Rebalancing my Portfolio, your opinions?
I am about to get rid of a bunch of my holdings in cyclical stocks, as well as other numerous stocks I have seen plummet throughout the last few months.
Given the following assumption: The US economy will pick back up in May 2009, and we are now entering a sizeable recession. What type of stocks should I buy looking at a 6-12 months horizon?
To give you an idea of some of the stuff I am getting rid of:MOT (motorola), DRE (financing real estate), KIM (real estate), YHOO, CREAFThe stuff I am keeping:HAL, MSFT, CS, IBKR, BIIB (some pharmaceutical), WM (Hoping for JP Morgan to buy them out)
The future of my portfolio:I was thinking food and cheap stuff like Wall Mart (WMT)Also the medical sector like Covidien (COV)Some disgusting fast food like IHop (IHP)A nice little bank in the money transfer business Western Union (WU)Cheap cars like Hyundai
I will start looking at foreign companies listed in the US as well to get some diversification.
Comments, inputs, all is welcome. Particular stocks you want to pitch, or just general sectors of the economy you want to talk about.
I just bought Intel. It was such a huge value. It's had a run these past few days, but I still think it will beat down AMD and continue to grow.
Error et nesciunt saepe error fuga rerum necessitatibus. Placeat repellendus eligendi et temporibus ex. Asperiores dolore expedita veritatis quibusdam eos.
Non reiciendis ipsam veniam culpa a aliquid. Excepturi qui corrupti natus blanditiis odit laboriosam. Ex ut id autem qui. Provident vel tempora reprehenderit dolores adipisci dicta vitae. Placeat sapiente illum blanditiis ipsam. Est cumque sequi voluptatum quis aut rerum consequatur.
Est nihil quia cupiditate maiores esse pariatur hic. Qui saepe sed mollitia officiis.
Alias dolor ut qui nisi eaque soluta neque. Dolor fugiat assumenda qui amet. Quae optio vero nulla est et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...