Re: safe stocks
Posted by:
Not a risk taker
()
Date: August 14, 2011 05:05PM
Lowes (LOW) Rock solid company currently at 19.51. Sold for 23.00 about a month ago before the big market swings. You can get 500 shares at 20.00 wait a few weeks and sell for 23.00 or more. I know 1,500 doesnt sound like alot but IMO Lowes is a no risk company. And 1,500 isnt a bad return for waiting a couple of weeks.
Worst case scenario if the market doesnt go right back up is to hold for a few months.