This week I invested in Nintendo (NTDOY). Nintendo’s 52 week range is 17.70 – 38.60. Yesterday Nintendo closed at the lower end of its 52 week range with a 17.85. I believe now would be the best time to invest in Nintendo because it has a lot of room for growth and I predict it will increase to 20.00 – 22.00 a share in the next two weeks. Nintendo specializes in gaming systems, namely the Wii which is very popular among children, families and even older adults. Nintendo’s competitors include Sony and Microsoft. I think Nintendo is a stronger investment than either of these companies because they are continually coming out with new games and are also creating an innovative gaming system called the Wii U which is projected to release in 2012.
I also invested in Caterpillar Inc. Right now their stocks are at their lowest point at 75.08 a share, but last year at this time they were about at the same point. The 52 week range for Caterpillar Inc. is 75.60-116.55. I am estimating Caterpillar’s stocks will increase gradually because they are in the farm and construction machinery industry and that industry is very limited by the weather. Now would be the best time to invest because I think I will see an increase in sales as companies update their old machinery in preparation for the new spring and summer season. Caterpillar’s competitors include CNH Global and Deere and company. I believe that Caterpillar is a stronger company because they specialize in both farm and construction machinery, making them a more diverse company.
Very good start and good information. Your information is very detailed but I would suggest adding more information about what you found out about the companies when you researched the stocks.
ReplyDeletevery good information. you could give some more information on what the other comperitors do.
ReplyDeleteOne thing I noticed was that you gave very good information on why you thought the Caterpillar stock would increase, but you didn't give an exact prediction. The only other thing was that you could be more detailed about what the competitors do. Nice job:)
ReplyDeleteI like how you have a lot of information on how much the stocks cost and your predictions, i suggest adding more on your research about why you think the stock is good
ReplyDelete