Question

In: Finance

You can invest in 3 companies and purchase 100 shares of common stock in each. Which...

You can invest in 3 companies and purchase 100 shares of common stock in each. Which 3 companies would you pick and why? Please list the stock symbol and the current stock price.

Solutions

Expert Solution

If I will have to invest in three companies I will be purchasing hundred shares of common stock of

A. Apple (Appl)

B. Amazon (Amzn)

C. Tesla (Tsla)

I will be choosing this companies because I am betting on the growth of the economy as the economy is recovering from the coronavirus and the economy will be shaking of all the fears and it will be starting to move up on a neq bull run because there will be recovery in the economy as well to support the bull run and these are the leading companies which will help the Bull run and it will maximize the value.

The current stock price for Apple is $117

The current stock price for Tesla is $ 415

The current stock price for Amazon is 3217


Related Solutions

You purchase 100 shares of stock at $100 ($10,000); the marginrequirement is 40 percent. What...
You purchase 100 shares of stock at $100 ($10,000); the margin requirement is 40 percent. What are the dollar and percentage returns ifa) you sell the stock for $112 and bought the stock for cash?b) you sell the stock for $90 and bought the stock on margin?c) you sell the stock for $60 and bought the stock on margin?Please provide step-by step on how to solve in Excel
Part A: You make a cash purchase of 100 shares of a stock at $55 per...
Part A: You make a cash purchase of 100 shares of a stock at $55 per share. You hold the stock for one year, during which dividends of $5 a share are distributed. Commissions are 2 percent of the value of a purchase or sale. Assume all of the same conditions of the transaction as in part a (i.e. stock purchase price, dividends, commission) but now you make the purchase using margin. If the Margin Requirement is 60% and the...
Cullumber Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
Cullumber Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $121,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $212 per share. (Round...
ndigo Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
ndigo Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $121,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $212 per share. (Round...
Martinez Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
Martinez Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $120,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $210 per share. (Round...
Waterway Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
Waterway Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $112,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $168 each and market price of the preferred is $210 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $194 per share.
Oriole Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
Oriole Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $108,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $186 per share.
Sandhill Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
Sandhill Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $101,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $176 each and market price of the preferred is $220 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $172 per share.
Sweet Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
Sweet Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $113,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $172 each and market price of the preferred is $215 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $196 per share. (Round...
Flounder Inc. issues 500 shares of $10 par value common stock and 100 shares of $100...
Flounder Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $105,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $172 each and market price of the preferred is $215 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $180 per share.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT