Day trading of stocks

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
Total Cost
Gain
Transaction Costs
Total Costs

Amazon.com, Inc.
AMZN
$1,126.31
$1,123.08
100
$112,308.00
$ 323.00
$280.77
$112,588.77

The Brink\\'s Company
BCO
$80.15
$78.20
700
$54,740.00
$ 1,365.00
$136.85
$54,876.85

Broadridge Financial Solutions, Inc.
BR
$89.82
$89.10
600
$53,460.00
$ 432.00
$133.65
$53,593.65

The three stocks were selected because they show a potential of growing and increasing in share value in the forthcoming period. 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 company acquired Whole Foods. Despite the fact that this transaction caused a slight pulling back on the company’s shares, there is the increased opportunity of increased income and returns from the acquisition. In addition, the company also released Amazon Home Deliver and the company’s growth continues to be highly prospective. More so, from November last year up until now, the shares have grown from $840 to $1,100 and there is the expectation of further growth. Therefore, the stock is a good share to buy.
In conclusion, my recommendation for other day traders and investors is to conduct an analysis of the short-term financial position, operations and status of the company to be invested on. These aspects have a significant impact on the share value of the company. I would suggest to other investors to enter in the day trading market. However, this would largely be forwarded to individuals that are risk takers. The main reason for this is because the shares are short-term investments and not long-term investments. The share values are volatile and therefore can significantly increase or decrease. As a result, if an investor is risk averse, it is quite difficult to easily conduct daily trading as the values constantly go up and down.



References
Johnston, K. (2017). Top 3 Growth Stocks for 2017. Investopedia. Retrieved from: https://www.investopedia.com/investing/top-growth-stocks/
Yahoo Finance. (2017). Amazon.com, Inc. Retrieved from: https://finance.yahoo.com/quote/AMZN/
Yahoo Finance. (2017). The Brink’s Company. Retrieved from: https://finance.yahoo.com/quote/BCO/
Yahoo Finance. (2017). Broadridge Financial Solutions, Inc. Retrieved from: https://finance.yahoo.com/quote/BR/