What stock is good to invest in at this moment?
April 20th, 2010
We are doing a stock simulation thingy for SS class, and we need to find some good stock to invest in. Anything good? It just needs to have been doing well for a while now.
It needs to be with what will make the most money in the least amount of time.
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POT-Potash Corporation of Saskatchewan Inc. is one of the world’s largest integrated fertilizer companies, producing potash (56% of 2006 gross profits), nitrogen (31%) and phosphate (13%) products. Annual capacities: potash, 12.9 million tons; phosphate, 2.4 million tons of phosphoric acid; nitrogen, 4.1 million tons of ammonia. Acquired Arcadian, 3/97; White Springs Agr. Chem., 10/95. 2006 depreciation rate: 4.3%. Has approximately 4,871 employees. Capital Research & Management owns 12.0% of stock; Primecap, 9.9%; officers and directors, 1.8% (3/07 proxy). President & CEO: William Doyle. Incorporated: Saskatchewan. Address: Suite 500, 122 First Avenue South, Saskatoon, Saskatchewan S7K 7G3, Canada. Telephone: 306-933-8500. Internet: http://www.potashcorp.com
MOS-The Mosaic Company, through its subsidiaries, engages in the production, blending, and distribution of crop nutrient and animal feed products. Operates in four segments: Phosphates (52% of net sales in fiscal 2007), Potash (24%), Offshore (22%), and Nitrogen (2%). Has production facilities in the United States, Canada, and strategic investments in Brazil. Serves customers in approximately 45 countries. Has about 7,100 employees. Officers and directors own less than 1% of common stock; Cargill, 64.7% (8/07 Proxy). President and Chief Executive Officer: James T. Prokopanko. Incorporated: Delaware. Address: Atria Corporate Center, Suite E490, 3033 Campus Drive, Plymouth, MN 55441. Telephone: (763) 577-2700. Internet: http://www.mosaicco.com
intel INTC
Tell your teacher that they are teaching you bad habits by asking you to look for stocks that are going to do well in the short-term. Investing is about looking at things for the long-term. This assignment is in many ways counterproductive.
Turkcell – TKC is my fav.
That third answer hit the nail on the head. Did your teacher tell you about the short term capital gains you will have to shell out?