Investing In Brunswick
#1
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Investing In Brunswick
I really dont know if this is the right place to post this question, but figured some of you f&i guys might provide some insight. What is your long term opinion on Brunswick. Do they have enough other than BOATING interests to stay alive until things turn around. Is so are they not a bargain at $4 or less? When things finally do turn around will they see $40- 50 again... Not looking to refinance the house for this, but cd,s dont seem to be the answer . Would it be unreasonable to put some spare cash 10 or 20 k here.. Any insight appreciated. Thanks in advance.
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I look at the stock market the same as I look at gambling, like Mike said. If you can afford to lose it, then play.
The way I see it is that they are at nearly their lowest point in 5 years right now as far as stock value is concerned. If you dont' think that they'll "close down", then right now, this stock is seriously "on sale". (Excuse the shopping analogy.. it's in my blood as a woman). If you're willing to sit on it then I say buy it. Right now the stock is trading at $2.73 a share... you invest $10K and the stock just jumps to $10.00 a share after a year or so... that's a $26,600 profit... not too shabby.
Again, my two cents... and totally not my field of expertise! haha
Any financial planners or stock brokers on here??
The way I see it is that they are at nearly their lowest point in 5 years right now as far as stock value is concerned. If you dont' think that they'll "close down", then right now, this stock is seriously "on sale". (Excuse the shopping analogy.. it's in my blood as a woman). If you're willing to sit on it then I say buy it. Right now the stock is trading at $2.73 a share... you invest $10K and the stock just jumps to $10.00 a share after a year or so... that's a $26,600 profit... not too shabby.
Again, my two cents... and totally not my field of expertise! haha
Any financial planners or stock brokers on here??
#4
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So I figured... why not... I'll invest some money in Brunswick... it's low enough in it's 5 year span that it can't possibly go that much lower.....
UP 26.28% from where I bought it! We'll see what the long term brings.
UP 26.28% from where I bought it! We'll see what the long term brings.
#5
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I really dont know if this is the right place to post this question, but figured some of you f&i guys might provide some insight. What is your long term opinion on Brunswick. Do they have enough other than BOATING interests to stay alive until things turn around. Is so are they not a bargain at $4 or less? When things finally do turn around will they see $40- 50 again... Not looking to refinance the house for this, but cd,s dont seem to be the answer . Would it be unreasonable to put some spare cash 10 or 20 k here.. Any insight appreciated. Thanks in advance.