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Nairaland Forum / Nairaland / General / Investment / Us Stocks Pick Alert (657858 Views)
MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)
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Re: Us Stocks Pick Alert by Skymoore1004: 9:42pm On Aug 21, 2020 |
lol but you cannot compare the two companies. sonnie10: |
Re: Us Stocks Pick Alert by sonnie10: 9:50pm On Aug 21, 2020 |
Skymoore1004:I will see how it goes. Still holding on. 40% up on my Afolabi shares since the split announcement |
Re: Us Stocks Pick Alert by DeLaRue: 10:18pm On Aug 21, 2020 |
Can one be fund a Trading 212 account with a Nigeria bank card (eg GTB Master Card)? What other options are there for funding Trading 212 account. Thanks |
Re: Us Stocks Pick Alert by mamcoker: 11:03pm On Aug 21, 2020 |
mamcoker: .pls help with this |
Re: Us Stocks Pick Alert by lafuria1(m): 11:12pm On Aug 21, 2020 |
mamcoker: No you can't. |
Re: Us Stocks Pick Alert by proprp: 11:22pm On Aug 21, 2020 |
I believe answer is No. Most platforms that you can trade options on are american platforms and unfortunately some don't support "risky countries" like Nigeria. I am a UK resident and I couldn't find a UK brokerage that has full options trading. it seems a lot of them only support CFD trading. mamcoker: |
Re: Us Stocks Pick Alert by Okewa(m): 2:22am On Aug 22, 2020 |
OakPearl:can I send you a mail? |
Re: Us Stocks Pick Alert by mygee2(m): 11:23am On Aug 22, 2020 |
OakPearl:The baba DOn Talk |
Re: Us Stocks Pick Alert by BLAQBOYFLY(m): 12:09pm On Aug 22, 2020 |
OK listen. Apple were growing tremendously during the various (4) stock splits they did. most of them in the early 2000 when these products we are using today were birthed & so on. Investing in apple is never a bad idea as they have one of the best balance sheets of any company & also $190B in cash that could easily buy a lot of big companies but the question at the current price is room for growth. Growth in terms of new products & innovation. They've been making the same recycled phone since Iphone X & they also have a great Eco system but aren't even close to being worth $2T. for those of you buying these really overvalued company stocks right now it is not a bad idea but once there's a cure or people start getting comfortable with the coronavirus these companies would experience some serious selloff. Apple is like Gold right now in the sense that investors see it as a safe place to store or invest cash. Tesla is another case study here but they are no Apple both in technology & quality of their products & am not even talking about market Cap here. Tesla currently has a P/E (price To Earnings) Ratio of 1041. the aggregate P/E ratio of the aggregate auto manufacturing industry in america is around 22. For better context,Apple's P/E Ratio is 17 & you can read up on how a company's price to earnings is used to calculate it's valuation & performance. Tesla is a great company nonetheless but other big automakers are also pushing into the electric car market & would keep taking market share off of Tesla in the long run & at current stock price,they're valued more than Walmart & if you want to know the difference between both companies both in revenues & profit you can look at their balance sheet. i can give you so much more reasons why Tesla isn't a BUY especially in the long term & you can look at the Qualcomm Stock split bubble of 1999. It can be really tempting to buy into these stocks long term based on how much their prices rise daily & if you are a short term buyer/day trader you'd make a killing out of it but i believe both apple & Tesla can't justify their current valuations long term. As always,do your own research & make your decisions. OakPearl: 4 Likes |
Re: Us Stocks Pick Alert by jblesn(f): 2:53pm On Aug 22, 2020 |
Hi guys, thumbs up to everyone keeping this thread active. I'm a newbie here. I was glad when I found this thread because I have been looking for a way to start trading foreign stocks. I need clarification in a few areas 1. What app is the best to use that affords the most convenient way of fund withdrawal? 2. Also, what is the minimum amount I can use to start trading? |
Re: Us Stocks Pick Alert by SeriosPerson: 5:31pm On Aug 22, 2020 |
