC having a lovers quarrel.
Those two seem more risky, IMO. Even if the economy in general doesn't continue downward, travel stocks could take a while to recover. And while oil stocks are definitely down thanks to the price war, they will also be effected by travel stocks being down.

Quote from Dr. J
:
Also any stocks that should mostly be unaffected by this but have had their stock hit hard just because it's panic time for all the lemmings; e.g. their fundamentals never changed but their stock price did.
This is where I'm really watching. A bunch of stocks are down expecting the economy to tank, like banks, construction, tech, etc. I put some money in CAT yesterday, among others.
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#6
Any tech stocks worth looking at?

I already have lots of apple, so I'm looking for something else.


also looks like people already jumped in to buy today. damn.
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Last edited by link626 March 13, 2020 at 02:17 PM.
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#7
Stock market should go down more as more people die
They say it will take 18 months to get a vaccine
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#8
As of now its best to invest in companies which was working on vaccines & test kits , they are the best bet , loads of people already made loads of money in the last 2 weeks on them , I am talking like 300% to 1000% gains .
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Last edited by daaparap March 15, 2020 at 09:02 AM.

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#9
XOM looks like a good longterm buy. Just the dividend alone beats any measly ALLY bank bonus.

I would bet on it bouncing back to $70 in 2 years.

electric has a long way to go before overtaking gas engine.
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#10
Quote from link626
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XOM looks like a good longterm buy. Just the dividend alone beats any measly ALLY bank bonus.

I would bet on it bouncing back to $70 in 2 years.

electric has a long way to go before overtaking gas engine.

Man why are all stock sites so clickbaity?

I agree with you, oil stocks might be a good buy since it seems the issue they are facing has more to do with oil markets themselves (and the nature of cartels) than covid; I would also think that delivery companies would be going gangbusters now - more deliveries, and eventually lower fuel prices should help their bottom line as well.
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#11
Quote from Dr. J
:
Man why are all stock sites so clickbaity?

I agree with you, oil stocks might be a good buy since it seems the issue they are facing has more to do with oil markets themselves (and the nature of cartels) than covid; I would also think that delivery companies would be going gangbusters now - more deliveries, and eventually lower fuel prices should help their bottom line as well.
Quote from Dr. J
:
I agree with you, oil stocks might be a good buy since it seems the issue they are facing has more to do with oil markets themselves (and the nature of cartels) than covid; I would also think that delivery companies would be going gangbusters now - more deliveries, and eventually lower fuel prices should help their bottom line as well.
Why would delivery companies being going gangbusters? Global oil demand is through the floor right now. Nobody is driving, flying, or shipping anything.

Before investing in any oil companies I'd take a good hard look at the long-term returns of energy companies. They aren't great and they're pretty volatile.

Then again, the only "stock" I recommend people buy is an S&P 500 index fund.
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Quote from dukeblue219
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Why would delivery companies being going gangbusters? Global oil demand is through the floor right now. Nobody is driving, flying, or shipping anything.

Before investing in any oil companies I'd take a good hard look at the long-term returns of energy companies. They aren't great and they're pretty volatile.

Then again, the only "stock" I recommend people buy is an S&P 500 index fund.
Nobody is shipping anything? Everything's gone delivery, including groceries.
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#13
BUD, you will double your money in a year probably...

its all hearsay though
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Quote from scrapplejoe
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BUD, you will double your money in a year probably...

its all hearsay though
"reinvest" your gov't cheese check
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#15
so many people doubled their money these last few days, if they bought on friday and monday


makes that Ally bank 1% bonus look like peanuts.
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