Toyota
Toyota's reputation lately has changed drastically when millions of their vehicles were recalled for brake and gas petal problems. This recall greatly effected people's trust in Toyota and has effected its stocks. The stock now is currently worth $76.99 a share and for now it is up .34%. Over the last 3 months according to the charts from Yahoo finance, Toyota's stocks have been going down over a three month period. I think the stock will eventually return back to where it was maybe in a year or two when Toyota handles all the recalls and there reputation gets back to where it was before the recall. Many Americans trusted Toyota for years for safe and reliable cars. If my team purchased the Toyota stocks we can be at risk for losing money and I do not think we will risk purchasing this stock because of the direction it is going.
Mallorie Kaufman
Porsche
Porsche Automobile Holding Preferred Shares has had its yearly high of 90.50, yearly low of 46.95 and its previous closing was at 57.00. Their total shares sold is 175.00 Million, and my family is a consumer of this product, which is why I chose it. In recent headline news of the Porsche, sales of their models such as 911, Cayman, and Boxter, the more expensive models, declined significantly from the previous year. More affordable models such as the Cayenne, which my mother happens to have as well, have risen in sales to almost 200 more cars from the previous year. Despite the unusual weather patterns of February 2010, there has been a slight increase in Porsche sales especially in the Northeast, which is one of Porsche’s top sales markets. So far, in 2010, sales have risen 4%. Based on recent headlines and the stock patterns of the 2010 year for Porsche sales, I predict that the stock will go up in value. Since the stock is a generally good price of 57.00, it hasn't reached his high yet and will only increase in value. Currently, the stocks value is going up. This purchase hopefully will help our team make a relatively large amount of money, more than we put into buying the stock. Its seems to keep rising in value and it also seems to be at a stable slope upwards. Hopefully this purchase will make our team a lot f money.
Irina Poltorak
Daimler AG
The highest closing of the year for Daimler was 55.28 and the lowest closing of the year was 28.45. Recent developments from Daimler is that their truck market has most likely bottomed out. In 2009, their trucks dropped 49% or 259,328 vechles and it is said that 2010 would be a challenging year. Based on a recent 10 day chart, i think the prices of this stock will go up. It keeps drastically increasing.
Zoya Simhayev
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