Top 10 'New Frugal' Stocks
OptionsZone Experts, May 8, 2009
Free Trading Guides
-
Frugal Stock #6: Amazon.com
Every nation must learn to exploit its waterways if it wants to flourish. And in a Frugal Nation, perhaps the biggest and best waterway can be found in cyberspace. We're talking here about Amazon.com (AMZN), the "virtual river" that has become the vogue location to get whatever you need at the lowest price possible.
One of the things that make shopping at Amazon.com such a smart, frugal choice is the lack of state sales tax. With sales tax rates rising in the big states like California, careful shoppers are now realizing that Amazon.com offers them a much better value than making the trek to their local retailer. Amazon.com is the place for frugal shoppers to save, and it's a great stock to put on your Frugal Nation portfolio shopping list.
Amazon is one momentum stock that's off and running. Get 12 Thoroughbred Momentum Trades.
More By This Expert
Jon Lewis
Put Your Money Where Your Mouth Is
Despite the economic slowdown, consumers continue to purchase peanut butter, jelly and all other J.M. Smucker (SJM) products, and the stock may see a big move after earnings next week.
Dell May Take the Street by Surprise … Again
Dell (DELL) has some good things going for it heading into earnings that could make it a great candidate for a pre-earnings call play.
'CAT' About to be Let Out of the Bag
Heading into earnings, the indicators point to Caterpillar (CAT) breaking above its September high. So look at a bullish trade before the company reports.
Will HAL Bust Through the September Highs?
Skepticism in Halliburton (HAL) may be on the verge of unwinding into buying pressure, which could be what the stock needs to break out to new highs.
Breakout in INFY Almost a Sure Thing
Infosys Technologies (INFY) reports earnings next week, and that could very well be the key to a breakout in the stock.
MOST POPULAR
- What's Hot: DELL, DHI November 20, 2009
- Sidewinder: MCD, DKS, JPM November 20, 2009
- Options News: SII November 20, 2009
- Sidewinder: CY, ADSK, KG November 19, 2009
- Options for Dummies November 19, 2009
Options Broker Center
