Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Answer the question with alot of details, the answers shouldn't be short. We all know the precarious situation the world is in as of April
Answer the question with alot of details, the answers shouldn't be short.
We all know the precarious situation the world is in as of April 2020. The COMID-19 Pandemic has brought the world to a grinding halt. This is the start of a new recession, as millions have already lost their jobs and nearly all global economies face turmoil. For this week's assignment, you will be required to make a list of industries and sectors heavily impacted by the pandemic and explain why that is the case (at least 4). Also make a list of the sectors that have shown the potential for gains and growth during the pandemic and name the top companies (2-3 max) in these gaining sectors. Along with the lists, please explain why you think such companies have potential, given the current situation. This will require research into what the company does, how it operates and especially its stock performance, which are important aspects to consider when investing. The basis of your inferences should be analysis of the stock performance of these companies. The intended purpose of this assignment is to exhibit the importance of doing due diligence, reading the news, analyzing stock performance and to show how external events can affect companies, the equity market and the economy as a whole. Please do an appropriate amount of research, by following the stock market, reading news and analyzing companies. Note: Confine your research to the Indian Stock Exchanges onlyStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started