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What stocks should I buy?
In school we're playing the stock market game. I need some suggestions on which companies will make me money quickly. The stocks need to be above $5 a share.
Last time I played this game I read about how after a company files for bankruptcy the stocks rise right after they fall.
Using this technique I was able to invest in trident Microsystems and AMR and i made 45000 in a week with only an90000 investments. So basically what company will make money in a short period of time?
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2 Answers
- 8 years agoFavorite Answer
This is a game, a competition over a short period of time?
You probably won't win this game by looking at price earning ratios. Other people in the class are going to be taking high risk/reward trades. Lets say half those who take these risky trades are going to make big profits. You're not going to win by playing it safe, so I guess it's going to be more a game of luck and gambling.
- 8 years ago
First off, playing a stock market game is NOTHING like the real deal. First, they charge you commission on all the stocks you buy. The find a good stock, you should like at it's price to earning ratio. Google Finance has this. Also, you want to look at the stock trend of a stock. If a stock has been gaining steadily over a couple of months, invest in the company. If the company is rocky, then don't. You should keep up to date with a company you want to invest in for breakout news. I personally suggest investing in HP (HPQ). HP's rival (DELL) is going to go private soon. Because of this, more shares of HP may be bought, and will give the stock price of HPQ go up.
