3rd Annual Cleveland Research Stock Pitch Competition
We are pleased to announce the 3rd Annual Cleveland Research Stock Pitch Competition. The competition will provide an
opportunity for students to demonstrate their investment ideas and knowledge of the financial markets. The investment idea
will be evaluated as a long position with a 3-12 month investment horizon. Teams of 2 – 4 students will put together a stock
pitch presentation, and finalists will present their ideas to Cleveland Research Company.
The winning team will advance to represent Miami University on a national scale. Winners of last year’s Cleveland Research
competition represented Miami University well at the national competition as the students advanced to the final round (top 4
teams in the country) and received a write up in Forbes: http://www.forbes.com/sites/kaipetainen/2012/11/06/miamiuniversity-students-and-this-quant-pitch-cj-energy-services/
We look to continue to build upon the strong Miami University reputation going forward.
First Round
The first round will consist of students selecting and analyzing an investment idea in the form of a written proposal. All
presentations are to be in PowerPoint format with no more than 20 slides. Ideas will be judged on the quality of the investment
pick and the rationale.
Winners (Top 4 or 5 Teams) of the first round:
Invited to a dinner with Cleveland Research Company the night before the final presentation
Will present their idea to a panel judges from Cleveland Research Company in the Trading Room
Final Round
Finalists will present to Cleveland Research Company. The final presentation will consist of a ten minute presentation,
followed by a ten minute Q&A session. Presentations will be judged on the quality of the investment pick and rationale, the
quality of the presentation, and the ability to effectively field questions from the judges. The final round will take place in the
trading room and will be open to all students and faculty for observing the finalists’ presentations.
The winning team will receive the following:
$500 cash prize for winning the Cleveland Research Stock Pitch Competition
Dinner/office visit with Cleveland Research Company to help prepare the winning team for the national competitions.
Opportunity to represent Miami University at University of Michigan Stock Pitch Competition ($3,000 First Prize)
Opportunity to represent Miami University at the Georgetown Stock Pitch Conference ($2,000 First Prize)
Recommended Presentations Components
State a clear investment thesis
Analyze the business model and key drivers
Evaluate the industry and competition
Identify the key catalysts for the business/stock
Evaluate the potential risks to the investment thesis/idea
Utilize fundamental analysis and provide a price target
Time Line
February 1, 2013 – Noon
Deadline to sign up your team of 2 – 4 students (2 of which must not be seniors) in the Finance office in 2053 Farmer School
February 13, 2013 – Noon
A summary of your conclusions and supporting analysis (PowerPoint) is due in the Finance office in 2053 Farmer School of
Business no later than 12 NOON. Late submissions will be disqualified.
February 15, 2013 – 5 PM
The finalists will be announced. All teams will receive feedback from the judges.
February 19, 2013 – Noon
Finalist presentations must be emailed to Cleveland Research Company. You will present this set of slides in the final round.
Email to Lisa Bryan: lbryan@cleveland-research.com
February 21, 2013 – 6:30 PM
A reception/dinner will be held for the finalists and judges.
February 22, 2013 – 10AM
Each of the finalist teams will be expected to make a ten minute presentation of their analysis followed by a ten minute question
and answer session with the judges. The competition will take place in the trading room and will be open to all for viewing. The
winners will be announced at the conclusion of the competition.
Recommend Resources
Company Investor Relation Website
o Quarterly Earnings Press Releases
o Earnings Call Transcripts/Webcasts
o Company Investor Presentations
SEC.gov
o Company Filings (10Ks and 10Qs)
Bloomberg
o Company and Industry News
o Equity Research Reports
o Peer Group
o Financials
What Securities Are Allowed?
Participants are restricted to the universe of companies with market capitalizations above $200 Million* and share prices above
$2*. Selections must be a stock (common or preferred) or ADR. ETFs, ETNs, Closed-End Funds, other exchange-traded
securities, derivatives (options/futures), and currencies will not be eligible for the competition. Judges will be interested in
participants' abilities to choose and evaluate companies, not their ability to evaluate sectors, trends, or other managers.
Additionally, equities must have a three-month average daily volume of at least 100,000 shares*, and must trade on the Nasdaq,
NYSE, Euronext, or Alternext. *3-month moving average
Information
For more information on Cleveland Research Company visit: www.cleveland-research.com
For more information on MII Intercollegiate Stock Pitch Competition visit: http://miiuic.org/?page_id=17
For more information on the Georgetown Stock Pitch Competition visit: http://www.thegspc.com/#!2013-competition