N.Y.S.E Corporation Comparison The New York Stock Exchange has a large list of corporations. Out of the list I chose two corporations, Dicks Sporting Goods Inc. and Verizon Communications. Dicks Sporting Goods Inc. is a sporting retail and Verizon is a utility of communication. There are many factors that go into comparing them, for example you have to look at each of the corporations and compare their money flow. So there are many detail about each corporation that are important in comparing them. Using microeconomics analysis will help me evaluate each corporation, as well as the help of the N.Y.S.E website. Dicks Sporting Goods Inc. is a department store for sport equipment and supplies. They have a net income of .4 billion and sales at …show more content…
is a service for communication and entertainment. They have a net income of 10.3 billion and sales at 130.6billion. Verizon Communications do have direct investment and dividend reinvestment. Their market capitalization is 184.0 billion. Also the amount of stock per day that is traded is 10.2 million. The current price for one Verizon Communication Inc. stock is 45.23, which is up by .31 at a .69 percent increase, also the day’s range is 44.83-45.39. In the last year the high was 50.86 and the low of last year was 38.06. The earnings per share for Verizon Communications is 2.49 and the price to earnings ratio is 18.15. Reviewing the price chart on the New York Stock Exchange web page, the highest price of the year was in April, and the lowest price of the year was in October, though it seems to be rising as of now. The thought I have of why the price on the price chart would drop for Verizon is because of new products that come out throughout the year, but maybe in October of this year no new products came out that interested people to buy them. Since there would be sales of a new product makes the stock decrease in price and sales. As for the highs on the chart my guess would be that new products came out spiking up the sales on stocks increasing the price of the stock. Since this is a telecom services industry the stock market for them can me pretty stable, but still have its up and downs when there are new products that come out. But with …show more content…
Verizon may be a little more costly than Dicks Sporting Goods but they have a steadier flow than Dicks Sporting Goods. The demand for electronics is always up and the products are always changing. Everyone is into electronics and are willing to pay high dollars to get them, especially when a new phone comes out. Whereas for Dicks Sporting Goods, not everyone is into sports or outdoorsy things. Also, if is hard to predict what the weather is going to be like for the upcoming sports. If the weather isn’t right for that month and there are more sellers than there are buyers than the stock market for the corporation declines. But for Verizon everyone now a days has a cell phone or tablets or some sort of electronic and when an upgrade comes in most people buy it, so they are not as hard to predict if it is a good stock to invest in or not. Also for Verizon everyone pays for a phone bill each month, or has a bill to pay each month for service on their device so there is always income for that corporation. Verizon may cost a little more but in the long run I think it would be a better choice to invest in than Dicks Sporting