Colin Deltoro and Sam Parks: Stocking up profits
March 17, 2021
In March of last year, junior Colin Deltoro watched in shock and awe as the stock market crashed due to the pandemic. Since his childhood, Deltoro had always been interested in learning about and investing in the stock market.
Although Deltoro had previously invested small sums of cash before — in two stocks worth $15 — he had never had the time to fully pursue his passion. This all changed, however, in quarantine.
“Quarantine gave me the opportunity to research stocks that I should invest in,” Deltoro said. “Trading stocks is thrilling; you’re always on your toes.”
Once summer 2020 hit, he had put a couple hundred dollars of his savings in profitable stocks like Tesla and One Medical.
During the past year, Deltoro and fellow junior Sam Parks have learned more about stock trading through TikTok and YouTube. The pair also started one of Whitman’s stock clubs at the start of the year to share their knowledge with other students. The two frequently check their stock market apps to analyze the success of various businesses.
“What we’ve learned is to have a cut off point when buying stocks and not get too greedy about it,” Parks said.
The development of the COVID-19 vaccine affects the value of various stocks. Deltoro saw potential in vaccine companies and invested in Pfizer, Moderna and Johnson & Johnson once they announced their respective vaccines.
With the stress and the uncertainty the pandemic brings, it’s great to have an escape, Deltoro said.
“Allowing myself to explore a new hobby like trading helps me not only block out all the noise but gives me something to occupy myself with,” Deltoro said. “Quarantine provided me with a great opportunity to discover my interests.”