Claire
UC Riverside Extension Center
1200 University Avenue, Riverside CA 92507-4596
Phone: 951-756-5392
Email: [email protected]
Memorandum
Date:
08/03/2011
To:
From:
Class:
Subject:
John McGowan
Claire Liao
EIB2
Stock memo2
Introduction
I have chose Apple and UMC (United Microelectronics Corporation) Taiwan for my lowrisk company, Google for my high-risk company. My investments are from 18-Jul-2011 to 1Aug-2011. For Apple, I spent $8971.20 to buy 24 shares of the stock and for Google I spent
$13683.62 to buy 23 shares of the stock, next for UMC, I spent $7344 to buy 3060 shares of the
stock. At the closing date I earn $822.89 from Apple and Google and I lost $61.20 from UMC.
Company Stock Price Analysis
1. Apple Inc.(AAPL)
Apple Inc. is a high technology company in United States. Apples’ new product always
sell like hotcakes and most people like used Apples’ products. I spent $8971.20 to buy 24 shares
of the stock in Apple Inc. on 18-Jul-2011. During the next few days the shares are raising
steadily, 26 July is the highest price and then the price go down until 1 August to go up.
“Apple's stock price is back on the move and a JPMorgan analyst says investor's should
"get ready for the return of the wow factor."Pmorgan's Mark Markowitz says investors
should get ready for Apple's 'wow factor' to come back to the stock.”(2011)
“Moskowitz also thinks Apple's improving prices paid for manufacturing components for
the iPhone and other products will contribute to a higher profit margin. He's increased
that for the third quarter to 39.8 percent from a prior estimate of 38.2 percent. “(2011)