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Lowest Amount of Stock Traded

One of your relatives has come into a significant amount of money recently, and wants to invest $100,000 dollars in a stock which is listed either on the New York Stock Exchange (NYSE) or the NASDAQ. This relative has asked you to recommend three stocks, and will choose from one of the three you recommend.

You may use one of the financial services sites like and find three stocks you like (for instance, Walmart, FedEx, and Microsoft). Find the lowest amount the stock has traded in the past year, the highest amount it has traded, and what amount it closed yesterday. Briefly discuss why you believe each of these stocks would be good investments for anyone.

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So, as part of portfolio theory, you've probably learned that in a diversified holding of stocks (i.e. a portfolio) you'd like to hold stocks that have a covariance close to zero. While we won't get into portfolio theory too much, it would be a good idea to pick three stocks from industries that aren't related. The prices of 3 railroad stocks will be ...

Solution Summary

The lowest amount of stock traded is determined.