Investors of Tomorrow hosted its seventh annual InvestYoung Stock Pitch Competition on November 26th, 2017 at the Downtown Toronto Ivey Tangerine Leadership Centre.
From 50+ stock pitch submissions in the preliminary round, 25 pairs of competitors were invited to compete in the national final round in Toronto. The groups had to prepare and pitch a buy recommendation on a North American equity to judges which consisted of academic professionals and industry experts. Some of the organizations represented in the judging includes Evercore, Morgan Stanley, Credit Suisse, Bank of America Merrill Lynch, J.P. Morgan, CIBC, BMO Capital Markets, Onex, and CPPIB. The students went through a rigorous selection process which consisted of slide deck reviews and feedback. During the day, students were also given the opportunity to learn about the Technology industry through a workshop hosted by Maksym Kryworuchko (Curriculum Director). Furthermore, Aisha Sanchez from Evercore, and Rock Zhou from Morgan Stanley spoke about their experiences in finance as well. A special thanks to our long time sponsor - CFA Society Toronto for their generous and continuous support.
Here are the winners of the 2017 InvestYoung Stock Pitch Competition:
1st Place: Jack Henderson and Maanit Patel (NYSE:ATGE - Adtalem)
2nd Place: Erik Holz and Sukhmun Dosanjh (TSE:CGX - Cineplex)
3rd Place: Wesley Wu and Joshua Kan (NYSE:CVS - CVS Health)
Thank you to all our competitors for investing time and effort into this competition. We hope to see you again next year.
Kind regards, Peter Shi (Co-President 2017-2018).