Stock Journal
Question 1
|
Company |
Week 3 Stock Price |
Week 8 Stock Price |
|
Tesla |
$345.10 |
$315.55 |
|
Amazon |
$982.91 |
$1186.00 |
|
JPMorgan |
$99.51 |
$98.32 |
Question 2
|
Company |
Week 8 Stock prices |
Shares Investment |
Total Investment |
|
Tesla |
$315.55 |
31 |
$9782.05 |
|
Amazon |
$1186.00 |
11 |
$13046.00 |
|
JPMorgan |
$98.32 |
35 |
$3441.20 |
|
Total Investment |
$26,269.25 |
Question 3
I was actually impressed by the total investment that amounted to $26,269.25 up from $24992.96 bringing a profit of up to $1276.29. However, I was particularly worried by Tesla’s drastic stock decrease. Of late, Tesla’s stock has been wildly volatile due to a number of reasons. However, this drastic decrease can be attributed to its recent move to discontinue its cheapest model a trend that have been common in the company and was hence expected. Amazons recent revenue growths on the other hand could be attributed to the steady increase in stock price as well as the increasing popularity of the FAANG stocks. As for JPMorgan, the decrease in stock prices could be attributed to the investors focus on the company’s declining trade revenue.