Time to buy? - WALB.com, South Georgia News, Weather, Sports

Time to buy?

March 26, 2003

Albany-- South Georgians are hoping the war successes will help their stock investment porfolios as well.

Stockbroker Vic Sullivan of A. G. Edwards and Son says more investors are asking how to make money in war time.

Last week, as the war started, The Dow Jones enjoyed it's largest one week gain in over 20 years. "This is November to March, but look at the last week," said Sullivan. "Even with pullback we've had in the last couple of days. This is what we're talking about with the market worries about everything before the war. But once it finally gets going and you know what the circumstances are, the market has a relief rally, and there it is right there."

Sullivan says there are some companies that will benefit from the replenishing of the military supplies, and could see their stock prices increase.

Also companies that profit from the future rebuilding of Iraq after the war could be smart investment choices now.

posted at by dave.miller@walb.com

Powered by Frankly