Question
Assume you have saved $30,000 over the last several years. 1. Select three companies listed on either the New York Stock Exchange, or NASDAQ in
Assume you have saved $30,000 over the last several years. 1. Select three companies listed on either the New York Stock Exchange, or NASDAQ in which you would like to invest your money. You may invest up to $12,000 but not less than $5,000 in any one company. 2. Pretend to buy your common stocks based on the opening prices of January 15, 2024. 3. Pretend to 'sell' your stocks based on January 19 closing prices. 4. For each company, include the following information in your assignment: A) Write a one paragraph summary of your research for each company. Briefly describe each company. Include the history of the company, their products and customers. Explain your reasons for selecting this particular company and your projection on their future growth. Include the applicable research references at the end of each company's summary. A separate reference is required for each company. B) Include the full name of your three companies, the exchange the companies are listed on, their abbreviation, the name of the resource used for your stock 'purchase' and 'sale' reporting (e.g. finance.yahoo.com, google.com/finance, NYSE.com...) State last year's Total Revenue and Net Income of each company. C) Purchase price per share, number of shares of each company purchased (no fractional shares), total amount invested in each company, and total invested in all three companies combined. (Not more than $12,000 or less than $5,000 in any one company.) You must be within $100 of the $30,000 you have to invest. Do not round up. Show all calculations and use dollars and cents for all amounts. D) Profit or loss per share for each company, total profit or loss for each company, and total profit or loss for all three companies combined. Show calculations. E) The highest and lowest closing prices of each company's stock during the holding period, including the corresponding two dates of the highest/lowest closing prices of each stock during the holding period. The 52-week high stock price and 52-week low stock price for each company. F) Do the stocks pay dividend? If so, indicate which stock pays how much per share. If a stock does not pay dividend, state that. 5. Submit the assignment on Canvas, prior to the deadline. For each company, label each part (A through F) separately as outlined above.
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Company 1 Alphabet Inc NASDAQ GOOGL A Alphabet Inc is a multinational conglomerate founded in 1998 by Larry Page and Sergey Brin The companys primary products and services include online advertising t...Get Instant Access to Expert-Tailored Solutions
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