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Stock Advice Thread

I do want to pick up some shares though. I've pretty much maxed my retirement/long-term savings and my short-term savings are solid. Wanted to take a few hundred and buy some shares. Prepared to lose that money entirely, but really just need to get my feet wet.

A lot of friends have RobinHood. Seems good, but no web interface, long transfer times, and appears to be a bit watered down. Are people here using these new-age apps or the more traditional platforms? Really just want something with low starting balance. Don't need the absolute lowest fees as I don't plan on doing many trades.
 
Okay, I've begun purchasing CTL (CenturyLink, Inc) through the DRiP via Compushare. I've owned 4.3 shares of the corporation since the early 2000s due to some M&A with T and Comcast. At any rate, dividend is currently very high ($2.16 - 9.4%), but I expect a cut as it's unsustainable.

Yeah, its an old-fashioned wired business, which is still a necessity even with all the mobile entities out there. CTL has made significant inroads in TX. Working on purchasing 100 shares over the next couple years.
 
Literally everything up lately but I’m still cautious as a retired guy, 45% Cash, I did open a position in a chemical stock while they are down, WLK, continuing big buildout of their plants, nothing else new for me, some holdings going up that probably shouldn’t be, I’ll just enjoy the ride.
 
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lz said:
Literally everything up lately but I’m still cautious as a retired guy, 45% Cash, I did open a position in a chemical stock while they are down, WLK, continuing big buildout of their plants, nothing else new for me, some holdings going up that probably shouldn’t be, I’ll just enjoy the ride.
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I think its still an excellent time to throw some money on $HEAR. Solid projections, profits, market share, and tons of growth going into the Christmas season.
 
AustinTXCat said:
Okay, I've begun purchasing CTL (CenturyLink, Inc) through the DRiP via Compushare. I've owned 4.3 shares of the corporation since the early 2000s due to some M&A with T and Comcast. At any rate, dividend is currently very high ($2.16 - 9.4%), but I expect a cut as it's unsustainable.

Yeah, its an old-fashioned wired business, which is still a necessity even with all the mobile entities out there. CTL has made significant inroads in TX. Working on purchasing 100 shares over the next couple years.
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Heck of a run in 3 weeks. Who knows how far it goes?
 
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HUBER said:
I think its still an excellent time to throw some money on $HEAR. Solid projections, profits, market share, and tons of growth going into the Christmas season.
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Wild one for sure, wonder why 2019 projections are low, up too much this year? I have a wild one, Canadian funny weed company, TLRY, bought 250 sh a week ago, up 45%, eps report late today, if not a blowout, stock could temporarily get crushed. I believe those few companies do well for awhile, some will be bought out.
 
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lz said:
Literally everything up lately but I’m still cautious as a retired guy, 45% Cash, I did open a position in a chemical stock while they are down, WLK, continuing big buildout of their plants, nothing else new for me, some holdings going up that probably shouldn’t be, I’ll just enjoy the ride.
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Nothing wrong with that. I'm probably 5-10% cash in my IRA's with mostly less-risky names, mutual funds and ETF's.
 
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AustinTXCat said:
Some of my current cash positions. Includes money market funds.

Fidelity: ~20%
Vanguard: ~32%
Schwab: ~63% (low-balance. opened in January)
TD Ameritrade: 12%

Yes, I'm conservative.
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I used to love me a good MMF, been a long time since int rates moved up, what’s your best currently?
 
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jameslee32 said:
Sold a little CSCO today. Been a nice run and hoping for more.
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Part of my job is working with video conferencing.. Cisco's CMR (Collaboration Meeting Room) and their entire infrastructure in this space is really taking off. A few years ago, Webex was very much lagging. Now our users can dial their Webexs into our conference rooms, full 1080p, tied into our phone system/contact center with device-free wireless content sharing... in a matter of seconds.

