Apple, Microsoft, and DraftKings: Stocks to look at in the next few weeks.

I had a blog post that was about Robinhood, it was a generalized walk through on how to use Robinhood. This post will talk about some news that came out about some of the top stocks and what I’d invest in if I had some disposable income.

Four Shares for the Price of One!

Apple Announced last week that they were planning on doing a 4 to 1 stock split. This means that if you own 1 share of the stock before APRIL 21st then you’ll have 4 shares after they do the split. The price will also go down to a quarter of the price of what it was the day before. Basically it’ll have the same value after the split initially but what Apple is speculating is that the new lower price will make it seem more invited to younger investors that don’t have a lot money to invest. Splitting isn’t a really popular move as many companies don’t do this that much now because so many websites allow the purchase of fractional shares but many people still like to purchase full shares.

If you look at the above image you can see how much the stock as jumped in the past few days already after the announcement. Apple just continues to perform well so it is a great stock to keep in your portfolio, it even pays out $3.28 a year in dividends… currently. I’m interested to see how this will change after the split. They may keep it the same because they are paying a pretty low dividend anyway. Are you going to buy some AAPL?

Microsoft and Tiktok

If you didn’t hear the news, Microsoft might buy the popular app Tiktok. I think that this is going to be interesting for both companies and I’ll break it down for you. Microsoft is already a great stock to have in your portfolio but I feel like it will continue to rise. Check out the image below.

Since Trump is trying to ban Tiktok because he claims the Chinese use it to spy on people and people used the app to reserve seats to one of his rallies and none of the people showed up, Microsoft mentioned that they could buy Tiktok to make sure it isn’t being used for spying. If they do end up buying Tiktok it could benefit both companies. Tiktok is already on a lot of peoples phones, they have millions of daily users and if found a way to monetize it and show their ads through Tiktok. Another thing is Microsoft used to have a Twitch competitor called Mixer. It didn’t take off like they planned but they could use Tiktok as a game streaming service. This is just speculative of course but while the app is already on everyone’s phone they’ll be able to increase their presence on peoples devices. The news of Tiktok cause a spike in their stock and it hasn’t even been confirmed yet so you better get it while its hot! Are you going to buy some MSFT?

DraftKings: Bet on the market, not on the games

If you’re not familiar with Fan Duel, they are a company that allow people to bet on their fantasy sports team. I haven’t ever used Fan Duel myself but it is wildly popular and this year they went public.

The chart above doesn’t make the stock look that great but football season is coming up and that is when they really get going. Fantasy football is their most popular sport for people to play with and I feel like when that happens we’ll see it start to increase again. If the image above doesn’t interest you check this one out.

They had an IPO this past year and their stock started out at $10 and you can see that they have grown 300%. This stock is the most risky of the 3 that I am mentioning but I feel like it may have a greater short term growth potential. Also it’s cheaper so you can afford a whole share! It is risky because it hasn’t been public for a long time so it’s really hard to gauge how it is going to move. Experts currently have in overvalued but we’ll have to check it out later in the year. I’m at least going to hold mine through the regular NFL season and see how it is moving. If I have made a profit by that time I’ll probably sell even though I’ll have to pay the extra short term capital gains tax rather than risking holding it long term.

Well there it is! That’s all the stock tidbits I have for you right now. If you are interested in getting started buying stocks then I highly recommend Robinhood. If you need to start an account click on any of the Robinhood links in this article and you’ll get a free stock when you make your first deposit.