I'd like to know what you guys think about Stock Pitching Test during Interviews / Superdays:
Specifically, I know that my next interviews will contain such a test, where I will be given a stock + some's and broker reports and am expected to present my investment thesis and recommendation to some buyside professionals.
Usually my structure goes like this: Summary (company + industry ), Investment thesis + highlights, risks to the thesis and some valuation.
I also try identify what the consensus/market thinks about the stock and how my analysis differs from that. However, with the limited resources and time I imagine that this might be quite difficult to accomplish.
Also, I understand that some people suggest going into a SWOT analysis, however I always feel that the buyside is looking for a clear recommendation and SWOT is something you would rather find in a comprehensive sell-side report. This being said, the SWOT might serve as a rough guideline for my analysis.
Any experiences / thoughts on this issue? By the way, we're talking about a huge buy-side firm here, but I don't know if this matters at all.