You could look to some of the stronger sectors too like oil/gas and fertilizer. I've been buying beaten-down real estate stocks, especially non-reit ones that pay over 5% dividends. Perhaps I'm just becoming too conservative in my old age. Or maybe just foolish buying such stocks - or any stocks, now.
As I've said many times, a question for anybody buying a stock, is and always will be, "How long are going to be in for?" For somebody with a five year perspective, Nestle (NSRGY) might be okay. Not great, but okay. I'm buying a little as the stock falls.
I continue to trim AAPL. Huge company, I don't know what will move the needle. Maybe that it's just in so many funds, Dow Jones, S&P, etc. So if market moves up, it should be taken up too, I guess. Otoh, so many people already in this with so many shares outstanding, maybe it's better for me to look elsewhere now for opportunities. I might be wrong. |
