3 Good Stocks to Invest in Right Now – Don’t Wait!

Finding Good Stocks to Invest in is Especially Critical in Difficult Economic Times

The number one question among many investors is, what are good stocks to invest in?  The truth is there is no easy way to answer what are good stocks to invest in,  nor is there a definitive answer that will fit everyone’s trading style.  There are basically two different types of investments to consider when looking for good stocks to invest in – long term or short term.  Therefore,  the stocks that will best fit your needs depend on the strategies you have regarding long or short term.

Larger companies tend to be better stocks to invest in for long term outlooks, whereas if you are looking for  good stocks to invest in right now for quick profit potential, then smaller and higher risk companies may be the best option.  A short term investor will typically analyze the trends of a particular stock in attempts to decipher how they think the investment will do in comparison to the market.  Long term investors tend to take into account and research the companies overall financial gains and/or losses to determine of the companies has good stocks to invest in.

Good Stocks to Invest in – Look First at Your Risk Level

What it all amounts to is, it is your call for determining which type of investments you are the comfortable with and confident in having a good return for your money.  Just as learning what are good stocks to invest in, finding a good broker that you can trust is also an important step in the process of stock investing.  The following tips will be beneficial in helping you to find a good broker and knowing what to look for in brokers.  A good broker is essential sometimes for picking the right mix of good stocks to invest in.  For more information regarding brokers visit, Stock Trading to Go at http://www.stocktradingtogo.com/online-stock-brokers/.

1. Make a list of what is important to you and what you expect from the broker.  If you hire a broker that does not specialize in or have a passion for the type of investing you are interested in, it will be a waste of your hard earned money.  For example, thinkorswim is best known for their attention to the excellent service they provide to frequent traders. They will help you to locate good stocks to invest in.
2. Hiring well known brokers assures you that the tools and features offered with online investing will be of better quality.  Brokers that have thousands of clients, do so because they are doing something right.  A good example of a well known broker is ScotTrade which has hundreds of local branches and has been honored for their customer loyalty. ScotTrade has help their clients find good stocks to invest in for decades.
3. Fees are an important consideration when it comes to hiring a broker.  The fees will vary and you should be alert to hidden fees that may not be noticeable until you do some digging.  TradeKing has great customer service and offer all of their trades at $4.95 and .65 per option contract.  OptionsHouse, ranked in 2010 as best broker for discounted trading offers a flat fee of $3.95 and two flexible rates for the options trading. If your broker fees are too high, even if you find good stocks to invest in, your ROI will be diminished.

Good Stocks to Invest in for 2010

The best stocks change from day to day, month to month and year to year.  There is no rock solid way to ever know which will be the best; however, if you invest  wisely and utilize the advice of a good broker, you will find good stocks to invest in and your investments will pay off.  The following are some of the good stocks to invest in 2010 and a few that have been recommended by The ‘Mad Money’ host Jim Cramer on MSN Money (http://money.msn.com/top-stocks/cramers-top-10-dow-stocks-for-2011-cramer.aspx, for 2011).  Some of the best stocks of 2010:

1. AutoZone – during the recession this retail business picked up and the shares as of November 30, 2010 were up 62%.
2. Whole Foods Market – the nations largest chain of natural food stores had a rough year in 2009, however, as of November 30, 2010 the stock was up by 70%.
3. Limited Brands – a seller of intimate apparel for women had an increase in sales that resulted in the stock being up 72% as of November 2010.
4. Wynn Resorts – operates, owns and develops casino properties.  As of November 2010, the shares for their Las Vegas company was up 74%.

Good Stocks to Invest in -  Suggestions for 2011

Suggestions for good stocks to invest in for 2011:

1. Alcoa – due to the boost of aerospace, auto and power plant productions.
2. Wal Mart – As the global economy continues to flounder, Wal Mart’s cheap prices and ubiquitous presence will gurantee safe returns.  As the world’s number one retailer, this will be a safe haven for investments, even in a period of economic upheaveal.
3. Home Depot – Although the expected increase in house construction in 2011 has not materialized, Home Depot remains a safe and good investment as homeowners increase spending on home improvement instead of upgrading to a more expensive home.

The expected best investments for 2011 are those related to fields of prescriptions and building supplies.  Once the global economy improves, look for the oil and technology sectors to rebound. When looking for good stocks to invest in, it is best to err on the side of caution at this time – stable growth from large cap stocks.