2nd part to finance journal
Running head: STOCK JOURNAL 1: FIN 100 0
Stock Journal 1: FIN 100
Name
Course
Date
Stock Journal 1: FIN 100
Facebook Inc
$10,000 dollar
Current stock price=$143.8
$10,000/$143.8 = 69 shares
Facebook is one of the strongest brands in the social media market. Almost every person who joins social media is enticed to have a facebook account. This has allowed the company to gain much income from targeting advertisements based on users’ backgrounds, interests and friends. Additionally, the company has also acquired other messaging giants such as Whatsapp and Instagram which the company is yet to monetize. Statistics show that Whatsapp has over 1.2 billion registered users while Instagram has approximately 600 million users worldwide. Additionally, I am also a frequent user of facebook platform hence it will make me feel that I own a stake in the companies’ growth.
Tesla Inc
Current stock price = 302.51
Investment amount $10,000
$10,000/302.51 = 33 shares
The market for electric cars is picking up and Tesla Inc brands have positioned themselves as a market leader. The company is backed by its past reputation of innovating new car models. Its reputation as a leading manufacturer of luxury car is beyond doubt. The company rivals giant European carmakers such as Mercedes and Audi. The company’s positioning and its pricing strategy makes it a good company for to consider when undertaking long term investment.
ULTA Beauty Inc
Investment amount =$10,000
Stock price =$280.78
$10,000/$280.78 =36 shares
ULTA is a major retailer chain dealing in beauty products and solon. The company has been in the past under looked by investors. However, it has surprised many analysts recently owing to its ever rising stock price. Over the last 5 years, the company’s stock price has risen up by more than 220%. The company expects more growth in stock price in the coming year as it plans to double its market share.
Reference
https://finance.yahoo.com/quote/ULTA?ltr=1
https://finance.yahoo.com/quote/TSLA?ltr=1
https://finance.yahoo.com/quote/TSLA?ltr=1
Reference
http://www.reuters.com/finance/personal-finance