During the fall and spring semesters of this current academic year, collegiate investing clubs across the United States held their own stock pitch competitions, and with help from Seeking Alpha, were given a unique opportunity to share these stock ideas with the world. As a reward for their efforts, our campus outreach team invited the winners of these nationwide collegiate stock pitch competitions to convene in New York City for Seeking Alpha's First Annual Ultimate Competition - and the students certainly did not disappoint!
Although many more stock pitch competitions were made possible through Seeking Alpha, nine collegiate teams were represented at the first annual competition: Bentley University, Carnegie Mellon University, Columbia University, Fordham University, Georgetown University, Northeastern University, Texas A&M, University of Maryland and the University of Texas (Austin). Of course, a competition would not be complete without a group of judges, and ten top-notch investment professionals willingly volunteered their Saturday afternoon to hear and evaluate each team’s performance. The following individuals served on our panel of judges, and their advice and service must be commended: Kristina Cibor (Goldman Sachs), Ian Clark (Dichotomy Capital), Jeffrey Fischer (Seeking Alpha), Nikhil Jog (Kedar Capital), John Leonard (Seeking Alpha), Joe Mazzella (Goldman Sachs), Joe McCann (Slingshot Insights), Neil Mehta (Goldman Sachs), Johannes Salim (Quanam Capital), and Michael Taylor (Seeking Alpha).
The day consisted of a preliminary round for each school, where the students presented their broad, 30,000-foot view for one long or short idea. After each school presented, the judges used scorecards with a variety of detailed criteria in order to determine which three schools would be presenting in the final round. The top three teams were then given 25 minutes to present their 100-foot view of their long or short idea to the judges. Cash prizes were awarded to the top three winners: the first place team was awarded $3,000; second place $2,000; and third place $1,000.
Overall the event was a culmination of intricately researched stock ideas from some very talented and highly intelligent students, mixed with some invaluable analysis and advice on the part of our judges. We cannot wait to see what these students do next in the world of finance and all Seeking Alpha readers should be very excited for the articles these students will publish next.
The top three teams, as well as all collegiate participants, and their stock pitches can be read below:
Fordham University (Kevin Feeney)
Loral Space & Communications (NASDAQ:LORL) - Long Idea
Bentley University (Bryan Wagman)
Cognex Corporation (NASDAQ:CGNX) - Long Idea
Carnegie Mellon University (Wilson Judy, Shaan Phagura, and Jake Gutwein)
Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) - Long Idea
Columbia University (Scott Chen, Tanveer Singh, Edward Tian, Gurnoor Tucker)
Tenneco Inc. (NYSE:TEN) - Long Idea
Georgetown University (George Alchas, Harry Rosner, Patrick Ryan, Ben Stern)
Cheniere Energy, Inc. (NYSEMKT:LNG) - Long Idea
Northeastern University (Carlos Elias Campos, Diego Salas)
Lockheed Martin Corporation (NYSE:LMT) - Long Idea
University of Maryland (John Esposito)
Delta Air Lines (NYSE:DAL) - Long Idea