Saturday, July 31, 2010

I am going to purchase some stocks online for the first time. need advice?

Looking for a business that has room to grow in stock price, yet I plan on holding this for a few years so want some good dividends also. Pengrowth energy trust was suggested, any others?I am going to purchase some stocks online for the first time. need advice?
energy trusts would be a good choice, but stocks with growth prospect normally do not pay real great dividends.





A good place to start would be Yahoo stock screener. They have two, a basic screener and a more sophisticated screener. If you plug in to the basic screener asking for a dividend of 3%, a peg ratio %26lt; 1.0 and an expected growth rate of 10%, you will receive a hit list of 15 stocks. One that looks interesting is ARLP, a coal company.





Below is the screen for those parameters.
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