Thursday, April 3, 2014

Stock Journal

         I have 40 shares of Wells Fargo stock, WFC. I bought it yesterday at $49.65. Today it is up to $49.93. WFC stock has been continually going up since 2011. My dad, who is the president of the Powell branch of Big Horn Federal and a stock specialist, told me that WFC is going to either keep going up by how it has been doing, or it will split. He thinks that it may split soon because they have not had a split since 2006, and their stock is high right now so they are likely to split soon. WFC also decided recently that they are going to raise their dividend 16% in the next quarter. I expect WFC to hit $53.00 by the end of semester.
        I also bought YUM! Brands stock. YUM is a growing company in competition with Starbucks and Dunkin' Brands Inc. It's current stock price is $76.31. I bought 15 shares of it at $76.69. By the pattern from the chart on its prices it should be going up. I expect it to hit $79.00  by the end of the semester. 

1 comment:

  1. I feel like YUM! Brand is a little sketchy, however, I don't think it is my place to judge, being as you probably know more about it than you have said. Overall it sounds like you have made wise and worthy investments. You should make your money back in no time.

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