Lux Investing

what would be a good stock choice for high growth for lets say 5k to invest?

Public Comments

1. This stock is a bit risky, but I own it and really like it. Tower Tech, symbol TWRT.ob. They make wind tower support structures. They just came out with good earnings news. Here are a couple good links: http://www.top10traders.com/ViewPost.aspx?postID=82 http://www.top10traders.com/ViewHolding.aspx?symbol=TWRT.OB These are from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. Good luck!
2. do research on blue chip stocks and see what the past nubers show = try Yahoo or schwaab
3. Wachovia and Bank of America. Dividend payments between 4-5% and many years of growth in the domestic and international markets. However, Bank of America does a good job of maintaining earnings in recessions BUT Wachovia is growing at a faster rate and raises its dividends at faster rate as well.
4. I like Petrochina (PTR). It is at around $130 now, high but a good deal. Pays a dividend of around $4.00 a share. China will have to let their currency rise which will make the shares worth more dollars even if the company value doesn't increase. Often currency rises hurt companies because the price of their products cost more dollars so they sell less in the US. PTR doesn't sell to the US so that shouldn't happen in this case. Also, they buy oil for resale in China. Oil is priced in dollars so they will able to buy more for the same price in their currency. Full disclosure.... I own lots of it.