A social network for money managers had a competition for trade ideas - here are the winners
Investors use algorithms, mathematical models, research, and their gut to come up with investment ideas that will deliver outsized returns.
SumZero, a professional network for investors, has recognized the creme de la creme of those ideas in its 2017 Top Stock Challenge.
According to SumZero, the contest represents the best of the best of forward-looking research from SumZero's community of money management professionals.
The winners were picked out of 150 entrees by a panel of 25 experts. Contestants were judged on their thesis, strength of their argument, feasibility of the trade, and originality.
The 5 winning ideas are featured in a report out January 18 by SumZero and were broken up by 5 categories:
- Special Situations: Event-triggered idea
- Shorts: idea bets against a company's stock
- Ex-US: idea associated with companies that are based on a non-American country
- Small Caps: idea related to companies with market caps lower than $2 billion
- Mid/Large Caps: idea related to companies with market caps higher than $2 billion
The winners have earned a free ticket to a global 2017 Sohn Investment Conference event of their choosing, and a free, one-year subscriptions to the Canalyst Equity Model Database. Read on to see the 5 winning ideas:
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