Sprouts Farmers Markets Essay

The first corporation i am examining is Sprouts Farmers Markets.Sprouts Farmers Markets is involved in organic food/farming. They are the parent company for many organic food stores, such as Whole Foods or Trader Joe’s. Sprouts has recently been in the news. At the Sprouts Farmers Markets headquarters there was a financial data leak that affected thousands of customers and employees. In summer, more people tend to look for fresh fruits and vegetables. Also people tend to want to eat healthier. We purchased the stock at $28.16. Sprout Farmers Markets offer common stock. Sprout had a good stock price and was projected to increase. Soon after we bought the stock, a news story was released and stock plummeted and still has yet to reach the level it was at before we purchased the stock. We have not sold off any shares because the market price has not risen above the price we purchased it at. At this point, no. The stock price keeps continuing to fall. This stock maybe a better investment in a few months, after
This stock operates in consumer goods. This company is the owner of Sirius XM satellite radio. Sirius XM Holdings has recently been in the news. It was recently announced that they will take over the Sirius XM Canada corporation. This stock was interesting to us because the price was so low. Usually large companies or companies that are easily recognizable are priced much higher than this stock was. We purchased this stock at the price of $3.94. This corporation offers common stocks. We bought a large number (100) of stocks because the price of this stock was very low. We did not sell any of the stocks because the price fluctuated often. When we would be about to sell some shares, the price would suddenly drop. This corporation is a tricky investment. You have to constantly be watching the price for when it is on a rise in order to sell it and make a profit. I would not recommend it for a first-time