At one time, start-ups like BlueJeans and Zoom had the egde and we almost jumped ship.. but for a mature company with large VC needs, they just don't compare. Cisco stormed back big time, shed a lot of redundant products and finally tied everything together.

Just some insight.. Obviously their bread and butter is datacenter and networking overall.
 
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LineSkiCat14 said:
Part of my job is working with video conferencing.. Cisco's CMR (Collaboration Meeting Room) and their entire infrastructure in this space is really taking off. A few years ago, Webex was very much lagging. Now our users can dial their Webexs into our conference rooms, full 1080p, tied into our phone system/contact center with device-free wireless content sharing... in a matter of seconds.

At one time, start-ups like BlueJeans and Zoom had the egde and we almost jumped ship.. but for a mature company with large VC needs, they just don't compare. Cisco stormed back big time, shed a lot of redundant products and finally tied everything together.

Just some insight.. Obviously their bread and butter is datacenter and networking overall.
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Awesome! They are really gaining traction in the security space as well. Discipline and a 70% gain is the only reason I sold and even then it was just 10% of the position. I will take out my basis when or if it doubles and let the rest run.
 
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AustinTXCat said:
VMMXX is the symbol. SEC yield is 2.07%.
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I saw this the other day: investing in a MM fund. The Yield isn't *all* that higher than just putting your dough in an actual MM. What's the difference? Is it all for that 0.02% difference?
 
LineSkiCat14 said:
I saw this the other day: investing in a MM fund. The Yield isn't *all* that higher than just putting your dough in an actual MM. What's the difference? Is it all for that 0.02% difference?
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I park money during market peaks, such as now. If memory serves me correct, bank money market funds are insured to 250K versus regular money market mutual funds. Yields are normally higher on the latter.
 
AustinTXCat said:
SurveyMonkey files for an IPO.

Unsure about this one. May give it a look.

First half numbers: $27m loss on $121m sales. 13% revenue growth during same period.
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Their product seems too simple. So many different players in this space, or "could-be" players if surveys ever turned into the next big thing. Our company did just move to SurveyMonkey but we had two different ones before.

Was shooting the shit with some friends yesterday, and we tried to figure out what the next Facebook or Google would be. It appears that those Fang stocks, the ones that didn't really exist 10 years ago, all provide things that almost NO consumer can live without. What's the next big thing that will be apart of your day to day life?
 
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LineSkiCat14 said:
Was shooting the shit with some friends yesterday, and we tried to figure out what the next Facebook or Google would be. It appears that those Fang stocks, the ones that didn't really exist 10 years ago, all provide things that almost NO consumer can live without. What's the next big thing that will be apart of your day to day life?
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https://www.bloomberg.com/news/arti...-deal-canopy-is-emerging-as-the-google-of-pot


Canopy Growth Company has been going off lately. Pot stocks tend to be volatile, but I'm in it for the long haul. (and, no, I don't smoke......at least not yet) It'll continue to get more and more legalized.
 
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I am thinking about playing the pot angle with Constellation Brands (STZ). They just bought into the pot business. They also are the largest U.S. wine producer and own distribution rights to several Mexican beer brands (Corona & Modelo) for the U.S.
 
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Amazon just hit $2000 per share, will it go to infinity and beyond??

My investment advisor sold half my holdings two or three years ago, at a big profit, when it hit $980, which I thought was the greatest idea ever at the time. Of course, he reinvested it in other holdings which have also done well, but damn, I can't ever remember a stock just going up up up like Amazon.
 
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Tskware said:
Amazon just hit $2000 per share, will it go to infinity and beyond??

My investment advisor sold half my holdings two or three years ago, at a big profit, when it hit $980, which I thought was the greatest idea ever at the time. Of course, he reinvested it in other holdings which have also done well, but damn, I can't ever remember a stock just going up up up like Amazon.
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Anytime theres a dip in the market I just buy Calls and make pretty good money scalping the market.
 
