A street analyst is trying to conduct top-down research. In order to realign investment portfolio, he plans to remove the stock that has the lowest market share in its industry. He is currently looking at the following stocks: Stock Name: ABC Revenue: 2,345,678.00 Industry Sales: 27,000,579.88 Stock Name: DEF Revenue: 278,000.00 Industry Sales: 2,897,000.90 Stock Name: GHI Revenue: 1,334,567.00 Industry Sales: 8,700,899.76 Stock Name: JKL Revenue: 4,400,990.00 Industry Sales: 6,678,999.00 Stock Name: MNO Revenue: 13,000,000.00 Industry Sales: 87,994,678.00 Which stock will he remove?
A street analyst is trying to conduct top-down research. In order to realign investment portfolio, he plans to remove the stock that has the lowest market share in its industry. He is currently looking at the following stocks: Stock Name: ABC Revenue: 2,345,678.00 Industry Sales: 27,000,579.88 Stock Name: DEF Revenue: 278,000.00 Industry Sales: 2,897,000.90 Stock Name: GHI Revenue: 1,334,567.00 Industry Sales: 8,700,899.76 Stock Name: JKL Revenue: 4,400,990.00 Industry Sales: 6,678,999.00 Stock Name: MNO Revenue: 13,000,000.00 Industry Sales: 87,994,678.00 Which stock will he remove?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A street analyst is trying to conduct top-down research. In order to realign investment portfolio, he plans to remove the stock that has the lowest market share in its industry. He is currently looking at the following stocks:
Stock Name: ABC
Revenue: 2,345,678.00
Industry Sales: 27,000,579.88
Stock Name: DEF
Revenue: 278,000.00
Industry Sales: 2,897,000.90
Stock Name: GHI
Revenue: 1,334,567.00
Industry Sales: 8,700,899.76
Stock Name: JKL
Revenue: 4,400,990.00
Industry Sales: 6,678,999.00
Stock Name: MNO
Revenue: 13,000,000.00
Industry Sales: 87,994,678.00
Which stock will he remove?
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