In order to make money in stocks, you’ve got to invest. Not just money — you’ve got to invest time to watch and watch and watch a gathered list of stocks and be ready to pounce when opportunities present themselves. Here are three stocks that have been on my watch list and now look like promising buys. 1. Couer D’Alene Mines Corp. (NYSE: CDE) At the start of each year, investors fret that this may be the year that China finally cools. But that’s been a bad bet recently and I’m betting that this year’s China… Read More
In order to make money in stocks, you’ve got to invest. Not just money — you’ve got to invest time to watch and watch and watch a gathered list of stocks and be ready to pounce when opportunities present themselves. Here are three stocks that have been on my watch list and now look like promising buys. 1. Couer D’Alene Mines Corp. (NYSE: CDE) At the start of each year, investors fret that this may be the year that China finally cools. But that’s been a bad bet recently and I’m betting that this year’s China scare will also prove to be unwarranted, despite possible troubles in that country’s housing sector. The rest of the economy simply has too much momentum, which is why I agree with commodity bulls that China’s insatiable demand for all kinds of metals and minerals will keep this asset class on the rise in 2011. My favorite current commodities play is Couer D’Alene, an 80-year-old company that is ramping up production of gold, silver, zinc and iron ore. It’s been a “show-me” stock lately as it starts to boost output at some new mines. Read More