Consider the characteristics of the following three stocks: The correlation between Thumb Devices and Air Comfort is

Question:

Consider the characteristics of the following three stocks:

The correlation between Thumb Devices and Air Comfort is -0.12. The correlation between Thumb Devices and Sport Garb is -0.21. The correlation between Air Comfort and Sport Garb is 0.77. If you can pick only two stocks for your portfolio, which would you pick? Why?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...