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How much does one “buy” of a stock like STZ? I threw $4000 at EVOP but left $1000 for some crazy buy later......looking for a low value buy that $1000 can get me 50-100 shares where a decent bump is worth the time.
 
krazykats said:
How much does one “buy” of a stock like STZ? I threw $4000 at EVOP but left $1000 for some crazy buy later......looking for a low value buy that $1000 can get me 50-100 shares where a decent bump is worth the time.
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AMC is at 18$ if you can stand some volatility could be a great buy at this point. Stealin Movie Pass customers and growing daily
 
krazykats said:
How much does one “buy” of a stock like STZ? I threw $4000 at EVOP but left $1000 for some crazy buy later......looking for a low value buy that $1000 can get me 50-100 shares where a decent bump is worth the time.
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I guess it would depend on your portfolio as a whole. If your entire portfolio is $5000, I wouldn’t have $4000 of it in STZ. The vast majority of my portfolio is mutual funds. Right now I have 6-7 stocks I’m involved in that is far less value where I can take more risk.
 
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No this is just my TD Ameritrade account where I play portfolio manager. It doesn’t include my 401K or my IRA.

I’ll check out AMC
 
DSmith21 said:
I am thinking about playing the pot angle with Constellation Brands (STZ). They just bought into the pot business. They also are the largest U.S. wine producer and own distribution rights to several Mexican beer brands for the U.S.
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I think this is a solid growth company. We may have seen the recent lows also. Seems like a good time to buy.
 
BlueRaider22 said:
I guess it would depend on your portfolio as a whole. If your entire portfolio is $5000, I wouldn’t have $4000 of it in STZ. The vast majority of my portfolio is mutual funds. Right now I have 6-7 stocks I’m involved in that is far less value where I can take more risk.
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I like this approach but I probably have too many stocks in my wife's IRA. I trade more here but none are more than 10% of the portfolio. Most are under 5%. None can match the value of the sector ETF's and other funds I've bought. But I'm looking to take out more of the basis of the stocks I like. I'm also raising cash in the regular brokerage account for buys later.

Hell of a run so far.
 
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jameslee32 said:
I like this approach but I probably have too many stocks in my wife's IRA. I trade more here but none are more than 10% of the portfolio. Most are under 5%. None can match the value of the sector ETF's and other funds I've bought. But I'm looking to take out more of the basis of the stocks I like. I'm also raising cash in the regular brokerage account for buys later.

Hell of a run so far.
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That's good to hear. I don't have a background in money/finance......I just try to read and learn things here and there. So, it's good to hear that I'm not completely setting myself up for disaster.
 
DSmith21 said:
I am thinking about playing the pot angle with Constellation Brands (STZ). They just bought into the pot business. They also are the largest U.S. wine producer and own distribution rights to several Mexican beer brands (Corona & Modelo) for the U.S.
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jameslee32 said:
I think this is a solid growth company. We may have seen the recent lows also. Seems like a good time to buy.
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The amount of Modelo sold here in Texas is stunning. Ballast Point and Funky Buddha beers, and Svedka vodka are my favorite brands in the STZ alcoholic beverage portfolio. I'd say they may be on to something with the pot business purchases.

Certainly looks good for the long term.
 
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BlueRaider22 said:
That's good to hear. I don't have a background in money/finance......I just try to read and learn things here and there. So, it's good to hear that I'm not completely setting myself up for disaster.
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I have no finance degree either. Most of what I learned is from making mistakes. MCK was one yet only 2.5% of my portfolio. Many more winners in this market though. Ready to take some more profits and buy when appropriate.
 
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I have a finance degree and enjoyed it a lot more than the accounting side, but out of college facing commission jobs vs a 42K starting salary, well......

That said I was looking at the STZ stock so when someone here mentioned it I immediately considered pulling my EVOP which made me over $140 this week, and buying more STZ than 5 shares.

I do have cash in the bank but I don’t want more to run my self than $5000 and see how I do.


I really like that stock too, but at $208 a share my buying power is almost nothing.
 
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