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Five stocks I wish were in my portfolio... - Voice of the People

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Zacks' Voice of the People Highlights user MightyMo: "Five stocks I wish were in my portfolio..."  from the People & Picks community.

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Five stocks I wish were in my portfolio:

Salix Pharmaceuticals (SLXP), Cognizant Technologies (CTSH), U.S. Steel (X), Amylin Pharmaceuticals (AMLN), Kansas City Southern (KSU)

With the market at or near a near-term high and these stocks likewise, even I, who is one not afraid to purchase high climbing stocks, will hesitate to dive in.

The market is not open as I write this.

One stock is a RAILROAD
Two are BIO speculative stocks
One hits the spot and is a riddle (X)
One is a computer outsource company

I like the computer outsource company and have been trying to purchase it the last two sessions. I probably won't be able to catch it today as well. Will try though.

Out motto: (the 'gist' of it). Buying equities that have dropped in price in what appears to be 'bargains" or "cheap" is a fool's high-risk game unless you have the proper research tools or 'insider' type border line legal information about a company. Most individuals don't have access to these research vehicles. Buying stocks that have demostrated a move is actually a conservative and low risk play (especially if you follow good money management 'cut your loss' rules.

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In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more visit http://www.PeopleAndPicks.comZacks Investment Research

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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