1. Alphabet Inc
2. Amazon
3. Apple
Sources of Information: There are many ways to find such companies and the stock prices, including the New York Stock Exchange at http://www.nyse.com, Google Finance at http://google.com, NASDAQ at http://www.nasdaq.com, and http://finance.yahoo.com.
NASDAQ: http://www.nasdaq.com
Google Finance: http://www.google.com
Indicate the amount you are investing in each company: Decide how you will divide $25,000 across the three (3) companies; e.g. $10,000 in Company 1, $10,000 in Company 2, and $5,000 in Company 3. You decide the amount you are investing in each company. You do not have to provide any analysis to justify your decisions. You must only provide some reason for picking that company. For example, you might invest in Ford because that company gets a lot of your money and you hear that Ford is doing well, and will continue to do well.
Alphabet Inc: $15,000
Initially I was going to invest in Google because that is something that I use multiple times a day on a daily basis but upon research I saw that the mother company of Google is Alphabet Inc which has a revenue of 90.27 billion as of 2016 which means it is doing extremely well and has been doing well for a very long time.
Amazon: $5,000
I chose Amazon because I know that it is an international electronic commerce company that is rapidly growing every day. Also, I use this website a lot and they just recently bought Whole Foods which in my opinion is great for their business.
Apple: $5,000
I am an apple user and I found that Apple is the largest information technology company by revenue in the world.
Indicate the number of shares you are buying, and the price of the shares you are buying for each company: Once you decide the companies and the amount for each company, determine how many shares you can buy. If Company 1 is selling for $42.16, then you may buy $10,000/ $42.16 or 237.19 shares. But you cannot buy a part of a share, so you decide to buy either 237 or 238. In this example you buy 237 shares, at $42.16 per share, investing $9,991.92. You won’t be able to buy exactly $10,000, or $5,000, or $25,000, but it will be relatively close.
1. Alphabet Inc: 400 shares/$37.50 per share
2. Amazon: 240 shares/ $20.83 per share
3. Apple: 227 shares/ $22 per share