nismoZtuner wrote:does any one recommend any stocks that are doing good. i notice that the big companies have a high value but they dont really go up much.
penny stocks seem to get more since the value is low..
The biggest thing to understand about stocks is that you are in for the long haul. Most companies don't go from penny stock to Dow Industry average overnight. The S&P annual average growth since 1970 is around 12 1/2%. When you figure that 90% of all stock mutual fund managers fail to beat that- people who have graduate school degrees and do that for a living- it isn't easy!
Penny stocks are penny stocks for a reason... most of them stay penny stocks at best; many of them go bankrupt. Sure, there are a few that do make it big, but they mostly get big by luck and/or excellent timing.
Big companies may be boring, but they typically pay dividends and do have some growth. That;s not to say you can't find the next small company which becomes a mega-stock like Microsoft, Apple or Google. But you should expect to buy and hold for a while before it makes its move.
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