What makes a stable stock?

Quote from Andy_Trade:

but what are the characteristics? I'm not interested in price direction entirely either, just stability from one day to the next. Not too jumpy.

thanks.
More...

Andy, you're trying to be spoonfed here. I assume you want something with a lot of liquidity, so what you need to do is get you a list of the Nasdaq 100 and the Dow. Then do some research. A very few are out there.
 
Quote from Andy_Trade:

What are some characteristics of a stock that is stable and doesn't and won't tend to be too jumpy from one day to the next?

How does market cap, volume ect. play a role in this?

Thanks
More...

Answer: A board of directors consisting of overweight, cigar smoking, white males in their seventies and eighties. I.e., your basic utility company.
 
Not sure why anyone would want a "stable" stock that goes nowhere anyway....Why spend money that you could be collecting interest on to gamble on some stupid that doesn't go up? And "could" go down. A "Value" stock, yes, good P/B and P/E etc. of course.

Try a broad based ETF perhaps.


Don :confused:
 
You must log in or register to reply here.
Back
Top