Take a Couple of Flyers
This is a tough one because putting money aside for one big winner isn’t the most prudent investment advice, unless you’re these fortunate folks. So, I’m going to put a big chunk into two stocks, hopefully improving the odds or at the very least, convincing myself on the wisdom of “diversification.”
I’ve got three candidates in mind: 3D Systems (NYSE:DDD), which I wrote about earlier this month; Amazon (NASDAQ:AMZN), a stock that continues to both amaze and frighten me with a 3,000+ P/E and up-and-down earnings; and … I may be crazy here … Hewlett-Packard (NYSE:HPQ), a company that’s either going to die a slow, painful death, be broken up and rise from the ashes a stronger operation, or be swallowed by another company or private equity fund for a premium.
So there we have it: five New Year’s resolutions, all of which I’m going to try like the Dickens to fulfill sooner rather than later. Now, I need to work on those personal resolutions for dinner.
Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he is long VZ, INTC, GE, and AAPL.