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Re: The Stock Market thread: BUY! BUY! BUY! Sell, sell, sell...
A year ago they were coming off of a low, now they've risen a bit since then (CVX has done well for me). With the way oil prices have risen a lot recently, plus the fact that supply is actually high for this time of year, a lot of people are wondering if the price may dip a little in the immediate future, which would affect those companies' stock.s
As for me, I'm currently heavily blue-chip: INTC, KFT, PEP, GE, CVX, COP, JNJ, PCG, MSFT, etc. I should definitely move towards more growth stocks, I will admit, but with the way the market has been so risk-on risk-off the past few years you're really playing the market moves as a whole than you are the moves in individual stocks or industries. (Not to say every single stock moves in tandem, but moreso than usual.) Given that, blue chips have less downside when the market as a whole moves. That said, we will get out of that at some point and it would make sense for me to be more growth-oriented when that occurs. Plus, those stocks I mentioned are dividend heavy, and while that makes sense now in an era of little yields on savings or bonds, if dividend taxes go up that could push investors away from them and result in a price hit.
Originally posted by FlagDUDE08
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As for me, I'm currently heavily blue-chip: INTC, KFT, PEP, GE, CVX, COP, JNJ, PCG, MSFT, etc. I should definitely move towards more growth stocks, I will admit, but with the way the market has been so risk-on risk-off the past few years you're really playing the market moves as a whole than you are the moves in individual stocks or industries. (Not to say every single stock moves in tandem, but moreso than usual.) Given that, blue chips have less downside when the market as a whole moves. That said, we will get out of that at some point and it would make sense for me to be more growth-oriented when that occurs. Plus, those stocks I mentioned are dividend heavy, and while that makes sense now in an era of little yields on savings or bonds, if dividend taxes go up that could push investors away from them and result in a price hit.
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