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Don’t understand why people are looking at stocks that haven’t gone down that much. What you should be looking at are companies that have gone down so much in the last 2-3 months. Once all this is over it will go back up. Like I mentioned before, Live Nation was a great buy at $20-22 and is still a good buy at low 30’s. Airlines stocks can be good because they won’t go out of business. Who the hell will fly people if they do?
Watched Royal Caribbean stock for a week or so. When it dropped to $22.50 (lowest was about $20 on March 18th) I snatched it up. For some reason I had a good inkling about Carnival Cruise Lines too so bought some of their shares for $8. Earlier today, before the drop, RCL was up $40 and CCL was $12. Airlines stocks are 1/3 what they were 2 months ago. Cruise lines stocks are 1/5-1/6 of what they were 2-3 months ago. That’s what I would buy. If you have extra cash and plan for long term investment you should make your money back and more, much more.
American Express and Boeing Company are good stocks to keep an eye out for.
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