Monday, April 14, 2014

Stock 2

I bought two more stocks Cummins and PepsiCo. Cummins (CMI) is a cooperation that designs, manufactures, and distributes filtration, and power generation products. PepsiCo (PEP) is a beverage and food company. I bought 10 shares of cummins at 143.48$ totaling 1,436.80$. I bought 15 shares of PepsiCo at 83.57$ adding up to 1,252.05$. Each of these companies have had a steady increase for as long as they have been recorded. One of CMI competitors is Navistar. Even though Navistar has a much lower price it has decreased by over 4,260$. Cummins keeps on increasing. The same as one of PepsiCo's competitors, Mondelez is cheap but it has decreased since it started. I think the price of CMI will keep rising during the summer when people want powerful generators to cool their vehicles and homes. People will also want an cold a drink during the hot summer days, so the catalysts for PepsiCo and Cummins has yet to come this year. 

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