(09-13-2019, 06:08 PM)stockguru Wrote: I would never buy MMM. They are no longer a growth company. And as long as tariffs are a threat, they will continue to suffer and hit new lows. I don’t need a graph to tell me that lol. Yes it’s cone off the lows but that won’t last. Just a rotation going on right now.
Thanks for the info. I will have to check them out.
I sill say MCD hits $230 by years end.
And you could very be well be right Guru. And it might be sub $150 next recession. We can't know that of course. What we CAN do is have the good sense to understand risk/reward, and keep our bets small when appropriate.
LOL, I'll shut up as soon as you pull up a 20yr chart on INTC, CSCO and PFE and imagine an investment around 1999-2000 . They were all can't lose stocks, pay any price. That was the modern equivalent of AMZN, AAPL and JNJ safe. You couldn't go wrong, right up until it didn't work anymore.