Introduction
To generate returns within the day-trading of stocks, it is imperative to find stocks that will, in a short span, appreciate and increase in value. This encompasses making a sophisticated approximation about demand for the firm’s products or services as well as making certain that the stock chart is indicative of an upward trend or a rebound (Johnston, 2017). In this regard, the three main stocks that were selected for trading include Amazon, Broadridge Financial Solutions, Inc., and the Brink’s Company. The following is a portfolio indicating the shares that have been selected and purchased and the total number of shares purchased as well as the total cost incurred in this transaction.
Stock
Symbol
Cost/Share
Purchase Price
Number of Shares
Total Cost
Gain
Transaction Costs
Total Costs
Proctor & Gamble Company
PG
$ 87.58
$ 86.95
1,600
$ 139,120.00
$ 1,008.00
$ 347.80
$ 139,467.80
Wells Fargo & Company
WFC
$ 54.26
$ 53.50
1,700
$ 90,950.00
$ 1,292.00
$ 227.38
$ 91,177.38
China Life Insurance
LFC
$ 17.41
$ 17.24
7,000
$ 120,680.00
$ 1,190.00
$ 301.70
$ 120,981.70
$ 351,626.88
Stock
Symbol
Cost/Share
Purchase Price
Number of Shares
In the case of Broadridge Financial Solutions, the company’s share has been in an upward trend from the last quarter of the 2016 financial year. This is indicative of the steady financial performance and is a healthy indication. Bearing in mind that the firm has made recent acquisitions, there is the potential of increased growth. Secondly, the Brink’s Company in the past two financial quarters of the financial ears has experienced a recovery and bounce in the revenues generated. The company has been experiencing an increase in demand, which shows a purchasing prospect for investors that perceive an upward trend for the stock. Lastly, Amazon.com is one of the top performing companies in the 2017 financial year. In the contemporary, the firm continues to increase its position and stature in the retail industry. In recent months, the…
