To complete the investment portfolio, perform the following tasks: Select at least five stocks to simulate a diversified portfolio. Indicate the company name, stock symbol, initial share price, number of shares bought, and the total cost for each stock. The stock purchases will go through an online broker that charges a commission of $4.95 for each stock. Be sure the total cost is as close to $1000 as possible.
Choose one company and explain why you opted to buy stock in this company. Research this company and provide an overview of the company's profile, such as its history and what it produces, and other relevant financial information, such as total revenue, total profits, dividend yield, and recent stock performance. Cite at least one source for this information.
Track the performance of the portfolio for two weeks. Determine the percent change in the share price for each stock and the percent change in the value of the portfolio as a whole. Explain how diversification played a role in the overall yield of the portfolio.
Use the following table to record the company name, stock symbol, initial share price, number of shares, subtotal, commission, and total cost for each stock. Remember to select at least five stocks and make sure that the total is as close to $1000 as possible.
Company Name Stock Symbol Initial Share Price # of Shares Subtotal Commission Total Cost $4.95 $4.95 $4.95 $4.95 $4.95 $4.95 $4.95 $4.95
Total: