1. Record the current price of the stock for each company you selected in Week 3’s Stock Journal part 1 . 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 durin
1. Record the current price of the stock for each company you selected in Week 3’s Stock Journal part 1 . 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 , put your stock journal part 1 andstock journal part 2, 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.
Stock Journal week 3
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.
1) Fred Meyer/Kroger
2) Best Buy
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 Ford because that company gets a lot of your money and you hear that Ford is doing well, and will continue to do well.
Fred Meyer/Kroger $8,000 – I shop here almost eveyday
Best Buy: $6,000 – I like their product, you get what you pay for and their products hold up well and have a great return policy
Nordstrom $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 won’t be able to buy exactly $10,000, or $5,000, or $25,000, but it will be relatively close.
Fred Meyer/Kroger: 38.72 a share. Buying 238 shares for a total of 9,215.36
Best Buy: 32.88 a share. Buying 165 shares at 5,458.08
Nordstroms: 72.64 a share. Buying 142 shares for a total of 10,314.88
Just in case you need an assignment done, hire us. Using our writing services will make your life easier because we deliver exceptional results. Use us to get an A!