Saturday, January 18, 2014

What are the best stocks to buy right now? and Stock Exchange, as seen from the boot of George Washington's statue at Federal Hall

What are the best stocks to buy right now?



I feel like we are heading up in the stock market. What stocks look promising and would be a good investment.


Stock best answer:

Answer by Max M
The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody's got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.

That's the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won't lose money. It's just that these stocks are the best. They pay good dividends too.


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Stock Exchange, as seen from the boot of George Washington's statue at Federal Hall
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Image by Dan Nguyen @ New York City
An old photo, taken in 2009, but re-posted here as I use this photo frequently for ProPublica's wall street coverage



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