Problem
The CFO has noticed a constant increase in the stock market and sees this as a good opportunity to purchase a stock (your professor has assigned a stock you should monitor)
ASSIGNED STOCK:- FEDEX
1. Examine the corporation's financials for the last two years and discuss the performance of the company. Include the following in your answer: sales revenue, profits, earning per share, debt ratios, liquidity ratios and gross margins.
2. Discuss the reasons for changes in the stock price for the last 12 months. yahoo Finance, msn. Yahoo Finance, Google Finance, MarketWatch, Morningstar, Seeking Alpha, Financial Post, CNBC.com and Bloombergcan assist you to find the most current news about your corporation.
3. Use the Gordon Growth Model to calculate the true value of the stock. Comment on the results.
4. Make your recommendations to the Board, should the MNC purchase the stock you are asked to monitor, yes/no and explain your reasons include financial analysis.
5. Apart from the stock you are asked to monitor, choose another stock that you would recommend to the CFO to purchased and explain the reason for your choice.