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:
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- Unemployment among Indian youth is high, but it is transient: RBI MPC member
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market