The stock price summary is the first information you see when researching a stock. Whether you use a free site like Yahoo Finance, a premium research site, or just your online broker, this information defines a stock every day. And is a great place to start a “Stock Basics” series to show how to sift out the important information when doing your own stock research.
The stock price summary is simply a quick overview of a stocks performance. It tells us where the stock is at right now, what it has done for the day so far and over the past year.
The goal of this initial research is to eventually find a stock that is going to make us some money, from either a rising stock price, dividends, or both. We thought we’d use McDonald’s Corp. (NYSE: MCD) as an example since its a well known company. A few questions we might want answered are where is the stock price at now? How close to it’s one year high is it? Does it pay a dividend? And what’s the yield? Continue Reading…