We're fake investing in 10 companies. There are about 10 groups of two, and who ever comes up with the most money by the end of the marking period wins. Any suggestions to what companies would be doing really good soon? i was thinking FedEx? or some other companies that will thrieve in the upcoming holiday season...
2007-11-14 01:19:52 · 8 answers · asked by gnagey738 1 in Business & Finance ➔ Investing
There are two philosophies here... play it safe and invest in solid companies or go out on the limb and invest on more volatile companies where you can make more or lose.
What is short term?
Since it's fake money, I'd gamble on the the more volatile stocks. Maybe companies like Activision and Electronic Arts?
Or even delve into low priced stocks with high volume...
Also, look into technical analysis versus fundemental analysis.
2007-11-14 01:29:07 · answer #1 · answered by Dave C 7 · 0⤊ 0⤋
2 reasons you shouldn't think of this like as you would a normal investment:
1) Since this is a short-term project, it's tough to predict anything.
2) Since the goal is to finish first (as opposed to just making money), you should invest in the riskiest things you can find; the companies with the highest chance for a quick gain that you would probably never invest in in real life.
I don't have any specific companies to suggest, but I would look for tiny companies, maybe something in China...
2007-11-14 02:40:12 · answer #2 · answered by talos3800 1 · 0⤊ 0⤋
Drug companies are always a good idea, they like other companies are more stable when it comes to market flux. Consider this, if you are on high blood pressure meds you don't stop taking them if the economy is on a down slope, but your other buying habits will change. Ecolab stock is a pretty good bet too, they make cleaning products for restaurants and have taken well to the global economy.
2007-11-14 01:29:03 · answer #3 · answered by L H 4 · 0⤊ 0⤋
I would think of companies that might make profits because of the holidays like you said FedEx, UPS and other shipping or package companies like Mail Box Plus. I would guess big stores like Macy's, ConAgra-they make foods, Hormel, Butterball, maybe Dell and maybe a company that ships gifts and foods like Swiss Colony. I think when I was in school (many years ago) we picked Coke and Pepsi and they did well.
2007-11-14 01:36:58 · answer #4 · answered by DragonLady2000 5 · 0⤊ 0⤋
Hi - this is a great exercise to help you understand the market.
I am happy to see that they are doing that in HS.
Answer to your question is found within you - look around and see what is "hot" and "happening" in your school / life / friends. Then buy those companies stocks.
No one is going to give you the ten winners.
You are going to have to use your own sense of what products are being used, and then ask yourself, "would I want to own the company making / serving them?"
2007-11-14 02:40:25 · answer #5 · answered by JOEGIN149 1 · 0⤊ 0⤋
short term and just for fun - I'd seriously look at Apple (Christmas time buys) and I'd look at some financial stocks like WM or C ( they both pay dividends, which help your bottom line, and they are down right now).
2007-11-14 04:17:13 · answer #6 · answered by voluntarheel 5 · 0⤊ 0⤋
(VMW) (GOOG) (DRYS) (CHL) dont do fed ex
(GME)
these will help you win i promise
look at starbucks-not a good buy.
2007-11-14 04:54:58 · answer #7 · answered by Anonymous · 0⤊ 0⤋
walmart, apple, dell, exxon-mobile, those are big
2007-11-14 01:27:35 · answer #8 · answered by Jules 5 · 0⤊ 0⤋