I choose to trade 200 Hershey’s stock. Each stock was worth $58.74. I’m estimating by the end of October after Halloween it’ll be worth $70.00. I bought it because Halloween is coming up and they hand out so much candy. Its main competitor is Kraft foods, but I decided to go with Hershey’s because it stocks spiked more at the end of October than the other competitors.
I invested this week in 134 shares for $63.85 Schlumberger that specializes in extracting minerals and oil trading. I decided to invest in it because my brother just got hired there with many other employers and I thought if they just invested in more employees they must be making money or getting ready to make a large profit. Their leading competitor Baker Hughes but they were down 2.16 while Schlumberger is down 1.29. It will be worth $61.00 by the end of this weekend because not that many people need to travel since it’s not a holiday.
hey brah. So I think this is a wonderful start. You didn't mention anything about the 52-week range though. You might want to include that. I agree with the Halloween thing, good idea. Maybe include more vocab.
ReplyDeleteP.S. Baker Hughes? Yeah. That's my grandpappy.
I liked your reason for buying into this stock. You used a catalyst to describe why you think the price will go up which is using good vocab to help better understand why. I also liked the information you posted about Hershey's competitors. I also thought it was good how you predicted how much you thought the price would go up by.
ReplyDeleteI really like how you explained why you bought the stocks that you did. I would advice that you include the 52 week information in it so that people can see how good the stock is doing or how bad it is doing.
ReplyDelete