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Looking for one growth potential stock (1 Viewer)

Baloney Sandwich

Footballguy
My wife started doing some 1099 work so we opened up a SEP IRA for her to ease our tax burden. Our initial contribution isn't all that much, roughly 5K. I'm looking to buy just a single stock instead of putting it in a mutual fund. Ideally I would like a stock with a fair amount of upside priced under $30 a share. I've been researching a few ones but I know the FFA has some savvy investors so any hot tips? I'm not looking at penny stocks or advice from racist Walgreen's clerks, just something that has potential. If it flames out, not the end of the world as we aren't talking a lot of money. TIA.

 
Going single stock means you have to accept the possibiity of losing it all.

If you are ok with that, best of luck to you.

 
Biotech stocks will be your best chance here. You'll either win big or lose it all. Do some research, find a company with funding in phase 1 trials and place a bet.

 
When investing in a single stock, part of the fun is picking it yourself. Don't listen to dorks on a message board.

That being said, I would suggest looking at biotech/drug companies that has the potential to be bought by a bigger company.

 
You mentioned wanting to buy a stock with a share price less than $30

What I would suggest is to take $5 of that $5K

and buy this book

https://books.google.com/books?id=ViDIT8mIIy0C&pg=PA99&lpg=PA99&dq=stock

+share+price+meaningless&source=bl&ots=Rj8qLbu-Jn&sig=vizprFA6LmBVxbU6HMz1lh4NqCs&hl=en&sa=X&ei=5NE8VaGgA4WjsAWyh4CgBg&ved=

0CEYQ6AEwBA#v=onepage&q=stock%20share%20price%20meaningless&f=false
I think you fail to understand what I'm trying to accomplish and you still owe me rent.

 
You mentioned wanting to buy a stock with a share price less than $30

What I would suggest is to take $5 of that $5K

and buy this book

https://books.google.com/books?id=ViDIT8mIIy0C&pg=PA99&lpg=PA99&dq=stock

+share+price+meaningless&source=bl&ots=Rj8qLbu-Jn&sig=vizprFA6LmBVxbU6HMz1lh4NqCs&hl=en&sa=X&ei=5NE8VaGgA4WjsAWyh4CgBg&ved=

0CEYQ6AEwBA#v=onepage&q=stock%20share%20price%20meaningless&f=false
I think you fail to understand what I'm trying to accomplish and you still owe me rent.
If PPS is a criteria you are probably failing to understand what you are trying to accomplish.

 
AAPL is the way to go. They are a strong company that is only going to go up. They've never had any trouble and all the kids love them. BUY!

Google is a strong company that is only going to go up. There business plan is great and they are a strong up and comer when it comes to technology. Kids love them. BUY!

 
AAPL is the way to go. They are a strong company that is only going to go up. They've never had any trouble and all the kids love them. BUY!

Google is a strong company that is only going to go up. There business plan is great and they are a strong up and comer when it comes to technology. Kids love them. BUY!
No concerns about currency headwinds in 2015? I'd be leery of any company, in any industry, that does most of its business OUS and reports in the US Dollar in 2015. The market will punish them, even if unwarranted by good operational (ex-currency impact) performance if they miss earnings/EPS estimates. I view it as a cost of doing business off-shore, which is still a better deal than ever repatriating any of that money. If this is near-term investing, those blue chip companies could wreck you. If you're a buy and hold investor, this would be a good time to invest in them as the year moves on IMO.

 
uso/uco/uga

oil is going to go up in price over time, it's a near lock

could be a year or 5, but i like the odds... a lot

 
uso/uco/uga

oil is going to go up in price over time, it's a near lock

could be a year or 5, but i like the odds... a lot
I've learned the hard way about this through DTYS (which is similar to the funds you mentioned above, just moves based on the treasury yield, not oil)... There is always more downside on these than upside.

USO will never get back to $40... Look at the price per crude when it was $57 and heading south, now compare the price of these indexes on that date months ago and now, it will be lower even though crude is the same $57... I've read a few articles on why this happens, but I'm not in the mood to dig them up.

With that being said I also own UGA.

ETA: DTYS was at $19.28 last week with the yield exactly where it is today... Today it is $19.10. It falls harder than rises, same with USO.

 
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uso/uco/uga

oil is going to go up in price over time, it's a near lock

could be a year or 5, but i like the odds... a lot
I've learned the hard way about this through DTYS (which is similar to the funds you mentioned above, just moves based on the treasury yield, not oil)... There is always more downside on these than upside.

USO will never get back to $40... Look at the price per crude when it was $57 and heading south, now compare the price of these indexes on that date months ago and now, it will be lower even though crude is the same $57... I've read a few articles on why this happens, but I'm not in the mood to dig them up.

With that being said I also own UGA.

ETA: DTYS was at $19.28 last week with the yield exactly where it is today... Today it is $19.10. It falls harder than rises, same with USO.
Never is a long time bro

 
Pay your credit card debt.
I have zero cc debt.
Good job, man. Very good job. I guess the nextstep is to figure out how liquid the 5k needs to be, as in, when are you going to need it?
It is in a SEP IRA, I'm not going to touch it until retirement. Planning on buying 150 shares of Karypharm
Kind of random at first glance. But I think I feel you on this. It looks like they are investing a lot in their capital and labor expenses - investing in themselves and putting a lot of their revenue into research. For under thirty bucks in a strong industry I guess it makes sense if you are going to ride or die with these guys.

 
1. Share price is irrelevant as a stand alone metric.

2. You're picking pretty much the top of the equities market to do this.

Good luck.

 

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