Please does anyone know how to withdraw from trading212 into a Nigerian bank account? 2 Likes |
Re: Us Stocks Pick Alert by OakPearl(m): 5:53pm On Aug 22, 2020 |
BLAQBOYFLY: I like the fact there are divergent views on subject matters here. Maximum respect to every contributor. I actually made a strong case for Apple ahead of Tesla because obviously, they are are on different pedestal. I might be wrong, you might be wrong, we both might be right. If there is a general bearish collapse of the market, no stock is spared. We saw the latest one in March. But if you ask me that based on its current fundamentals, Apple will suddenly capitulate, I will disagree. Remember that what people invest in is the future value of most of these companies that they are today. And that's the basis of my position on Apple. See one of the reasons below. 3 Likes
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Re: Us Stocks Pick Alert by OakPearl(m): 5:55pm On Aug 22, 2020 |
Okewa: Why not bro. 2 Likes |
Re: Us Stocks Pick Alert by OakPearl(m): 6:01pm On Aug 22, 2020 |
tot: I understand your point. But in this business, I don't throw money around like that. When am doing a speculative play, I commit between $100-$500 max. I commit upwards of $1,000 to $10,000 when every due diligence has been done and I am convinced beyond reasonable doubt. In the process of getting convinced, I may have dipped a foot and then understood the company and the growth potentials and that was the case with this one. I bought at $14, sold at $28, got more than convinced there was sufficient room for growth, watched it behave in a similar pattern until I freed up cash and bought again at $54 and $80. It remains a long term hold now for the foreseeable future until I see a contrary reason. 2 Likes |
Re: Us Stocks Pick Alert by tot(f): 6:12pm On Aug 22, 2020 |
OakPearl: Yes, I know but the truth is even with proper due diligence there are no guarantees, so people need to have proper money management rules in place otherwise they could have their accounts wiped off. All it takes is one piece of news release. Also, for every tesla, apple and co that have exceeded expectations, there are several others that have gone south. Sound money mgt is a must --> Expect the best, prepare for the worst. I believe as a pro you already have that in place, so my comment is really more for those coming on board. 2 Likes |
Re: Us Stocks Pick Alert by 1kinggy(m): 7:00pm On Aug 22, 2020 |
OakPearl: Thanks for your insight. And the liquidity tip when considering stocks. Well appreciated. Oxford is OXLC Stella Cap is SCM Gladstone is GLAD Horizon is HRZN Prospect is PSEC I'd start with AGNC and KIMCO. |
Re: Us Stocks Pick Alert by 1kinggy(m): 7:04pm On Aug 22, 2020 |
lafuria1: In such case, just take your profit and don't look back. |
Re: Us Stocks Pick Alert by OakPearl(m): 8:37pm On Aug 22, 2020 |
ebuka1997: Fastly is a great stock for the new normal. I had it for keeps but sold off to buy back after the TikTok shake out purely because I saw the sell off as an opportunity to sell high to buy cheaper. I have started buying back with the first repurchase at $78. When I buy a stock for long term, I have very strong fundamental reasons. |
Re: Us Stocks Pick Alert by OakPearl(m): 8:50pm On Aug 22, 2020 |
tot: I do not claim to be a pro. I am still learning. Let me advise that proper money management is not enough to succeed. Proper market knowledge and understanding is ultimately required to put the money that money management has fetched you to work. It's also very commendable that you are looking out for those in on board. I want them to succeed and always advise newbies to go for knowledge more as they are starting out. But when I make my posts that appear successful, I can't have them dotted with advise for newbies over and again thereby sounding like a broken record. My picks are a result of very long hours of work, study and research so the risk of losing money is minimal for me. My eyes are always on them even after I buy so the way gains are wiped off does not happen under my very nose. We are here to compliment each other's efforts at getting our people master the art of money making in US stocks. So once again you are well appreciated. 5 Likes |
Re: Us Stocks Pick Alert by ebuka1997: 9:02pm On Aug 22, 2020 |
