According to my stock research, the best stock to buy today is Mesabi Trust (NYSE: MSB). It broke out on Friday. It was up 2.36% in price and on volume 70.83% higher than average. It's this kind of breakout that shows it's potentially being bought by the "big money". It's also sporting an IBD Composite rating of 99, EPS rating of 85, RS rating of 99, SMR rating and Group RS rating of A and Accumulation and Distribution Rating of B+. Fundamentally, company earnings per share were up 4100% in the last quarter. This kind of growth in earnings is what you want to see in a growth stock.
The best stock to buy today might be Mesabi Trust in the Mining Industry"
Just because it's one of the best stocks to buy today doesn't necessarily mean that it will go up in value. Always make sure that you first do your own due diligence and cut any losses at 8% of your purchase price.
There weren't many stocks to like today, but of the ones I focused on, this was the one I liked the best.
Especially, since I get emails that keep touting the best penny stocks to buy today, I know that this stock probably will garner more institutional support.
There are some negatives though. It might be slightly extended in price. When that's the case, it's easy to get stopped out of your positions.
As you get more proficient in chart reading, you'll discover that you will learn to fine tune your entry and exit points.
Make sure that you at least put this stock on your watch list for further review. Whether it's one of the stocks to buy today from your point of view, you'll have to see how it stacks up to your stock market investing criteria. For more information on how I choose stocks, check out my series called "Buying Stocks - A Case Study"
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