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Wednesday, May 7, 2008

Stocks I like for the Long Run

Stocks I like for the long run as a speculation:

Rite Aid (Rad)

Why? maybe because people always get sick and the aging population. Perhaps, is more of a gut feeling. After all the stock had not move much in the last 7 years.

Early in the year the stock was under $2 a share. Today closed at $2.56.

I am not suggesting you buy it because I say so. Just do your own due diligence, and do what is best for you.

When is a good entry point?
I will hold for now, however if it goes at or under $2 a share, you may consider it. Be careful.

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