You have saved $60,000 over the last several years and have decided to invest $30,000 in the stock market.
Select three company’s stocks listed on either the New York Stock Exchange or the Over-the Counter stock exchange (NASDAQ) in which you would like to invest your money.
Purchase your stocks after the close of the stock market on Wednesday, February 28th, 2024
Sell your stocks after the close of the stock market on Friday, May 10th, 2024
Your assignment is Due on Sunday, May 19th, 2024.
The following information will be required in your final report:
An excel spreadsheet showing your stock’s performance from 3/04/24 – 5/10/24. The spreadsheet must include:
Ticker symbol of your chosen companies.
Purchase price per share (cost).
Number of shares of each company purchased; the total must not exceed $30,000.
Total amount invested in each company.
Sales proceeds per share when sold.
Total profit or loss for each company
Total profit or loss for your Investment Exercise
A template has been provided for the spreadsheet:
Investment Exercise Template.xlsxDownload Investment Exercise Template.xlsx
You will also need to include a document file with the following information regarding your companies:
Full name of your three companies, the exchange the stocks are listed on, and a one sentence description of what industry the company belongs to, and what the company does.
Does the stock pay a dividend, yes or no? If it does, how much per share, and what was the yield on the day you bought your stock?
What were the reasons for selecting each of the companies? You must document your selection with appropriate research. Include a one or two paragraph summary of your research for each company. The selection of your companies should not be based on emotion, but on objective evaluation of your research. Remember, you are looking for companies that have been profitable at least one quarter during the last twelve months. You will need to show the dollar profit figures as part of your research. Include research references at the end of each company’s summary. References should include: Name of magazine, newspaper, report, or Website, Author, Title of Article, Date, and Page. A separate reference is required for each company. (Minimum of three different references for the assignment). Start with the suggested references at the bottom of this page.
Describe what you have learned about your three companies.
What was the most important skill you learned from doing this project?
Track the price of your stock once a week (pick a day and be consistent) and note it in your information.
Suggested References:
Newspapers: Wall Street Journal, NY Times, SF Chronicle, Mercury News, Press Democrat, North Bay Business Journal, Silicon Valley Business Journal, SF Business Journal
Magazines: Business Week, Money, Kiplinger, Smart Money, Forbes, Fortune
Television: Mad Money, CNBC, Nightly Business Report
Online: Fool.com, zacks.com, valueline.com, thestreet.com, Yahoo Finance, Google Finance, NYSE.com
All the above magazines and newspapers have websites
