I Need help on a stock market project for school?
ok im in 11th grade and i'm researching different stocks. now im suppose to use yahoo finance for this project. our teacher says we start off with $20,000 in cash.i'm only allowed to invest into 2 companies on the stock market 1 on the NYSE and 1 on NASDAQ.im allowed to divide the $20,000 between those 2 stocks anyway i like. i also have to calculate how many shares of stock that im able to buy. then i must subtract the brokers fee. im thinking of using chevron as one of my choices. my question is if the stock market were to crash what would be some companies that would still move along without being affected. sorry if im not making much sense i'm having a hard time understanding this stock market stuff. thank you.
Public Comments
- Okay, soooo you are looking for " safety" rather than trying to make " big bucks". You would buy companies that sell or handle " staples"...the common, everyday things that people continue to buy in good times or bad ( ...and GOOD GRIEF !..where did an 11th grader get the idea that a " crash" is coming?...markets continually go up and down...sometimes for years one way or the other...BUT a " crash" is something totally different...) ...but , anyway you could look a JNJ..shampoo, toilet paper, razors, household cleaning products...and a steady stock. ...you mentioned CVX... big oil.... how about just a little " refiner" instead? ALJ...the driving season is coming and they usually profit a little better than companies like CVX that are involved in more than just gasoline. ...for the nasdaq look at a " shipper"...a good one is TBSI...really makes gains because of worldwide trading ...or a steel company STLD...the world is building like crazy lately.
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