Hunting for Home Runs
Investing's Holy Grail is to find that one stock that can make all the difference for your portfolio and your overall financial well-being. We all remember the stories about the truck driver or the next door neighbor or the sales rep who invested $10,000 in a dotcom in the late 1990s and walked away with hundreds of thousands if not millions of dollars in gains. Peter Lynch famously dubbed these type investments "ten baggers" because they had the potential to increase your investment tenfold.
Whether you accept it or not, the best opportunity to buy a ten bagger is during a period of maximum pessimism. Who would have thought of owning Apple (AAPL) nine years ago, when shares were trading in the $20s? Back in 2008 and 2009, when investors were furiously selling, you could have bought Whole Foods Market (WFM) for $8 a share -- today the stock trades for $93....341 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.