Some stock picks for the LONG TERM

Ok guys and gals, here are a couple picks for the LONG TERM. These would be perfect for the long term. Check what I say out, do your own research, watch the stock, and then make a decision about when or if you want to get in.

First, I love AIG at the current levels. Here's why: AIG is the world's largest insurance company and has a diversified financial service business, which includes casualty and life, asset management, and retirement services. They also have a brokerage and are a multinational company. The stock is currently around $37/share. Last June, it was at $73. To say the least, it has been killed. It also has a dividend yield of 2.2%. The current $37/share is a 10 year low. YES, you heard me right. A 10 YEAR LOW. It may go a little lower but if you get in now, you will have big gains in the long term. (I keep saying long term b/c it is important to give these huge companies that are undervalued now, time to come back and get a couple solid earnings years so that the stock bounces back to previous levels.) Here is the chart. The far left is 1998 and the far right is the present.

I also love the stock AMX, America Movil. This company is providing wireless communications services in Latin America. It has subsidiaries and equity investments in affiliated companies in the telecommunications sector in Mexico, Dominican Republic, Bermuda, Brazil, Guatemala, Nicaragua, El Salvador, Colombia, Ecuador, Argentina, Honduras, Uruguay, Chile, Paraguay, Peru, Spain and the United States. Theyhave license to construct, install, operate, and manage public and private networks and provide telecommunications services for fixed line and mobile phones in all of the mentioned countries. They are not at a low of any kind but have been relatively flat since March of '07. This stock has a ton of room for growth and since it is a preeminent telecom player in an emerging market (Latin America) I would hypothesize that it will grow and grow fast. The current price is $57/share and the 52 week high is $69/share; this proves that it is 20% off it's all time high and has a great upside. the dividend yield is almost 4%!! Here is teh 5 year chart.

So, take a look and see what you like.

Disclaimer: This is not a recommendation for everyone and the views and opinions that the author of this blog expresses are solely his and not intended to be for everyone. They are intended to be a starting point for the reader's further research. There are no guarantees in investing. I am simply trying to present an idea that I think has a positive outlook for the future.