What's the most frugal stock right now?
OhioGuy
to see what others out there think right now. I'm in a position to pick a
couple of stocks as investments in my IRA, and I like to use a value
approach. In other words, I look for companies that are currently out of
favor, or that the market has sold off more than would seem to be warranted,
given long term prospects for the company.
I just loaded up on a couple of inexpensive big pharma stocks, and would
like to balance those out with stocks from other sectors. Anyone have any
suggestions for an undervalued stock that is likely to bounce back at least
20% over the next couple of years? (preferably one with little or no debt,
and a stock price that is less than 10x cash flow)
Thanks!
clams_casino
This is a great time to swap traditional IRA funds into Roth funds -
provided the funds don't move you into a higher tax bracket.
Any rebound (ah, actually growth, since the market has been essentially
flat since the day GW took office) will be tax free.
Vic Smith
GM
Dave
> GM
Dude, he didn't ask the most frugal way to lose money quickly. -Dave
Marsha
> This is a great time to swap traditional IRA funds into Roth funds -
> provided the funds don't move you into a higher tax bracket.
>
> Any rebound (ah, actually growth, since the market has been essentially
> flat since the day GW took office) will be tax free.
Funny you should say the same thing my financial advisor said. Anything
I have had taken out for the past 6 months has gone into a Roth. Some
of what's already in my IRA will be transferred slowly to a Roth over
the next 5 years, so as to not put me in another tax bracket.
Marsha/Ohio
catalpa
"Vic Smith" <thismaila...@comcast.net> wrote in message
news:b0fq64tunvf1m1se1...@4ax.com...
He meant 10x cash flow coming in, not going out.
Ron Peterson
TM is less than 10x cash flow. P/B is 1.29 and forward P/E is 10.79.
PCZ is less than 10x cash flow. P/B is 1.95 and forward P/E is 5.12.
If you can sell covered calls in your IRA, some ETFs might work for
you.
--
Ron
nicks...@ece.villanova.edu
>... thought it would be fun to see what others out there think right now.
XSUNX has nice backing and technologies...
Nick
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"catalpa" <cat...@entertab.org> wrote in message
news:aigbk.315$713.242@trnddc03...
i've read that of all the us car makers, gm is the only one set to turn
around.
----------------------
"I tremble for my country when I reflect that God is just; that His justice
cannot sleep forever."--Thomas Jefferson
"Those who cast the votes decide nothing. Those who count the votes decide
everything." -- Josef V. Stalin
www.myspace.com/bodybuildinggranny
heavy on the country music. if you don't like country, scroll down for
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Brad Naylor
Gag Me
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----------------------
"I tremble for my country when I reflect that God is just; that His justice
cannot sleep forever."--Thomas Jefferson
"Those who cast the votes decide nothing. Those who count the votes decide
everything." -- Josef V. Stalin
www.myspace.com/bodybuildinggranny
heavy on the country music. if you don't like country, scroll down for
some surprises.
"Brad Naylor" <brad_...@live.com> wrote in message
news:s_ybk.14527$N87....@nlpi068.nbdc.sbc.com...
not according to barron's.
Observer
Food stock. Load your pantry with food. Staples. Canned goods. See
if the price doesn't skyrocket in the next several months.
Course, that don't work in an IRA...
__
Peak oil? I dunno.
Obama vs McCain? PEAK BULLSHIT!