Goldman Sachs, Old Reliable Moon Shot

If wrong on Goldie, I’ll wear a dunce cap filled with humility. Best defense is a strong offense. Let someone else own airlines when traffic turns south. 

I can offer you half a dozen stocks that do go against the grain. I’m talking properties like Berkshire, Citigroup, Amazon and Goldman Sachs. Throw in my Macy’s, spec for your retailing comeback. Sometimes,  you play with fire. Not just Macy’s.  Try a low priced airline, maybe American. 

I’m not interested in pricey paper but need to find a 10 dollar theme on my screen. Paper like Microsoft and Tesla don’t get my money. Four hundred dollar stocks are for nutsy mutzies. I need an old fashioned play that can circle around the clock several times. How about Morgan Stanley?

Too many stock groups can turn dead in the water. Overpay for airlines for example, and it can cost you a snappy 10% or more, overnight. 

Own Tesla and watch it zip while you zag. Cost you 10% overnight, too. My interest in going against the grain makes sense only if you can come up with winners. Macy’s is my retailing play.  If its numbers soften, I’m cooked. It could flop 30%, tout de suite. My portfolio is not geared for bad news. However, I’m ready to take a fresh look at growth vs. value as a major play. Go-against-the-grain stocks, mainly growthies like Goldman Sachs, already have shown it remembers how to dance. 

Gimme half-dozen growthies still destined for crowd pleasers.  Or, is there no new leadership in the wings? I’m looking for stocks not-so-obvious. Earnings aren’t in the take off stage so nobody really cares. But, consider reversal-of-trend paper. I’m thinking of say home construction before it turns around or there’s a rationale for stronger energy quotes. 

Is Berkshire ready for its upside sprint? Why not? It has already proved it knows how to stand alone and shine.

Biggest danger is pulling on the trigger too many times. The ideal spec is a broad based stock like Apple. Potential recovery in earnings power for prosaic sectors like home building can carry low valuation, for years, then explode.  

Some old reliables may be ready now. I’m thinking of Citigroup, New York Times and General Electric.