OakPearl: Thanks, I would start buying with you on monday ![]() 2 Likes |
Re: Us Stocks Pick Alert by tot(f): 11:51pm On Aug 22, 2020 |
OakPearl: Very tactical response, lol. 1 Like |
Re: Us Stocks Pick Alert by Okewa(m): 12:35am On Aug 23, 2020 |
OakPearl:thanks brother |
Re: Us Stocks Pick Alert by Jotrade: 5:27am On Aug 23, 2020 |
Earnings for the week 2 Likes
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Re: Us Stocks Pick Alert by Jotrade: 6:30pm On Aug 23, 2020 |
If expensive wait: If cheap buy and wait: SRARE. I have some position I swung since May |
Re: Us Stocks Pick Alert by proprp: 7:08pm On Aug 23, 2020 |
For those that feel Apple might be overvalued, I say with Apple you can't just look at fundamentals alone. iPhone changed the mobile device industry when it was released and has been able to maintain its lead till date. Those that have used iPhone/iOS can attest to its usability compared to others/android OS. So the product itself is a buy for most. Then if you add the services they offer to compliment the their hardware you should be able to comprehend how valuable the company is. In my option Apple would be worth more today if Jobs was alive because a lot of people believed in his vision. In summary whilst looking at the fundamentals is important, it is also important to research the brains behind the company. As for our Tesla, I do agree the stock is currently overvalued but Elon Musk is a different breed and I understand why some people might buy in his vision. Even if other auto makers start making electric cars, I don't think they can compete with Tesla, yet, in terms of specification. In addition, Tesla's battery & software seems to be top at the moment and when 5G is fully rolled over and countries start approving self driving cars I think Tesla's stock would shoot up again. Let's see what happens when Space X goes public!! 3 Likes |
Re: Us Stocks Pick Alert by Okewa(m): 10:08pm On Aug 23, 2020 |
OakPearl:thanks BRO, I have sent a mail to yoi |
Re: Us Stocks Pick Alert by OakPearl(m): 10:37pm On Aug 23, 2020 |
proprp: Well said. Tesla has always been suggested to be overvalued by commentators. Up till March when it sold for around $500, they said it's overvalued and we all agreed. But 5 months down the line, it's over $2,000! It is still overvalued; even Elon said so. But see what Mr. Market is permitting. If In 2001, you bought $399 worth of Apple shares instead of buying the original IPod then (that was the cost when it launched), that could have fetched you 277 shares. Following the stock splits in around 2005 and 2014, those shares would have increased to 3,878 shares. In today's market, that's worth $1,929,227! Another split is here, it will keep looking overvalued in the eyes of some analysts. They may be right, but Mr. Market will always have the final say. We have to be observant and dynamic enough to fully benefit from what the market offers. Too much analysis they say leads to analysis paralysis which scares people away from benefitting from glaring opportunities. 11 Likes |
Re: Us Stocks Pick Alert by Predstan: 4:00am On Aug 24, 2020 |
proprp: Tesla is taking a different route from the Lidar system for self-driving car... They haven't made a breakthrough t Yet |
Re: Us Stocks Pick Alert by KillamanJoe: 8:23am On Aug 24, 2020 |
Good morning guys, I just discovered this thread. I trade with Trove and etoro for now. Trading 212 have still not verified me. Anyway, I am affacted by the 200dollar maximum dollar spending limit by zenith so no hope to fund for now. Thank God trove. I hope tesla continues to go up sha. I plan to pull out by 2100. Who else has jumped on the apple train? |
Re: Us Stocks Pick Alert by KillamanJoe: 10:03am On Aug 24, 2020 |
Damn, Tesla has crossed 2120 in pre-market. damn. now pushing for 2200 |
Re: Us Stocks Pick Alert by hancock(m): 10:13am On Aug 24, 2020 |
Also apple at $508 already premarket. some people on reddit were predicting apple will reach $600 before the spilt. im guessing they wont be far away from it Tesla is in another realm right now ![]() |
Re: Us Stocks Pick Alert by abraolas1: 10:47am On Aug 24, 2020 |
KillamanJoe: Tell me More about etoro...... how does it work with trading of stocks ?? |
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