Originally Posted by JaxRed
May we ask what stock this is?
I don't have any in mind right now, but I'll share my fake google portfolio I created during the downturn in 2009. I haven't done anything to it since. I focused mainly on companies I thought had a good chance during a recession, which were cheap entertainment (TV, Internet) and car repair (people making a dollar stretch). I didn't think of Walmart and McDonalds, but I think they did well too.
Actually, the last 4 lines were added after the initial batch. The blank one is (was) Kendal, a Cincinnati company a relative had stock in that I was watching for them. Not a real pick. The P&G stock was along those same lines, a family stock, not a real pick. The last two were a re-visitation of my effort to pick a single stock. This time I was just looking for a cheap one that was probably way off it's high. I had no clear signals guiding me, in fact the only thing I remember was ignoring the fact that Books-a million was doubling down on paper book stores instead of internet based ideas. They had the cash to do it. It's not working I guess. That was probably 18 months ago.
Anyway, the take away is really that anybody could have made a lot of great picks in 2009, sure, but there were a lot of solid companies that were undervalued and if you could find them now, just one really, that could simplify things.
One other thing I've tracked is Fedex/UPS stocks, which this time of year (come to think of it) are usually down a bit in price before they rise in the fall and winter for Christmas. Looks like that trend is flat right now or still coming, nevertheless those stocks are too expensive for me.