Record the current price of the stock for each company you selected in Week 3’s
ID: 2427736 • Letter: R
Question
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).
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 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
Name of Stock
Amount to be Invested
Opening Share Price
Number of Shares
Reason for Buying
Alphabet Inc. Google
$14043.60
$702.18
20
Very low debt equity ratio & Good liquidity
High earning growth compared to industry.
Low P/E Ratio, comfortable beta & high EPS, return on equity compared to industry and compared to competitors.
Information driven company (very strong fundamentals)
Intel Corporation
$5957.64
$29.64
201
Strong fundamentals
Very low debt equity ratio & good liquidity
Low P/E Ratio, comfortable beta & high return on equity compared to industry and compared to competitors
Pfizer Inc.
$4987.80
$30.60
163
Strong fundamentals (pharmacy)
Very low debt equity ratio & good liquidity
comfortable P/E Ratio, comfortable beta & good return on equity compared to industry and compared to competitors
Total Invested
$24989.04
Name of Stock
Amount to be Invested
Opening Share Price
Number of Shares
Reason for Buying
Alphabet Inc. Google
$14043.60
$702.18
20
Very low debt equity ratio & Good liquidity
High earning growth compared to industry.
Low P/E Ratio, comfortable beta & high EPS, return on equity compared to industry and compared to competitors.
Information driven company (very strong fundamentals)
Intel Corporation
$5957.64
$29.64
201
Strong fundamentals
Very low debt equity ratio & good liquidity
Low P/E Ratio, comfortable beta & high return on equity compared to industry and compared to competitors
Pfizer Inc.
$4987.80
$30.60
163
Strong fundamentals (pharmacy)
Very low debt equity ratio & good liquidity
comfortable P/E Ratio, comfortable beta & good return on equity compared to industry and compared to competitors
Total Invested
$24989.04
Explanation / Answer
Alphabet Inc. Google shares a/c dr. $14043.60
To bank $14043.60
(being 20 shares of the company purchased at $702.18 each)
Intel Corporation shares a/c dr. $5957.64
To bank $5957.64
(being 201 shares of the company purchased at $29.64 each)
Pfizer Inc. shares a/c dr. $4987.80
To bank $4987.80
(being 163 shares of the company purchased at $30.60 each)
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