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should i invest in fiat chrysler stocks? (They are at about 8$ right now)

M

Michael_

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Well maybe a dumb idea (im not an investor) but given the fact fiat chrysler stocks are very cheap right now (due to corona)
i figure there might is some money to be made when buying those right now?

I truly believe chrysler (including dodge and ram) is making the best new cars on the market right now (look at those Challenger SRT/Hellcats for example)
which are also resonable priced compared to other brands while fiat seems to sell lots of their cheap ones around the world. Seems like a great combination?

I have a feeling you cant loose (but win big) if you buy now and keep them until the market recovers.

What do you guys think?

I know about the "quality issues" with fiat chrysler products but mercedes for example aint better. just more expensive to fix.

BUT as i said i'm not an expert on this subject at all.
Dont go and buy those stocks because of this posting. :)
 
Just because a stock is only $8 doesn’t mean it’s cheap. Much better companies to put your hard earned money behind right now.
 
Buy 3M stock you can't loose on that or invest in what people absolutely have to have to survive in life. Guns, Booze, and Hookers not necessarily in that order. LOL

Tom
 
Never invest anything you can't afford to lose. Insurance annuities have always paid even in the worst of times. With interest rates at an all time low, the annuities that I hold are still paying the guaranteed portion, which is 5-7% on most. That being said my company held IRA is down 25% right now.
 
Buy FCA stock when it hits 4.
 
There are some great stocks right now, on sale...but FCA will never be one of them
 
The problem with auto stocks now is the Mass Unemployment. People out of work won't be buying new cars, especially those imprisoned in their own homes, with parole an uncertainty. Check into some other categories that are essentials, and buy the dip that's coming...
 
I believe FCA will survive as it is building what Detroit does best. RWD V8 cars and beautiful, reliable trucks is the FCA focus and their sales show it is the right thing to do. Tough times ahead for sure, but when FCA hits 4 I'm buying.
 
Fiat Chrysler stocks are affordable and i believe in the company. thats why i think about buying. (i think it will go way up after the recession)
Most other interesting stocks are so expensive, you would need to invest a fortune to make a profit worth of writing home about.
I dont really want to invest THAT much money into stocks.

Billccm said:
Buy FCA stock when it hits 4.
Click to expand...

You think it will go that low?
 
In my opinion, you are better going for quality over quantity. I don't believe FCA is a stable stock, just like oil drilling companies are not stable stocks. With any investing, do your homework thoroughly before purchasing.
 
Michael_ said:
Fiat Chrysler stocks are affordable and i believe in the company. thats why i think about buying. (i think it will go way up after the recession)
Most other interesting stocks are so expensive, you would need to invest a fortune to make a profit worth of writing home about.
I dont really want to invest THAT much money into stocks.



You think it will go that low?
Click to expand...
When you look at price per share and think that’s what makes a stock expensive/cheap - that’s your first mistake. The dollars per share has nothing to do with it. You could buy a stock at $100 per share and it could be much cheaper than the one at $8.

You asked for advice on wether or not to buy FCA. Everyone that commented advised you not a good idea. If you want to still invest in it by all means go for it. Much of the time people have to learn the hard way - especially in investing.
 
March 23rd was when the latest ship sailed. Stock prices dipped low because of the pandemic.
Wait for the next national/global crisis to buy.
OR ask Georgia Senator Kelly Loeffler, she has the inside line.:lol:
 
Chrysler stocks are like a pack of smokes. :)
 
For my money, REITs that will be buying houses that unemployed workers will need to walk away from and then renting them out to whoever's left working is probably a money maker.

Sad, but that's wall street.

For years the Nexagen temporal scanner" thermometer has been advertised on the radio.
Not sure why this medical grade, fairly expensive item has been advertised so aggressively to the general public.....but kind of seems like a good company to invest in now, given the circumstances.
 
Grocery, liquor and mail order are currently winners, but what about the mid to long term?

Those are also not currently "on sale".
 
I did good with Chrysler when it was just 'C' stock ticker but got killed on GM during the bailout BS. Anyways, got to compare them with the other auto makers of the world to see how they fair if you are set on buying auto stocks. Might be better to invest in the aftermarket auto parts instead? Should have bought AZO when it hit 685! Their P/E ratio is 16+ with EPS of 65.50. Problem I have with them is institutions hold over 94% of the stock plus I don't have that kind of money. As for a few stats on FCAU, out of 2B shares outstanding, institutions hold a total of 504,513,464 shares. Their P/E ratio is 10.85x and EPS is .66 cents. And if you do not know what that little bit of info means, you have no business jumping into the muddy waters. I'm no pro but ya need to know a few things in order to make half way decent decisions. I say that because of you saying you are not an investor so I'm assuming you are a newbie at it....?
 
Cranky said:
I did good with Chrysler when it was just 'C' stock ticker but got killed on GM during the bailout BS. Anyways, got to compare them with the other auto makers of the world to see how they fair if you are set on buying auto stocks. Might be better to invest in the aftermarket auto parts instead? Should have bought AZO when it hit 685! Their P/E ratio is 16+ with EPS of 65.50. Problem I have with them is institutions hold over 94% of the stock plus I don't have that kind of money. As for a few stats on FCAU, out of 2B shares outstanding, institutions hold a total of 504,513,464 shares. Their P/E ratio is 10.85x and EPS is .66 cents. And if you do not know what that little bit of info means, you have no business jumping into the muddy waters. I'm no pro but ya need to know a few things in order to make half way decent decisions. I say that because of you saying you are not an investor so I'm assuming you are a newbie at it....?
Click to expand...
Bingo, great answer!!
 
In my opinion, you should never buy stocks based on an emotional connection. You think they are good cars and believe in the company so you want to buy them. In many cases, that is a recipe for disaster as I liken this to betting on your home town sports team because you know them, love them, and believe that they can win every game. Product quality is just a small portion to look at when purchasing stocks, especially in the short term.

The nice thing is, it's a personal choice and if you personally think it's a good investment and you can afford to invest and wait, by all means go for it.
 
Cranky said:
I did good with Chrysler when it was just 'C' stock ticker but got killed on GM during the bailout BS. Anyways, got to compare them with the other auto makers of the world to see how they fair if you are set on buying auto stocks. Might be better to invest in the aftermarket auto parts instead? Should have bought AZO when it hit 685! Their P/E ratio is 16+ with EPS of 65.50. Problem I have with them is institutions hold over 94% of the stock plus I don't have that kind of money. As for a few stats on FCAU, out of 2B shares outstanding, institutions hold a total of 504,513,464 shares. Their P/E ratio is 10.85x and EPS is .66 cents. And if you do not know what that little bit of info means, you have no business jumping into the muddy waters. I'm no pro but ya need to know a few things in order to make half way decent decisions. I say that because of you saying you are not an investor so I'm assuming you are a newbie at it....?
Click to expand...

Here's the real question.... How many here really understand your answer? As a long standing investor I know few understand most of these terms.
 
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