Biotechnology Stock Project- Students are responsible for a project designed to follow biotechnology companies in the stock market. The first assignment is to select five biotechnology companies and invest $100,000 (fictitiously, of course). To do this look up the company and determine their ticker symbols. A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker tape of a ticker tape machine. Look at the cost per share that the company is currently trading at and determine the number of shares that you can purchase. You can spread your money evenly across five companies (i.e. $20,000 each) or not. For example, if a company is trading at $20/share you can purchase 1,000 shares for $20,000. You must choose your companies and shares and submit a one page summary by February 15, 2013 including the company's stock tickers, the cost per share, how many shares you purchased for each company, and a total amount invested. All companies chosen must be biotechnology companies. However, these could constitute pharmaceutical, medical, agricultural, biomedical, marine, and technology providers in those fields. The companies you choose should have a biotechnology orientation and focus. Toward the end of the semester you will look up these same companies and determine the cost per share at that time. Calculate your losses or gains for each company and your total losses and gains. This project will be summarized with a one page written report. This will be further described in lecture #6.
Cheryl M., Essay Queen Staff - February 26, 2017
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Biotechnology Stock Project
The five biotechnology companies that I will invest my money in include Monsanto, Amgen, Bristol-Meyers Squibb, Merck, and Celgene. I will invest my $100,000 evenly among these companies. I selected these five because they are well known leaders in the industry and who are in the public eye and are likely to draw a large degree of attention before June, which will increase their stock appeal.Monsanto Company creates genetically engineered plants and seeds that provide crops with greater amounts of nutrition, resistance to pesticides, and natural protection against insects...