28 lines
2.9 KiB
TeX
28 lines
2.9 KiB
TeX
\documentclass{article}
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\title{Electronics Stock Protfolio}
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\author{Aidan Sharpe}
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\begin{document}
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\maketitle
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\abstract{
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Over the course of the semester \$10,000 was evenly divided into 5 \$2,000 investments related to electronics. Starting on February 1\textsuperscript{st}, 2023 and ending at the time of close on May 10\textsuperscript{th}, a net loss of \$95.69. The idea was to mostly invest in long standing companies that have a more reliable track record. Funny enough, the biggest loss from the collections came from the youngest and least proven company.}
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\section{Microsoft}
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I chose to invest in Microsoft since it has long been a reliable investment. Additionally, they have managed to avoid public contoversies for a long time while maintaining their status as a big tech company. On February 1\textsuperscript{st}, 2023, Microsoft was valued at \$80.48 per share. Following their overhaul of their "Bing" search engine to include GPT-4, Microsoft has risen in vauluation. On May 10\textsuperscript{th}, 2023, Microsoft closed at \$99.54. Starting with a \$2,000 investment, net profit would be \$473.66.
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\section{Gitlab}
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Gitlab is an enterprise version managing tool. They are an alternative to Microsoft's Github, and they also offer a tool for self-hosting free and open source git repositories. On February 1\textsuperscript{st}, 2023, Gitlab was valued at \$54.15 per share. The next day, they hit their 4 month high at \$58.57. Unfortunately, Gitlab is down to \$30.30 at close on May 10\textsuperscript{th}, 2023. Starting with a \$2,000 investment, net loss is \$880.89. Since it is down so much, and Gitlab probably is not going anywhere, it is likely a good idea to hold.
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\section{IBM}
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IBM has long been a power player in the realm of computing. Although they have not been front and center, they are still active and innovating. On February 1\textsuperscript{st}, 2023, IBM was valued at \$135.09 per share. On May 10\textsuperscript{th}, IBM was down to \$122.02. Again, starting with the baseline \$2,000 investment, net loss comes to \$193.50. Fortunately, IBM will likely remain an important part of computing for years to come, so by holding, a return on investment is probably ineveitable.
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\section{Sony}
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Sony has been a long term innovator in electronic entertainment devices. On February 1\textsuperscript{st}, 2023, Sony was valued at \$89.55 per share, creeping up to \$93.43 at the time of close on May 10\th, 2023. All things considered, now would probably be a good time to sell for a net profit of \$86.66.
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\section{General Electric}
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At over 130 years old, General Electric has broad reaches in electrical and electronic spaces. At the time of initial investment, General Electric was valued at \$82.32 per share. Luckily, choosing a longstanding complany payed off in this case, with GE closing at \$99.54 per share on May 10\textsuperscript{th}, 2023. With an initial \$2,000 investment, net profit from General Electric came to \$418.38.
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\end{document}
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