What stocks are you buying now? (Scottrade, brokerage, fund, trading)

[BrotherDave]

In the spirit of taking advantage of some bargains, I've bought Nokia, Delia, and Dell pretty hard in the last 7 days....anyone else see the value in these 3?

If not, what else are you scooping up on the cheap?

[Nepenthe]

As mentioned in my other thread, I bought MSFT Microsoft at $21.00 on Friday.

It briefly touched that low in mid 2002, and fell just a bit below that for a few days in late 2000, and ascended past that level during the tech bubble in early 1998 (adjusted for all splits).

Cash-rich U.S. companies are a bargain - Barron's | Markets | Markets News | Reuters

I want to see where this goes. $23,000,000,000 in cash and fundamentals as solid as ever, trading at a six and a half year low...

[Robhu]

I'm buying stock in the company that makes the "House for Sale" signs.

[Armyman2007]

I buying PVR, GGB, GE, and MSFT. All decent dividend stocks that are at or near 52WL. I plan on hanging on to these for the next 30 years and reinvesting the dividends each quarter/year in more. What you guys think?

[Nepenthe]

Originally Posted by Armyman2007

I buying PVR, GGB, GE, and MSFT. All decent dividend stocks that are at or near 52WL. I plan on hanging on to these for the next 30 years and reinvesting the dividends each quarter/year in more. What you guys think?

Make sure you either sign up for a DRIP program or specify to your brokerage firm that you want dividends reinvested. The default is usually for them to be in cash to the cash component of your account if you have a brokerage account (not ever stock is eligible for auto reinvestment at every brokerage firm, it really depends on whether or not that firm owns shares that it can give fractionally to customers, so check on that too).

MSFT's div recently rose to thirteen cents/share, still only a little over 2%. The others look more lucrative.

[Armyman2007]

Nepenthe I use Scottrade and they don't have a DRIP program. I will have to manually buy shares after receiving the dividend payments.

[Nepenthe]

Originally Posted by Armyman2007

Nepenthe I use Scottrade and they don't have a DRIP program. I will have to manually buy shares after receiving the dividend payments.

In that case I'm afraid that trade fees will eat up some profit. Are you sure they can't give you fractional shares? They might not advertise it, but you could call and ask what the options for dividends are.

[Oildog]

Also bought GE...looking at FCX, MMM, MRK

[Movie Lover]

I would never enter the market, even if the world went perfectly.

[heydade]

SIRI and FTO