Question
You are a potential investor in your classmate's recommended stock. Find a classmate's initial post that has not yet been replied to by a fellow
You are a potential investor in your classmate's recommended stock. Find a classmate's initial post that has not yet been replied to by a fellow classmate. In a summary paragraph, discuss the stock that your classmate has presented as an investment option by answering the following questions:
- Were you familiar with the company?
- Did the current stock price or past year stock price trend surprise you in any way?
- What might you predict about the future trends for this company?
- Are you encouraged to invest in your classmate's recommendation?
Minimum requirement for the post:
- Summary paragraph
POST:
We specialize in hot stock picks for wealthy investors such as yourself. We don't have the best track record, but we'll eventually get one right. I've got some insider information on this next pick, so you'll want to jump on board as soon as possible.
Dollar Tree, Inc., is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of 24 distribution centers. (Google Finance, n.d.)
My inside source has told me that Dollar Tree actually operates 348,965 stores in the USA alone and most are running with zero employees. This stock is going to take off once this information becomes common knowledge as the future is now with this operating model.
The opening price on 2/20/2023 was $146.85 and closed at $148.04. The low for the last year was $127.88 with the high being $178.04.
With the economy headed down the drain, the Dollar Tree is seen as a recession proof company. (Ebiefung, 2022) Don't you want to own a part of the only company in the USA that spreads faster than the latest variant? I highly recommend this stock and stake my company's reputation on it.
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