What is the best stock to buy before the bailout?
Posted by admin in Finance Sunday, 2 January 2010 06:08 3 Comments
I want to buy a stock tomorow (sept 25) or soon after, then wait for the bailout. Which stock should benefit most from this news?
Posted by admin in Finance Sunday, 2 January 2010 06:08 3 Comments
I want to buy a stock tomorow (sept 25) or soon after, then wait for the bailout. Which stock should benefit most from this news?
Goldman Sachs
Washington Mutual (WM)
I hate to pick one stock for you, then have it be the ONE that does not participate in a rally. I would suggest an ETF that covers the financial sector – IYF (ishares DJ Financial), UYG (ULTRA financial proshares – 200% of the financial ETF), etc.
Research all of them and see which you feel comfortable with.
Good luck!