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So I've been helping my dad in the research of some stocks...and we've made a few purchases for long-term stays...and have a couple questions on a few Vegas stocks.
We recently purchased MOS (Mosaic Co.)
250 shares at roughly 32.70 thinking it was near the bottom...then of course earnings start coming out and market goes down again...we bought in another 175 at 28.00
Is this a good stock to hold onto long-term? I see some analysts have a target price of $112 for this stock...and it's parents company Cargill Inc may buy more interest into the company. HUGE company in regards to what they control along with Potash.
Second stock we bought into was Avis (CAR) with 1300+ shares. Unfortunately, we set a limit buy at $1.50 thinking once again it was near bottom...and day trading today had this bad boy hitting 1.00 today. We bought this more as a riskier stock hoping when the economy starts to cool...the stock will at least triple back up to it's normal $7-10 region.
Now we have a bit more out there we can throw into the market. Ive been looking into Las Vegas Sands (LVS) Obviously have read the Chapter 11 worries...but this stock was trading over $100 last year at this same time. If they can somehow recover...this stock could pop with the economic recovery. Really want to get into this or MGM...if others are thinking this is at or near bottom...would love some advice. LVS is trading way below its 52-week low...so would obviously love to get on it if outlook is good.
Thanks for any info or input.
We recently purchased MOS (Mosaic Co.)
250 shares at roughly 32.70 thinking it was near the bottom...then of course earnings start coming out and market goes down again...we bought in another 175 at 28.00
Is this a good stock to hold onto long-term? I see some analysts have a target price of $112 for this stock...and it's parents company Cargill Inc may buy more interest into the company. HUGE company in regards to what they control along with Potash.
Second stock we bought into was Avis (CAR) with 1300+ shares. Unfortunately, we set a limit buy at $1.50 thinking once again it was near bottom...and day trading today had this bad boy hitting 1.00 today. We bought this more as a riskier stock hoping when the economy starts to cool...the stock will at least triple back up to it's normal $7-10 region.
Now we have a bit more out there we can throw into the market. Ive been looking into Las Vegas Sands (LVS) Obviously have read the Chapter 11 worries...but this stock was trading over $100 last year at this same time. If they can somehow recover...this stock could pop with the economic recovery. Really want to get into this or MGM...if others are thinking this is at or near bottom...would love some advice. LVS is trading way below its 52-week low...so would obviously love to get on it if outlook is good.
Thanks for any info or input.
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