Best Stocks To Buy In 2009

Investors are not very keen to put their money in the markets in this tough time of the current worldwide recession. The safer and good way through would be to go only for genuine long-term investments having a holding period of at least three years. The best way will be to play safe and buy stocks of large companies with a consistent track-record. Going for the stocks of American Capital is a good option for long term investments. This equity firm has done quite well in the past, giving 15% compounded annual return.

One of the most affected by recession, the banking sector is humming along in great shape now. The trend can be observed by the fact that both Goldman Sachs and JPMorgan have reported their second quarter earnings of 2009 that have surpassed their expected gains. Some of the bank stocks that an investor can go for are Wells Fargo (WFC), TCF Financial (TCB) and SunTrust (STI). All these institutions have shown good gains and even their projections are quite convincing.

After hitting a the bottom line, the oil prices are soaring again. This makes investments in oil stocks a very good options as the sector has been recovering steadily and even the experts forecast them to do very well. Chevron is one of the best consolidated oil companies that has solid refinery exposure and having 7% as the production guidance for 2009, well ahead of its peers. Another good stock for investments is stocks of Enbridge Energy Partners, an oil transportation company with a solid crude oil business, which yields a 14% dividend.

One of the good investment option happens to be the gold stocks, as this yellow metal has consistently risen. A good pick is American Sierra Gold Corp. (AMNP), an independent gold and precious metal exploration company having 90% interest in the historically prolific Sierra Madre gold belt. The stocks of this company started under $1.00 and have zoomed over $51, showing the potentials of investments here. Some other good picks for investments are Yamana Gold Inc., Kinross Gold Corporation and Agnico-Eagle Mines Limited.

Penny stocks are a good way to earn a lot of money in a short time. Those who wish to go for short term investments can gain a lot of profits with Penny stocks in a short time. But penny stocks are a bit risky too and hence need to be handled and managed really well. Some hot penny stocks with projected expectations of good news are BioElectronics Corporation (BIEL), VirTra Systems Inc. (VTSI) and GSI Group Inc. (GSIG). Apart from penny stocks, investors can also go for companies that have done reasonably good. Some of the good options are going for Targacept Inc (TRGT), Human Genome Sciences Inc. (HGSI), Radian Group Inc (RDN) and Gannett Co Inc (GCI). All these names gained at least 75% in the third quarter.

Different emerging markets around the globe are doing really well. One of the such countries that has been identified as a growth engine is China. The markets like India, Colombia, Peru and Indonesia are also emerging as good ones and even considered by some experts of being better than Chinese market. While all these markets are growing much faster than the US, most of these have been overlooked. Investors should have a good exposure to these emerging markets to avoid missing out on some of the world's economic growth.