What stocks do you think are BUYS right now?

[DividendGarden]

(12-14-2016, 04:12 PM)KTMarty Wrote:

(12-14-2016, 02:40 PM)ChadR Wrote:

(12-14-2016, 01:05 PM)DividendGarden Wrote:

(12-13-2016, 05:34 PM)KTMarty Wrote:

(12-13-2016, 04:26 PM)DividendGarden Wrote: I bought some GILD at $73 last week.  I'm thinking that the cash flow is so high and the P/E is so low that it's got a good chance of working out well.

From a technical chart view it has a RSI divergence at the double bottom (I like this type of setup) and excellent volume with two white candles the last two days . Closed above the 50ma. If you Buy at this point place a stop around 71 (4% loss).  Still would like to see it break the trend down,  maybe a better buy when reaches above 78.

I don't think $78 would be a better buy than $73.

I also would rather buy it at $73 instead of $78.

Sure 73 is better then 78 but if it could keep going down. Then it could be months before you see a turn up or ever. I would rather be on the safe side and have the trend in my favor.

I guess it boils down to investment style.  I don't worry about the technical indicators too much.  I try to buy at value prices.  So, when CVS dropped from $80 to $70 a couple of weeks ago, I bought a lot of CVS because that was at a price that I felt was good.  NKE has been trending down for a year and I finally started loading up under $51.  The trend is certainly not in my favor.