After doing a bit of thinking for my stock picks, I realized one important thing... it's summer time. That being said, some of the biggest stock rises you'll see are probably going to be in specific areas including:
- Travel
- Theme-park associations
- Condiment suppliers
- Summer-only crops
- Soft drinks
- Cooling appliances
- Swim wear
I understand there are more variables to account for, but those are major factors. Based on that, I choose these specific stocks for certain reasons. AB
Electrolux was chosen because of the possibility of increased sales in refrigerators and ice-makers. It's understandable that people don't buy these kinds of appliances every day, but if there was a season in which sales increased, it would be during the summer. Therefore heightened stock prices are predictable. Also, memorial day is coming up soon and therefore condiments are going to be used in excess, which is why I'm choosing Heinz. Finally, the kids are out of school, and one company that deals on prime location parks is Cedar Fair. I am posting this on 5/16/09 at 7:45 PM:
AB
Electrolux (
ELUXY) $23.17 - $800
H. J. Heinz Company (
HNZ) $35.14 - $1,000
Cedar Fair, L.P. (FUN) $11.62 - $1,200
_______________________
$ 3,000
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