On September 4th, I made several notable purchases in the stock market, focusing on NVIDIA (NVDA) and Lockheed Martin (LMT). Here's a detailed breakdown of these transactions:
NVIDIA (NVDA) Purchases
$100 at $107.12/share
- Number of Shares Purchased: 0.933
- Total Investment: $100
- Average Price per Share: $107.12
$500 at $109.13/share
- Number of Shares Purchased: 4.585
- Total Investment: $500
- Average Price per Share: $109.13
$107.08 at $109.21/share
- Number of Shares Purchased: 0.981
- Total Investment: $107.08
- Average Price per Share: $109.21
$500 at $109.01/share
- Number of Shares Purchased: 4.596
- Total Investment: $500
- Average Price per Share: $109.01
Total NVIDIA Investment: $1,207.16
Total Number of Shares Purchased: 10.095
Analysis:
NVIDIA, a leading player in the tech and semiconductor sector, has been a significant part of my investment strategy. The purchases made on September 4th indicate a belief in NVIDIA's continued growth and performance. By averaging in at different price points, I aim to mitigate the impact of short-term price fluctuations and capture a better overall average cost per share.
Lockheed Martin (LMT) Purchase
- $100 at $573.26/share
- Number of Shares Purchased: 0.174
- Total Investment: $100
- Average Price per Share: $573.26
Total Lockheed Martin Investment: $100
Total Number of Shares Purchased: 0.174
Analysis:
Lockheed Martin, a key player in the defense and aerospace industry, represents a strategic investment in a sector with stable demand and government contracts. The purchase reflects confidence in the company's strong position and growth prospects in a crucial industry.
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