Stock market help needed, need to choose a stock that'll decrease in value.
Stock market help needed, need to choose a stock that'll decrease in value.
I need to write a report for my business class for which, I have to choose a stock (in tsx) that I think will decrease in value and give reasons to support my guess, but I can't think of any at the moment. Which company's stocks do u think will decrease in value in the next 2 months? I just need some company names to do the research.
thanks
thanks
http://www.tsx.com/HttpController?Ge...=T&Language=en
You can get the stocks on the TSX here.
AS far as some of the big ones:
ATI technology
Bank of Montreal, CIBC, Royal Bank, Bank of Nova Scotia, TD
NORTEL
Bombardier
CNR
Celestica
Inco
Kinross Gold
Magna International
Petro Canada
Rogers
You can get the stocks on the TSX here.
AS far as some of the big ones:
ATI technology
Bank of Montreal, CIBC, Royal Bank, Bank of Nova Scotia, TD
NORTEL
Bombardier
CNR
Celestica
Inco
Kinross Gold
Magna International
Petro Canada
Rogers
If you are going to argue that something is going to drop over the next two months look for something with a high P/E ratio (ususally tech companies) compared to other companies in the sector. Then argue that is stock is over values and will likely correct itself.
For example, look at the P/E ratio of the 6 banks, pick the highest one and make arguments that it should be closer to the average of the other 5 (thereby making its price decrease)
For example, look at the P/E ratio of the 6 banks, pick the highest one and make arguments that it should be closer to the average of the other 5 (thereby making its price decrease)
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