Thursday, March 8, 2012

Fiat

Fiat is a major car company in Europe, but the stock for Fiat is very low.  The 52 week range for Fiat is between 3.28- 7.80 Euro which is equivalent to about 5.03- 10.34 dollars.  The stock is currently at 4.67 Euro which is around $6.17.  The stocks in Europe are not doing so well so I predict Fiat to go down more than it is going to go up.  They are also not coming out with anything new for a while since they just released a new car, the Fiat 500.  I do not think it will drop much maybe 1 or 2 more percent.  This risk relates to us because if we could buy the stock we would wait till it is at its lowest this way we can make the maximum profit when we sell the stock.  This relates to other companies that we can buy because if we wait for the stocks to be low enough we can purchase them at a very good price and then sell them after they increase so we can make a maximum profit.




- Alex

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