Buy This Stock! Unless You Don’t Like Money…
You never know what you’ll find on this channel. 2 hours ago I looked at my ETrade account and thought to myself, “I need to share this tip with the Channel.” So here you go… Only purchase this stock if you like money. For the ABSOLUTE BEST HRT Clinic in the ENTIRE Universe… Viking Alternative Medicine. Phone: 210-826-8900, Web: www.VikingAlternative.com, Email: info@VikingAlternative.com
Let this video serve as proof that you never know what you might find on this channel. But what I try to do is choose topics I feel people might be interested and/or things I think might benefit the average person. So today, let’s talk about recent opportunities in the stock market.
Here’s the reason I feel this topic is so important. We had an extremely strong economy. The stock market was at an all time high… some people might even argue it was over-valued, but record highs nonetheless. Then we have the COVID-19 issue, and the market goes into a freefall. So yes, that really sucks if you were planning on cashing in anytime soon. But it’s an incredible opportunity if you have some extra money sitting around in a Money Market account, earning you 1 or 2 percent. Or a savings account earning you absolutely nothing.
But first, here’s my disclaimer… I am not offering you financial advice. I am merely giving you my opinion. Do not invest money you can’t afford to lose… because you definitely could lose it… all of it. Historical performance is not a guarantee of future growth. Disclaimer finished.
So what we have to look at here are stocks that are normally strong, but took a beating due to the COVID-19 pandemic. One of the industries we need to look at is Travel. Airlines, Cruise Lines, Hotels, Rental Cars, etc. Understanding that, I recently purchased stock from Carnival Cruise Line at $11.50 a share.
Now I’m not going to turn this into an instructional video on how to invest because I’m not even certain I understand Market Caps, P/E Ratios, Dividend Yields… whatever… but what I do understand is when the 52 Week High was $56.04 a share, and the company gets temporarily slapped with a “No Sail Order”, and investors drop the stock like a hot potato because of that… well, then it’s one hell of a buy at $11, $12, $13… in fact, it’s a hell of a buy at $15 a share.
Why? Because old people love cruises. Families love cruises. I love cruises. Unless you’re an alcoholic, they’re cheap! They’re also entertaining. You get to visit different places, and you can eat yourself into a food coma 24/7. And if you don’t think after this COVID thing clears up that the cruise lines are coming back with a vengeance… well then… I can’t help you.
Even better, if you like cruises yourself, owning at least 100 shares of Carnival or Royal Caribbean stock gets you up to $250 in onboard credit when you sail with them. And no, I don’t work for Carnival and nobody is paying me to talk about this. I simply think it’s an incredible buy and I wanted to pass along the good fortune.
One last point… I like stocks that are affordable. $12 a share… that’s affordable. I don’t prefer stocks like Apple where a single share runs you $276.
Let’s say you took $12,000 and purchased CCL (which is the ticker for Carnival) at $12 a share. You now have 1,000 shares. Every dollar in value that it gains… you’ve made $1,000. So lets say it returns to it’s 52 week high of $56… You’ve made $44,000. You’re welcome.
So, what I’d like to do now is… anybody watching this video that has a pick of their own… I want you to put it in the comment section below, along with why you think the stock is a bargain. I’d be interested and I think a lot of other people would be too.
Buy Carnival, don’t buy Carnival… I don’t care. But always remember, You Are Never Too Broke to Invest Like a Viking.