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Record the current price of the stock for each company you selected in Week 3?s Stock Journal. You may use any price during this week
Record the current price of the stock for each company you selected in Week 3?s Stock Journal.You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day).
Determine the current value of your total investment.Do not make any changes to your investment at this time. Calculate your total based on the number of shares and the new price per share, for each company.Provideyouropinion/assessmentofyourinvestments.Evaluatetheresultsofyourcurrentinvestment.Areyouhappywiththeresultandthetrend?Areyouupsetbecauseyou?reinvestmentisworthlessthan$25,000.Feelfreetospeculate/guessatwhyyoubelievethestockincreased,decreased,orremainedstatic.See attached for week 3 stock journal info Kimberly Pender Finance 100 Week 3/ Stock Journal 8/2/15 The three selected public companies are 1. Whole Foods 2. Wal-Mart stores 3. Cisco Whole Foods This supermarket chain especially specialized in organic foods. Though it is low-growth, lowmargin sector grocery retail but it is reaching to customer service and satisfaction. In the last three years, its donations increased around 10% after-tax profits. 2. Wal-Mart stores Wal-Mart stores, Inc. is a chain of retail stores across the world. Wal-Mart operates in three major segments. It includes financial services also. The average return on equity over the past five years is around 67%. 3. Cisco Cisco Systems, Inc. manufactures and sells networking products and related services. It recently allocated $90 million in cast for acquisitions. Amount Invested and the reasons: In the long time perspective the first two companies were chosen. The risk factor is low for these companies and with a constant growth rate. They have been increasing their market growth also exploring new markets. For Whole Foods, in the last five years i.e 2010 to 2015 its value increased around 115% For Wal-Mart, in the last five years i.e 2010 to 2015 its value increased around 42% Recently Wal-Mart entered into one of the big Asian market in India. The investment for the above two companies are $10,000 each. The Cisco systems enhanced its services to mobile, wireless, security etc. Recently made acquisitions, this may result some short term benefits. The investment stock in this company is $5,000. For Cisco, in the last five years i.e 2010 to 2015 its value increased around 20.69% The number of shares buying for each of the company Company Unit price No.of shares Amount invested Wholefoods $ 41.94 238 $ 9,981.72 Walmart $ 73.74 136 $ 10,028.64 Cisco Inc $ 28.31 176 $ 4,982.56 Total amount invested = $9981.72+$10,028.64+$4982.56=$24,992.92Step by Step Solution
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