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11-13-2013, 06:37 PM #1
I have a little extra cash I'm looking to transfer to my E*Trade account with the hopes of making a little money on some consumer businesses that will benefit from the holiday season. Wanted to open up a thread if anyone else was in a similar situation or had any recommendations?
I know it's a little late and most holiday stock buying should have been done a month or two ago but better late than never...
Thanks for the feedback.
JRI always stop to help women broke down on the side of the road. Not because I know shit about cars, but I do know how a good porno starts off...
11-13-2013, 08:37 PM #2
I don't really believe there's any benefit to buying stocks "for the holiday season". Holiday sales boosts are obvious occurrences that are priced into the value of the company and stock. If you're looking for companies that may beat holiday expectations it's a more valid investment idea. My money is currently on AAPL. I think it still has room to grow and the new iPads, along with the 5s should prove to be extraordinary sellers. I'm not a financial advisor though so take that all with a grain of salt.If you need any help with web design let me know!
11-14-2013, 07:10 AM #3Member
- Join Date
- Sep 2011
- Sydney, Australia
You'll pick up retailers like GAP and JC Penny pretty cheap over in the US but that's due to poor performance. The main point to note here is that the DOW just made an all time historical high and opening fresh long positions in that situation generally isn't wise. Get some financial advice from someone that can get you in at the right time.