Long ago, I used to think naively that absolute stock price Is the greateat determinant when buying a stock. This is wrong. A $1 share can be expensive ( when it's intrinsic value is 0) whereas a $100 share is cheap when its worth is say, $200. So now wiser, I'd buy the $100 share. Also, don't buy trashy stocks but buy only the highest quality stocks eg, CRM, google, unh, Msft etc. Buy only when you have researched them & do your due diligence.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments