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monksnake (40.35)

What is your current favorite stock?

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January 31, 2011 – Comments (5)

I figured this would be a good way to understand what goes through people's heads when they like a stock, also a good tool for further DD.  I know you're not supposed to get emotionally attached to any stock, and that's not what this is about.  What is your current favorite stock and why?

Very very short term, I'm going with BP.  I expect good news out of tomorrow's earnings reports as well as a reinstated divy.   

5 Comments – Post Your Own

#1) On January 31, 2011 at 11:27 PM, chk999 (99.97) wrote:

Probably JNJ. They are getting pounded over the recalls, but I think the company is still one of the greatest ones out there. I probably wouldn't buy it at today's price, I think we get better entry points in the medium future.

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#2) On January 31, 2011 at 11:28 PM, Valyooo (32.94) wrote:

For the very long term (Even though I don't own any at the moment due to my weird money situation), I think PM is the best stock in the world.  They have ZERO competition, a lot of growth, a big dividend, diversification amongst brands and countries, and the stock is always kinda cheap because people have "moral issues" with owning it...more money for me.  I am no tobacco expert, but I would imagine you have to do a lot of political bullcrap to be a viable company, so the barrier to entry seems ridiculous.

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#3) On January 31, 2011 at 11:40 PM, monksnake (40.35) wrote:

Nice, I like the responses so far.

Valyooo, PM was my largest holding prior to me selling almost everything Friday.

chk999, I agree 100% with you on JNJ.

Thank you for your responses so far. 

 

 

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#4) On January 31, 2011 at 11:43 PM, SockMarket (34.22) wrote:

CNI. It has been for years. Nest rail company in the business. I bought at $48 and I see no reason why it can't be double that in a year or two. They have the best management in the industry, an efficent line, are selling at a lowish PE because they are a major lumber carrier (so they will rebound with builders) have coast-coast networks, and are taking business from trucking co's. Not flashy but a darn nice investment, IMO. (like all othe growth stocks they seem a little high now)

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#5) On January 31, 2011 at 11:54 PM, HarryCaraysGhost (64.53) wrote:

Visa-

Been beatan down by fears of Government interference. When the bill finally is in place I'm expecting a much more  watered down version.

Would be buying more, but that would be way too much of my overall port.

I'm sitting on a nice cost basis of $64. I'll update in either 5- 10 yrs.

Cheers.

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