If I was looking to start a lower risk portfolio with a few positions, I would want stability with the potential for growth and the possibility of a dividend.

I would recommend the following three stocks to virtually any investor:

1. CELG (Celgene):  This stock might be the one with the highest opportunity to pop.  The Obama health plan is a bit of a drag for this sector, but once things shake out there, the stock is poised to perform well. In fact, we were strong on CELG below $39 on 4/15/2009.
2. GLW (Corning): Corning is solid, good financials, and in the position to profit from a growing economy.
3. MTB (M&T Bank): Some exposure to the financial segment is not a bad thing.  You could do this via an ETF (such as XLF) or via a solid stock like MTB.

These stocks have been touted on this site since we started BobandScott.com.  I have owned a core number of shares in CELG & GLW for at least 5 years and have traded a bit during that time.  I have owned MTB from the mid 20′s and have added to my position on a couple of occassions (in the mid 40′s).  MTB is a solid regional player that stands to benefit with the recovery in the economy.

Bob

Be Sociable, Share!

• 

Related articles:

1. Celgene is a Bargain
2. Episode 17 AIB Call, CELG Call, TRF Call
3. Bought Celgene Call Options