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WEEK 8 STOCK JOURNAL 1. Record the current price of the stock for each company you selected in Week 3?s Stock Journal. You may use
- WEEK 8 STOCK JOURNAL
- 1. 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). Using MS Excel spreadsheet or MS Word document, put your Week 3 and Week 8 stock prices side-by-side, to show your comparison.
- 2. 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.
3. 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 you?re investment is worth less than $25,000. Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static.
WEEK 3 STOCK JOURNAL ATTACHED
Stock Current stock price Netflix $138.60 Pizza Hut $12.95 Holdings Apple $120.00 Estimated Amount to be invested $9,200 $8,050 $7,700 Number of shares 9200/138.6 = 66.37 8050/12.95 = 621.6 Actual shares purchased 66 621 Actual value of investment $9,147.60 $8,041.95 7700/120 = 64.17 65 $7,800 Total $25,000 Rationale for each investment $24,989.55 I chose Netflix since I like their business model and the company has the potential to grow even more in future. I chose Pizza Hut because I am a fan of their pizza. It is therefore only fair that I own part of the company by buying a few shares. Apple remains one of the most innovative companies in the 21st century. It is most likely that the company will continue being profitable even in the long run. An investment in such a company is therefore, likely to continue earning returns for me into the foreseeable futureStep by Step Solution
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