You are planning on investing $15,000 in a company. You have two options that you are strongly considering. The first is with Company A's preferred stock, which is noncumulative, participating, and convertible. The second is with Company B's preferred stock, which is nonparticipating, cumulative, and convertible.

Which stock do you think is the better one to invest in and why? What are the advantages and disadvantages of each stock?