Talking Penny Stocks
Fool’s School
To the average person, penny stocks (stocks that trade for less than $5 per share) can be enticing. Imagine that you have $2,000 to invest. You could buy about 30 shares of a $65 stock, 110 shares of an $18 stock, or 15,000 shares of a $0.13 stock. Doesn’t having 15,000 shares sound much better than owning 30 or 110 shares? Well, it shouldn’t. Full Story
Name That Company
Founded in 1869 and based in Camden, N.J., I’m a global maker and marketer of soups, baked snacks, healthy beverages and more. I sport market-leading names, such as Pepperidge Farm, Pace, Goldfish, Swanson, Prego, Arnott’s and V8. I invented condensed soup in 1897 and use a million miles of noodles annually. I rake in more than $7 billion in annual sales. Full Story
Welcome Back, AOL
The Motley Fool Take
Those who remember the old ticker symbol aren’t dreaming. AOL (NYSE: AOL) is back, now that Time Warner has spun off its problematic online arm.
The stock didn’t surge upon launch. Since Time Warner is distributing the shares to its investors, it’s understandable if many of them choose to cash out and treat the sale as a holiday dividend. Full Story
What a Waste
My Dumbest Investment
I took the advice of two people who should have known better: my CPA and my financial adviser. When I was 66, my CPA advised me to convert my traditional IRA to a Roth IRA. My financial adviser agreed. I paid a whopping tax on the conversion. Since I was heavily into stocks, I wanted to move my IRA into low-risk, fixed investments. Full Story
Last week’s trivia answer
As the Electric Boat Corp., I delivered my first submarine more than a century ago. I took my current name in 1952 and am headquartered in Falls Church, Va. My slogan is “Strength on Your Side,” and I specialize in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. Full Story
What Gives?
Ask the Fool
Q A year or so ago, both ConocoPhillips
and Exxon-Mobil
had similar stock prices. But over
the past year, Conoco-Phillips is
up about 2 percent, while Exxon-
Mobil is down around 7 percent.
What gives?
— N.B., online
Full Story
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