Automotive BMW

BMW is 68.80 euros; the 52 week high is 73.84 and the 52 week low is 43.56 euros. With the recovery of the United States economy and the sharp sales in BMW's for some reason which rose revenues by 14% in 2011. Therefore, I assume the company should be doing relatively well this year. Right now the stock is close to it's 52 week high and is going up, so I believe it will go down soon. We wouldn't buy this now, but would buy it when it's closer to its's low.

By: Denis Shor