Sunday, April 24, 2011
Spring Break.... Sony
STOCK QUOTES: Google Finance
Range: 30.50-30.63
52 Week: 25.85-36.97
A year ago @ April 22, 35.70
News Headlines:
-Why Omnivision's Sensors Will Be in the iPhone 5 - Not Sony's
-Sony chairman credited with developing CDs dies
-[$$] Former Sony Chairman Dies
Projections for this Stock:
-I would not buy Sony stock for many reasons. First off it is trading very close to its 52 week high. Looking at the history of this stock, it seems to be too steady. There is not enough growth to gain any profit from the stock. Just about to two days ago Sony's chairman; and CD creator died suddenly from multiple organ failure. Nothing new has been rumored to come out from the company anytime soon, making a lot of consumer's wonder, has Sony has lost its spark of being the first and best with new electronic gadgets.
-DeSean Mullings
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