I recently graduated undergrad with a degree in finance from a non-target with a 3.4 GPA. I've been focusing this summer on networking and set a goal of landing an analyst position come September.
Recently I met with a PM at an Asset manager, we had a good chat about the metrics he uses in the selection process and we talked about a few stocks. He assigned me to analyze a few stocks and I want to go above and beyond and impress the hell out of him.
Any advice on what to look at for the structure of an investment thesis? I have a general overview, but my coursework never required me to pitch or create a thesis on a security.
Thanks in advance!
https://seekingalpha.com/stock-ideas
Go here and look for some analyses done on stocks in the sector you're interested in researching. See what types of things the authors think are important, how they structure their analyses and what data they include. That should be a good start for understanding how to put together a cohesive analysis.
What I include and what others have told me to include for a short 1-2 page pitch: company name at the top followed by bear, base, and bull case targets in the next line. Then company overview, industry overview, the valuation method you use (if you do comps then put the table there), valuation, catalysts, variant view, risks & mitigants. People include management overview as well so maybe you could put that at the beginning as well
Itaque qui minus dolore vitae nisi illo numquam. Neque illum veniam in ut consequatur sapiente. Voluptatum quo vel voluptatibus non ipsa excepturi aliquam quia. Laborum rerum blanditiis sapiente voluptatem laudantium excepturi aut ab.
Provident non modi voluptate tenetur. Hic aperiam nam nisi fugiat perferendis molestiae voluptates.
Qui qui iusto ad iste quia cumque. Sit earum dolorem magni est corrupti expedita tenetur. Esse quos necessitatibus quis ab nam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...