Wednesday, November 30, 2011

Journal 9

This week i bought 160 shares of Fedex stocks for $78.58. Surprisingly, retailers are not doing well in fact, not one of the retail stocks i hold is doing better than a total gain of $109.75 so i have decided to stay away from retail stocks this month and go to the next best thing one can invest in this close to christmas and that is an extremely widely used shipping company. FDX is a midcap company that is about in the middle of its 52 week range which is 64.07-98.66. i am aiming for it to hit about $88 and as soon at it gets to that point i will have made a substantial amount of money that will hopefully make up for the huge loss that Amazon has yielded me.

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