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Posts tagged BP
Stocks to buy – CACC, LULU
Jun 16th
Hello, after about a month the stock market seems to run with nice come back for the last few days.
I have a good recommendation for the stocks to buy at this point.
CACC ($46.75 -0.18 -0.38%) (Realtime: CACC ($92.58 7.30 +8.56% Live) ): Credit Acceptance Corp . With the expectation of better auto buying market this year, we can imagine the great possibility of the growth on this stock. The P/E is not even 10. Click here to view the current detailed stock quote for CACC
Credit Acceptance Corporation (Credit Acceptance) is a provider of auto loans to consumers, using a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers, and from sales to customers responding to advertisements for the Company’s product. The Company operates in two business segments: United States and Other. The United States segment is its dominant segment and primarily consists of the United States automobile financing business. The Other segment consists of businesses in liquidation, primarily represented by the discontinued United Kingdom automobile financing business. It has two programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, it advances money to Dealer-Partners (Dealer Loan) in exchange for the right to service the underlying Consumer Loan.
Also if you look at the chart , its price has been steadily increased during the last few month.
LULU ($45.58 1.23 +2.77%) (Realtime: LULU ($64.58 1.03 +1.62% Live) ): Lululemon Athletica inc
This stock has been running higher and higher since last year. Their earnings report are just getting better every quarter. Click here to view the current detailed stock quote for LULU.
lululemon athletica inc. is a designer and retailer of technical athletic apparel primarily in North America. Its yoga-inspired apparel is marketed under the lululemon athletica brand name. The Company offers a line of apparel and accessories, including fitness pants, shorts, tops and jackets designed for athletic pursuits, such as yoga, running and general fitness. As of January 31, 2010, its branded apparel was principally sold through 124 stores that are primarily located in Canada and the United States. As of January 31, 2010, its retail footprint included 45 stores in Canada, 70 stores in the United States and nine franchise stores in Australia.
The Company offers a line of performance apparel and accessories for both women and men. Its apparel assortment, including items such as fitness pants, shorts, tops and jackets, is designed for healthy lifestyle activities such as yoga, running and general fitness. The Company’s fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs (DVDs) and water bottles. The Company also sells lululemon athletica products through yoga studios, health clubs and fitness centers. As of January 31, 2010, it had one franchise store in Canada and four franchise stores in the United States.
The Company competes with Nike, Inc., adidas AG, Under Armour, Inc., Lucy Activewear Inc., The Gap, Inc. and bebe stores, inc.
News from reuter
http://www.reuters.com/article/idUKN1216591820100612?type=companyNews
Now I really feel terrible about the BP ($31.85 0.45 +1.43%) (Realtime: BP ($46.57 1.04 +2.28% Live) ) unable to block the oil flow. The last time I really thought that they could “TOP KILL” the oil flowing , but they couldn’t . That’s when another price drop occurred. The price has pretty much dropped to $30 level now where the price range was in the year of 1997. I personally still think this is a great buying opportunity. But many investors and stock analysts advise to avoid this stock. I also admit that this is highly volatile stock and not sure what’s going to happen soon, so I would not recommend you unless you can just close the eyes and go long with this one.
Take the opportunity- Stock suggestion: BP, SCCO
May 21st
Okay, the market hit the near the low February level and finally ended in the positive territory today after 6 continuous days of falling.
There is high chance of bull coming back next week. It’s still dangerous to say that the storm has passed away since market volatility and risks are very high. So even if the bull comes back next week, it would be possible to make bear come back.
Stock trading is all about taking the right opportunity. Buy low and sell high. I believe in long term investment. And I think this is another great time to take the opportunity. It’s important to read the market and act. When everybody is panicked and selling , we should be buying the value stocks. And when others are buying at the top of the price, we should sell them. We may not be able to catch the lowest bottomed price just like the professional stock trader, but I think this is a good time to buy some high quality but under valued stocks.
Now BP ($43.86 -0.72 -1.62%) , the oil company is on the news every day about it’s oil leakage in the Gulf of Mexico. The price has been down –25% since last month. However, note that BP is one of the largest oil companies and I believe that this incident will not bring down the company in the long run. Probably after several months, everybody will forget this issue and their earning report will raise the stock price. The time will come but not just yet. So I recommend you to check out BP stock and monitor its price everyday. If the price goes down further, maybe I would get some of their stocks. Also note the Dividend percentage. It’s 7.66% Isn’t that sweet?
Also I bought some more of the Southern Copper Corporation SCCO ($27.85 1.66 +6.34%) yesterday at $25.74. And today I am happy that I did. Today it ended $27.85.
Personally I believe that we will see the ups and downs throughout the year, but I think the economy is getting better little by little so it will be all good by the end of this year.
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Hello, my name is Chris. I have started stock trading about 3 years ago. I am not an active or day trader but I learned many valuable lessons. I will try to explain what I learned during the times. So please visit again and leave comments! Thank you.