One of your relatives has come into a significant amount of money recently, and wants to invest $100,000 dollars in a stock which is listed either on the New York Stock Exchange (NYSE) or the NASDAQ. This relative has asked you to recommend three stocks, and will choose from one of the three you recommend.
You may use one of the financial services sites that was submitted in URL and find three stocks you like (for instance, Walmart, FedEx, and Microsoft). Find the lowest amount the stock has traded in the past year, the highest amount it has traded, and what amount it closed yesterday. Briefly discuss why you believe each of these stocks would be good investments for anyone.
To find three stocks on the New York Stock Exchange (NYSE) or the NASDAQ, you can use a financial services site like Yahoo Finance or Google Finance. Here's how you can find the information about the lowest, highest, and closing prices for each stock, as well as why they might be good investment opportunities:
1. Walmart (symbol: WMT):
- Visit the Yahoo Finance website (finance.yahoo.com) or Google Finance (www.google.com/finance).
- In the search bar, enter "WMT" to locate Walmart's stock.
- Look for information such as "52 Week Range" or "Summary."
- The "52 Week Range" will show you the lowest and highest prices the stock has traded in the past year.
- To find the closing price, scroll down to the chart or check the "Summary" section for the "Previous Close" value.
- Analyze Walmart's financial stability, competitive advantage, market presence, and performance in the retail industry. Walmart is the largest retailer globally, known for its steady growth, strong financials, and ability to adapt to changing consumer behavior. Its wide range of products and effective supply chain contribute to its long-term success.
2. FedEx (symbol: FDX):
- Repeat the same process described above for finding Walmart's stock information, but instead search for "FDX" to locate FedEx's stock.
- Analyze FedEx's financial performance, market position, and competitive advantage in the logistics and transportation industry. FedEx is a global leader in package delivery and provides various logistic services. Its consistent growth, technological advancements, and ability to adapt to e-commerce trends make it an attractive investment option.
3. Microsoft (symbol: MSFT):
- Once again, follow the same steps as mentioned above, but search for "MSFT" to find Microsoft's stock information.
- Evaluate Microsoft's strong financials, diversified product portfolio, and dominant position in the technology industry. Microsoft is a leader in software development, cloud computing, and enterprise solutions. Its continuous innovation, steady growth, and increasing demand for its products and services make it an appealing investment choice.
For each stock, analyze factors such as their historical performance, financial health, industry trends, and potential future growth. It's important to conduct thorough research and consider the relative risk associated with investing in stocks. Remember, this information is just a starting point, and it's advisable to consult with a certified financial advisor before making any investment decisions.