Friday, September 23, 2011

Week One Transactions and Predictions:

One of my transactions that I made this week is investing stocks in Apple. I bought this stock because of all the new releases of the new electronics and versions that they are releasing soon. I also chose to buy this stock instead of its compeitors of Google. Granted Google's stocks are a higher price right now, but in the long run Apple is not competing with anyone with The IPad that they have. When they release the new IPad version and the new IPhone 5 they will again have no compeitors. Apple is king of electronics in my opinion, because no one else at this point is offering similiar products to what they have. I predict that this stock in a year will roughly go up about $100. This is related to releases of new electronics. Within the months until Christmas, I predict that Apple stocks will go up about $30 or $40. I feel this will happen because with the Christmas season approaching Apple has a demand to make and release more of their products. This will in turn raise the amount of money that the stock holders will be making.

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