Firstly, I acquired Best Buy (BBY), I bought 4 shares at the price of $37.19 for the total of $148.76 and I made a profit of $0.24. The reason why I decided to invest in this company is because their lately earnings raised since 2012. Furthermore, they removed $1.02 billion in annualized costs and they are planning to reduce another $400 million in costs over the next three years. At the same time, their balance sheet has fortified during the last few years. At the end of January they had $3.9 billion in cash and investments and $1.6 billion in debt. Opposed to the end of 2011, when they had $1.2 billion in cash and $2.2 billion in debt. As a result, I was highly convinced about their future performance. Secondly, I bought 2 shares of Tractor Supply Company (TSCO), at the price of $88.06 for the total of $176.12 and I made a profit of $2.28.This is a company that operates rural lifestyle retail stores in the United States. …show more content…
Overall, it has shown a continuously pattern of positive earnings per share growth in the last 2 years and it is expected to continue growing. Thirdly, I bought 3 shares of Wabtec (WAB) at the price of $95.05 for the total of $285.15 and I had a loss of $6.57.One thing that got my attention is that their debt is currently below of the industry average. Also, revenues rose by 15.9% since last year; as a result the earnings per share improved by 14.3%. The next company I invested in was Nike