This week I invested in Halliburton (HAL). I invested in this because, it is an oil company. Oil companies make lots of money, being that oil is a natural resource that is used by millions of people. The 52 week high price for HAL was $47.22. and the low price was $21.10. I bought these stocks at $45.55 and they are now selling at $47.66. The charts that investopedia and yahoo finance show that HAL is gradually increasing in price. Right now the charts are rocketing upwards. I have made $527.50 off of this stock so far. I have confidence that i will continue to make money off of this stock.
This week I also invested Randgold Resources (GOLD). I invested in gold because i know with the recession gold is very valuable right now. I have made $1,060 so far off of this stock and it's 52-week chart is gradually decreasing. I feel like even with the decrease GOLD was a good investment.
dont forget about making a prediction. Your choices are good and justification is a solid beginning.
ReplyDeletegood job manggg
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