What? The expert stock picker is asking for stock picks? Soy has been impressing us with his stockmarket predictions. Why is he asking for stock picks?
I know this, that is why I mentioned UPRO and TQQQ therefore in first place. But he wanted to backtest this, as this makes no sense to me, so I mentioned the top performers in the past decade to have a comparison. This was not as forecast for best stocks in the next decade meant in this post.
They've (COST) been selling gas in South Florida for as long as they have been down here, which is +20 years. But agree they would be a good choice. As for AMZN - their profitability hinges on AWS, better yet if for them if they come up with second AWS type service revenue stream. Retail does chit for them.
Gas is not new but go look at the number of costcos.selling gas now....it is.growing and their gas is often the cheapest around and drives traffic to the stores. Every costco that adds gas has long lines and a large % of those customers end up in the store since you have to be a member. It increases traffic. If you think retail.does.chit look at their revenues.from books, products and Whole Foods. The stock is trading down after the split and once we get past an economic slowdown...$200 is a relaible target for buy and hold.
It's on the Dow. The Dow is up 70% from the Covid lows. MCD is up 83.5% Like I said, over-rated. No one cares where a stock has been, they care about where it's going. The dogs of the dow change all the time. It's MCD's turn. Write it down... $258 is in the cards for MCD.
Long term is subjective-2023 tricky: JEPI or similar high dividend ETF. TIP/TLT or short term bond etf. Sell leap puts on volatility spike on AMZN, QQQ, GOOG, NVDA to own covered with cash. BBH Save some powder for Xanax conditions.
%% Hidden treasure stuff like VALE, but have to use a stop loss or know how to take profits.\ NOT exactly bid/ ask stuff/LOL; but same principle. TQQQ, QQQ,has worked well in the past\ but a major holding like underperformer , as META, seems to have goofed it up for 2022, even though daytraders make get some change, briefly for it. Always double check any ,especially if its yahoo. Worst thing is adding to an underperformer ;like EWZ. Like Larry ''Mint '' Hite said ''would you buy more buggy whips , because price goes down?? No , because IC engines replaces the ''green '' horse