Investing in stocks is always a huge gamble. The stock market can crash at any second. At one moment it is doing really well and the next it’s not.
Making blind trades is not always the way to go when investing in stocks. It is important to do research and keep up with how the stock market is doing. Using all the tools that google has to offer is very helpful in researching stocks. I was part of an online simulation stock competition where I had to invest in stocks and options. I used Google Alerts to find out new information about different stocks to invest in.
When bigs things happen to a company it’s important to know before deciding if you want to invest in the stock or not. Apple has had many ups and downs throughout the year. After the release of the iPhone 7, Apple fell 2.67%. Normally shares of Apple fall the day of the launch. However, with the the launch of the iPhone 7 the stock rose and plopped the day after the big launch.
Twitter is also a very useful way to keep up with stocks. It is a great way to keep up with trends and to know what is going on in the world.
According to the Tweet made by Stanislav Drastich, Apple is predicted to be a very good stock to invest in.
When investing in a stock it is important to have a grasp on what the company is and does. For example, I would invest in stocks such as Apple, McDonalds, and Starbucks given that they are predicted to do well in the future or have a had a decent trend in the past. It really is important to look at how the stock has done in the past. The past is often a great indicator on how it will be in the future.
There are seven stocks in particular that should not be on anyones list to buy. Sprit Corp. is high up on the list of stocks not to buy in 2017. It produced great earnings in 2016, however Sprint is still extremely indebted and unprofitable.
From my three month competition I have found that Google was the most helpful tool in researching stocks. Google trends would show me the interest over time for specific stocks in various countries. Without the research I did i would have done significantly worse in my competition.