Thursday, September 11, 2003
More Bang for Your Buck: Stock Deals
A Wall Street slide can be the ideal time to pump up your portfolio. Just take a look at the 1987 crash. One share of Microsoft would right now be worth over eight thousand dollars. In tonight's More Bang For Your Buck, we found some current steals and deals well worth a second look.
(WSVN) -- Just think... there was actually a time Wall Street saw Wal-Mart as a running joke.
And it wasn't too long ago, the experts predicted Southwest Airlines would never survive.
They are the bargains every investor is looking for.
"You have to have faith you're doing something for the future," says Bertha Martinez. She has faith in her portfolio.
She's learned taking a risk has its rewards.
"The more diversified you are," she says, "the better you are in the long run because you are able to cover all the bases."
Covering the bases begins with a couple of top notch stocks.
First on the list, check out H & R Block. Since January 2001, H & R has stood for higher return. Its shares have more than doubled.
Next, take a look at Harley Davidson. The wait for a new hog remains 16 weeks and there's still plenty of buyers willing to pay premium price.
"If you are building a portfolio," says Jacqueline P. Lalonde of Raymond James & Associates, Inc. "it is critical you monitor that it stays within your risk tolerance."
If you do want to play more on the wild side, think about something like Sybase. The database systems company is becoming a popular pick.
Also check out C-R Bard. This company has had no problems turning health care products into a profit.
Plus - an added incentive - the new tax laws.
"In a lot of ways, it's an ideal time to invest in the market," says Lalonde.
Right now, the majority of the people will save hundreds on dividends to re-invest and acquire more shares.
"They grow in value," says Lalonde, "and you build up a portfolio faster with these new tax law changes."
Changes Bertha hopes will add to her nest egg.
"There's no sense in waiting," she says. "It's always good to have a little base or a little cushion for retirement that's coming up."
When you are investing, it is important to remember value is vogue.
Decide if you are in it for the next 5, 20, or 50 years.
And that will help determine what kind of risks you should take.
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