Stocks With the Biggest Profit Potential In This Market

October 1st, 2008 Leave a comment | Trackback

Like I said in yesterday’s post, you must step in while the market is down and those that did today did nicely.

While there will still be rocks in the road moving foward, there are many opportunities for the bargain shopper. While looking for stocks with the biggest profit potential, I look for companies that have come down the fastest and are way off their highes.

You also want to make sure these companies came down with the market and not because of faulty financials.

The following are stocks I feel could come roaring back:

ICE
ANR
BTU
EXM
RIMM




  1. Lenny
    October 1st, 2008 at 12:13
    Reply | Quote | #1

    After RIMM got beaten down starting on Monday, and seems to have reached a bottom/resistance at 60, I’m picking some up…

    I see no reason it shouldn’t go back up to it’s 100 level relatively quickly, and then to the 130-140 range in the longer term…

  2. October 2nd, 2008 at 03:29
    Reply | Quote | #2

    Hi Lenny, I agree with you RIMM short term should see gains it is down quite a bit. long term you must be careful they are facing lots of competition with many new phones coming out.

  3. Lenny
    October 6th, 2008 at 13:48
    Reply | Quote | #3

    Good thing I held off on that purchase…RIMM is on it’s way down…possibly below 50.
    But I will be buying RIMM…eventually!

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