Stock Assignmet #2

Libby S, Kayla A, Takia G. & Raliek G.
Economics homework  b-band
April 23, 2015

              Our group has purchased 5 stocks so far this week. We have bought 3 apparel stocks. The stock price for Urban Outfitters over three years has been between 41.70 - 42.65. Recently there has been an increase in stock purchase between  November 2014 and March 2015. We believe that the trend in clothing bought and wore by this generation of teenagers have contributed to the rise for URBN. We predict to see the price staying steady at 42 due to summer apparel that sure to bring in income to the company as well as more investors.
               The second apparel stock we purchased was Guess?, which is currently priced at 18.45. Stock price in this case has decreased within the past three years but has recently seen a significant recovery in March 2015. We see a higher demand of Guess brand clothing during spring/summer seasons when shown a 3 month graph of the Guess stock. We see price increasing due to this trend.
             Our third apparel stock purchased was American Eagle Outfitters priced at 17.10. The price has increased over the past 2 years by $6. We predict that AEO will keep increasing this year and help us gain equity even if it is our lowest priced stock.
            Our other 2 stocks are the highest priced stocks we have chosen; Sony at 30.72 and T-Mobile at 34.44. Both of these companies are worth millions of dollars and millions of customers. This is why we believe that the value of stock will increase in the upcoming years. However, we are aware that the competition between Sony and Apple products can result in a decease in stock price, this is also true between -Mobile and other companies such as Verizon and AT&T. Overall, prices in stocks we have chosen have shown to be increasing, contributing to our net equity gain.