Question
Record the current price of the stock for each company you selected in Week 2s, Stock Journal. You may use any price during this week
Record the current price of the stock for each company you selected in Week 2s, 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.
Provide your opinion / assessment of your investments. Evaluate the results of your current investment. Are you happy with the result and the trend? Are you upset because youre investment is worth less than $25,000. Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static.
THE INFO IS AS FOLLOW FROM WK 2 STOCK JOURNAL
Indicate the companies you are investing in: Select three (3) US companies that are publicly traded. There are many ways to find such companies and the stock prices, including the New York Stock Exchange at http://www.nyse.com, NASDAQ at http://www.nasdaq.com, and http://finance.yahoo.com.
Walmart
AT&T
COSTCO Wholesale
Indicate the amount you are investing in each company: Decide how you will divide the $25,000 across the three (3) companies; e.g. $10,000 in Company 1, $10,000 in Company 2, and $5,000 in Company 3. You decide the amount you are investing in each company. You do not have to provide any analysis to justify your decisions. You must only provide some reason for picking that company. For example, you might invest in WalMart because that company gets a lot of your money and you hear that WalMart is doing well, and will continue to do well.
WALMART: $8,000 I shop here almost every day and I like the cost of the products
AT&T: $6,000 I like their product, as well as the service is perfect for me and my husband.
COSTCO: $11,000 - I am a frequent shopper because I like the variety of brand names they carry
Indicate the number of shares you are buying, and the price of the shares you are buying for each company: Once you decide the companies and the amount for each company, determine how many shares you can buy. If Company 1 is selling for $42.16, then you may buy $10,000/ $42.16, or 237.19 shares. But you cannot buy a part of a share, so you decide to buy either 237 or 238. In this example you buy 237 shares, at $42.16 per share, investing $9,991.92. You wont be able to buy exactly $10,000, or $5,000, or $25,000, but it will be relatively close.
WALMART: 38.72 a share. Buying 238 shares for a total of 9,215.36
AT&T: 32.88 a share. Buying 165 shares at 5,458.08
COSTCO: 72.64 a share. Buying 142 shares for a total of 10,314.88
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