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August 08, 2011 at 03:00 AM EDT
Stocks to Buy Following our Credit Downgrade (WMT, S, NTDOY, MCD, DNKN)
(EMAILWIRE.COM, August 08, 2011 ) Minneapolis, MN -- Before you take your money and hide it under your mattress like it's the Great Depression, Penny Stock Fever may just have the cure for your blues.
Here's a few stocks that could fare ok during this current dip.
Wal-Mart (WMT) Discount retailers like Wal-Mart will likely do ok. With consumer spending down, discount stores become a more attractive option.
Sprint Nextel (S) Sprint is currently near a 52-week low. However, consumers just can't seem to get enough of the latest gadgets despite our economic woes.
Nintendo (NTDOY) Nintendo is also near a year low. But guess what? The holidays are fast approaching and Nintendo has plans to release a new game system. Gamers rejoice!
McDonalds (MCD) Even during tough times people need to eat. And at Mickey D's you can eat cheap which is always a good thing.
Dunkin Donuts (DNKN) Dunkin Donuts recently came out with its IPO. The timing could not have been worse, though. But this is a growing franchise that includes the very popular Baskin-Robbins restaurants.
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