So what should you buy while our market seems to be in a recession? Materials. Security Services. Buy steel, buy gold, and buy security services.
A great steel stock to invest in would be Companhia Vale do Rio Doce (RIO). RIO is a major competitor in its industry. In the short run, this stock could fluctuate. If you were to buy RIO today, you may not see any profit until late next week.
I feel the same way about Yamana Gold (AUY). Gold will continue to rise. Do not be discouraged by the numbers today. Keep investing in gold.
I have a good feeling about LLL and RTN (L-3 Communications Holdings and Raytheon). I think both these stocks will make you some money if you own them on Monday.
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