FIN100

wcie

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.

This is the week 3 work that was done.

Company Name	Stock Exchange	Symbol	Shares price	Number of shares	Amount invested
Bank of America	LSE	BAC	13.69	752	10,294.88
southwestern energy	NYSE	SWN	7.38	1047	7,726.86
Gen Electric	NYSE	GE	28	249	6,972.00
Total					24,993.74

Reasons for investing in the chosen three companies
The earnings of the Bank of America rises on lower expenses resulting from massive cost-cutting efforts.
This makes the bank attractive for investment since there is assurance of higher returns on investment.
General Electric has a unique culture of innovation in additional to healthy dividend payout maintained over a long period.
Gen Electric has a greater potential of making more money considering the competitive strategies and economies of scale undertaken by the company.
Southwestern Energy is one of the big firms that operate in the competitive natural gas and oil market. In diverging the portfolio, it is prudent to invest in the energy sector which has promising returns.

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