I bought Hershey's stock as a trade. Mr. Kapptie talked about it and got me interested. What I found is that Hershey's doesn't just go up at Halloween. It's stock prices curve around the end of the year going up in October and down in December. I bought stock on Friday the 25th of October. I will sell the Monday after Thanksgiving. The catalysts for this stock are Halloween, Thanksgiving, and Black Friday. Based on spikes around this time in previous years, my goal is to make five dollars per stock. I have bought ten so far, so I will make fifty dollars. With commission I will end up only making about ten dollars, so I am hoping the price will go down in the beginning of my trade, and I can buy more stock.
I bought Arlington Asset Investment stock as an investment. It has a quarterly dividend of $0.875, which adds to a total yearly dividend of 14.10%. In this stocks history there have been spikes and drops, but in general they have been going up until mid 2011 when, in general, they evened out. In January 2013, though stocks went up and and have evened out a little there. If I were able to keep this stock for more of a long term investment my goal would be $31. Because this investment is limited due to class length, my goal for this stock is for it to get to $26.50.
https://www.google.com/finance?q=NYSE:HSY
http://finance.yahoo.com/q/bc?s=AI+Interactive
http://www.arlingtonasset.com/index.php?s=126
Very well spoken. I believe your goal for Hershey's is a little low however, I would expect to see more of a rise then that.
ReplyDeleteI think Hersey is a great trade especially because Halloween is coming up!
ReplyDeleteGreat details I agree that Hershey's sales will go up because of Halloween
ReplyDeleteI like how you explained each stock clearly, very well done.
ReplyDeleteYou gave a very intelligent sounding answer. I can tell you understand everything due to all of your research and reasonings for purchasing shares of each stock. Good job(:
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