Stock Picks Essays - Accounting Scandals, Financial Ratios

Stock Picks Term Paper Before I recommend a security, it is necessary for me to establish a few assumptions about the nature of my investment perspective. I am 22 years of age and therefore am less averse to risk. Therefore, my investment time horizon is very long due to my age. My first stock pick is based upon the previous assumptions and also the following one; Economic activity proceeds at a brisk rate as in 1999. Since this would indicate a bull market, I would choose a stock in the technology sector. I choose Gateway, ticker symbol (GTW). In the months to come, this company will start flooding the market with what is known as Internet Appliances, or IAs. These are inexpensive network computers with the network being the Internet. They will cater to consumers who want Web access but dont want the cost, technical problems, and maintenance that comes with a PC. However. That doesnt necessarily mean PCs are going away in the foreseeable future Gateway plans on making profit from these IAs by signing deals with communications giants like America Online to be ISPs. GTW recently traded at $56 a share, with a P/E of 30.6. This equals an EPS of $1.83. In my next stock-pick, I still presume the assumptions in the first paragraph, and also I need to make a different assumption; Continued economic growth leads to an inflationary environment in 2000. For these economic conditions, I feel United Technologies Corporation, symbol (UTX), is an appropriate stock. One of the 30 stocks on the Dow Jones Industrials, United Technologies Corporation, based in Hartford, Connecticut, provides a broad range of high technology products and support services to the building systems and aerospace industries. Those products include Pratt Carrier heating, air conditioning and refrigeration; Otis elevator, escalator and people movers; Hamilton Sundstrand aerospace and industrial products; Sikorsky helicopters and International Fuel Cells power systems. In the news May 3, 2000, Otis Elevator Co. landed a contract Tuesday worth more than $8 million to supply 31 elevators to the Hearst Tower building in Charlotte, N.C. This is indicative of the activity this company will have into the future time horizon of the next few months. Thus being a blue-chip stock, it has been relatively stable the past few years as compared to the S&P 500. In fact it has outperformed it consistently the past 5 years. The following graph indicates this point. As of April 28, 2000, UTX was trading at $62.19. In April of 1990, UTX was trading at around $13.65 a share. So by judging from the stability of this company one would expect, and rightfully so, this company to pay dividends. The last quarter ( Q 1 2000) will pay a dividend of $.20. In times of recession, a stock paying a regular dividend will appreciate in price. With UTX being at its 52-week low about a month ago at $46.50, the capital gains could at least be expected in the next couple of weeks. Interestingly enough, its 52-week high was almost exactly 52 weeks ago on May 11, 1999, at $75.97. Its P/E was 20.06 on April 28, 2000. This translates into an EPS of $3.10. UTX had a 17 percent increase in first quarter diluted earnings per share to $0.74 versus $0.63 in the prior year. Diluted earnings per share means all convertible securities and warrants are assumed to be exercised when they are reported in the companies financial statements. At the end of quarter 1, 2000, net income was $377 million, 22 percent above the $308 million reported in 1999. Revenues for the quarter were $6.4 billion, 17 percent higher than the prior year. Debt to capital ended the quarter at 38 percent, unchanged from the end of 1999. This is a favorable indicator, since increasing this ratio naturally indicates increased debt. I feel UTX is a generally wise purchase all around if you are looking for a generally safe stock. Its beta is .94, which means it is less volatile than the market and less subject to dramatic price fluctuations. I had the opportunity to have a tour of Sikorsky Aircraft located in Stratford, CT, as my

Sample AP US History Long Essay

Sample AP US History Long EssayOne of the most commonly asked questions of students, parents and high school guidance counselors is 'How to write a sample AP US History Long Essay.' This question is important as it sets an expectation that students must meet in order to be able to write a better essay.The Sample AP US History Long Essay contains basic information on what the student must have been taught by their instructors to accomplish the required tasks in the course. It will also include a sample essay.The goal is to have a complete conversation between a student and a teacher on the facts of the year. It will also include materials to be used in class as well as the resources and information that the student can use during a project. This is a well-designed learning resource for students who want to be able to write a good essay for their AP US History class.They should include multiple sections as well as each section should be separated from the next section by a blank line. It will be noted that in some AP US History Long Essay's students will actually need to write a separate essay.It should also be noted that the student should focus on areas that were taught in their AP US History class. This will allow them to focus on what the course was about and how it was taught so that they can write a much more efficient essay.There is also a section where the student can create their own essay. This allows the student to be able to put their own personal spin on their subject matter. This can be used for small projects or they can put the writing project into a more published form that can be used in college applications and work in a college paper.Students can either check out a free sample AP US History Long Essay or they can just purchase a book that teaches all of the lessons taught in this section. For a great deal more money you can get a book that will teach the whole course in just one page.