I sold 313 shares of Microsoft Corp. at $60.53. In the years coming the revenue for microsoft is looking to continue to increase. But in the sense of this game, it no longer made sense to be holding the stock. In the next quarter analysts are predicting that the stocks prices will waver moving forward into 2017. But once 2017 hits the overall growth of the company will be greater than they have ever seen. Currently, the least successful aspect of the company is the personal computing sector, accounting for 45% of the company. The numbers in this sector are what is effecting their overall gain in each quarter. As the year coming they are predicting that the personal computing will become more successful, thus bring the rest of the company with it to new heights.
I bought 363 shares of Colgate Palmolive Co. on October 27th when it was at $70.63. The stock had a 3.5% drop in the third quarter from the previous year. The stock was on a fairly steady climb, so when I saw that it has dropped a greater amount I took the risk in investing, while assuming that the drop would be over and the increase would continue. Analysts are assuming that there will be a drop in the sale by the end of the fourth quarter, but that before this occurs there will be a increase. The stock has now moved up to $71.26.
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