This week I plan on buying shares for the company called, Goodrich. First, I will look at the 52-week range to give me an idea if this company is worth investing in. The 52-week range is $71.45-$122.33. On Investopedia, Goodrich cost $121.09 for 100 shares. Just by looking on where the price is set at, I am considering deeply in looking at other companies. I’ll start off by looking at Goodrich’s competition. The competitions include, Boeing Co., Honeywell International Inc., Lockheed Martin Corporation, and General Dynamics Inc. Those competitions are all ahead of Goodrich. Boeing Co. cost only $61.92. The 52-week range is $56.01-$80.65.If I were to decide between the two companies, I would rather choose Boeing just because of the price difference and because of its setting on the 52-week range. Overall, I have decided to not invest in either of these companies. I looked at the business summary of the Boeing Company and nothing stood out to me as an encouragement to invest. I’m going to keep watch on Goodrich mainly because after reading the business summary, it seems like a company that could improve. It is involved with a lot of aircraft which is a major way for transportation in the world. I will invest in Goodrich when it reduces to $90.00-$100.00. I think the Boeing Company will increase from $62.37 to $65.00 just because they’re doing the best and more people will invest.
I really really really really REALLY liked how you did soooooo much research before deciding what to do. This will help others out a lot when trying to figure out if they want to buy this stock or not. I liked the information you used from the competitors but i feel like you just just listed the 52 week information instead of expanding on it and using it for good information.
ReplyDeleteI like how you did all your research but you can be a little more upfront about it with fast facts brah!<3
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