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Play Money - Research Paper Example

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Stocks with low prices are expected to rally upwards more than high priced stocks. I bought 100 shares in each of the companies…

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Subject: Finance & Accounting
Type: Research Paper
Level: College
Pages: 2 (500 words)
Downloads: 2
Author: rachaeljohnston

Extract of sample "Play Money"

Play Money Paper Introduction Given that the money to invest is only $10,000 its best to invest in stocks with low share price, moreover the market is titling toward such stocks. Stocks with low prices are expected to rally upwards more than high priced stocks. I bought 100 shares in each of the companies except Procter and gamble where I bought 10 shares. The remainder will cover brokerage fee and other transaction cost.Stocks to Invest InRr Donneley & Sons CompanyRR DONNEY offers integrated communication solutions to private and public sector.

The company announced a quarterly dividend of 26 cents per share which was 0.87% decline from the previous dividend (U.S Securities ans Exchange Commisions, 2014). The company celebrated its 150th anniversary this year.Intel CorporationIntel Corporation designs, manufactures, and sells unified digital technology platforms The company offers microprocessors that process system data and controls other devices in the system; and chipsets (Bloomberg, 2014). Alcoa CoAlcoa Inc. engages in the manufacture and management of primary aluminum, fabricated aluminum, and alumina.

The company operates in four segments: Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. Its products are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications.Bank of AmericaBank of America Corporation, over its subsidiaries, offers various banking and financial products and services to single consumers, small-and middle-market businesses, recognized investors, corporations, and governments in the United States and internationally.

The company’s Credits segment provides traditional savings accounts, cash market savings accounts, CDs and IRAs, and noninterest-and interest-bearing checking accounts, as wellas investment accounts and productsProcter & GambleThe Procter & Gamble Company, produces and sells consumer packaged goods. The company shares were the highest among the rest.The companys strong point can be seen in;its growth in earnings per share,increase in net income, expanding profit margins, good cash flow from operationssolid financial position Procter & Gamble has an existing yield of 3.

1%, giving a quarterly dividend of 64.25 cents a share. Share Price for OctoberRR DONNELLEYINTELALCOABANK OF AMERICAPROCTER &GAMBLEWEEK 1$ 16.4$ 34.01$16.0$ 17.5$ 82.5WEEK 2$ 15.5$ 30$ 14.75$ 16$ 82WEEK 3$ 16$ 32$ 16.00$ 16.5$ 84WEEK 4$ 17.45$ 34.01$ 16.76$ 17.16$ 87.27GAINS/LOSSESRR DONNELLEYINTELALCOABANK OF AMERICAPROCTER &GAMBLETOTALBuying value$1,640$3,401$1,600$ 1,750$825$ 9,216Sale value$1,745$ 3,401$ 1,676$ 1,716$ 872.7$ 9,410.7Gain/(loss)$ 105$0$ 76($34)$ 47.7$ 194.7ConclusionThe Dow jones industrial average jumped 195 point or 1.

1% to 17390.52 a closing record for the index. The previous record was 17279.74. The Dow section leading the way higher was Gamble, which sported a $1.22 gain (+1.4%) getting the stock to $87.27.The S&P 500 index closed at 23 points or 1.2% to 2018.05 purposing its previous close of 2011.36The Russell 2000 was also up by 1.5% to 1173.5.The Dow component leading the way higher looks to be Procter & Gamble (NYSE: PG), which is sporting a $1.22 gain (+1.4%) bringing the stock to $86.38.ReferencesBloomberg.

(2014, October 31). NASDAQ Composite Index. Retrieved from Bloomberg: http://www.bloomberg.com/quote/CCMP:INDCNN Money. (2014, October 31). Dow Jones Industrial Average. Retrieved from CNN Money: http://money.cnn.com/data/markets/dow/NASDAQ. (2014, October 31). NASDAQ. Retrieved from Composite Index: http://www.nasdaq.com/markets/indices/major-indices.aspxNASDAQ. (2014, October 31). Stock Market Activity. Retrieved from NASDAQ: http://www.nasdaq.com/NEW YORK MARKETS AFTER HOURS. (2014, October 13).

NASDAQ Composite Index. Retrieved from NEW YORK MARKETS AFTER HOURS: http://www.marketwatch.com/investing/index/compReuters. (2014, October 31). Nasdaq Composite Index. Retrieved from Reuters: http://www.reuters.com/finance/markets/index?symbol=.IXICU.S Securities ans Exchange Commisions. (2014, June). Financial Navigating in the Current Economy: Ten Things to Consider Before You Make Investing Decisions. Retrieved from U.S Securities and Exchange Commisions: http://www.sec.gov/investor/pubs/tenthingstoconsider.

htmYahoo Finance. (2014, October 31). NASDAQ Composite. Retrieved from Yahoo Finance: http://finance.yahoo.com/q?s=^IXICYahooFinance. (2014, October 31). Yahoo Finance. Retrieved from S&P500: http://finance.yahoo.com/q?s=%5EGSPC

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