January 30, 2013 at 5:54 p.m.
WEDNESDAY, DEC. 5: Bermuda High School has three teams in this year’s KPMG Challenge and all three have invested differently.
Investalads is made up of Tyler Kerr and Ashley Lombardi, both 17 years old.
Common Cents is comprised of 15 year olds Aleisha Hollis, Jada Pearman and Ashlee Lambe.
The final team is Datz Crazy, which is made of 15-year-olds Annika Rahman, Daynisha Paynter, Taylor Hill and Zaire Smith-Blakeney.
The challenge sees the teams submit investment portfolios and trade over the course of the school year. The school that wins is awarded money that will go to their school.
Tyler and Ashley have invested in Tesco, Black Box, Activision, True Blue and Delta to name a few. Tyler explained their investments: “With Tesco, we looked into that because times are hard and they have been doing extremely well.
He added: “Delta has been doing well and their stocks are expected to continue to rise.
“Activision is also doing well because Call of Duty just came out and that’s been anticipated and they have benefitted from that.”
Tyler and Ashley have also invested in Devonshire Holdings, a local company.
“They weren’t doing bad or good and they were cheap. We needed a local company so we chose them.”
Ashley explained why they are participating in the challenge.
“For the experience. It just helps us to see the real world.
Common Cents came third last year and have invested in Wal-Mart, Apple and Macy’s to name a few. Jada said: “We mostly looked at retail and we started off with this because of Black Friday. We’re also going to try natural companies such as oil.”
Aleisha added: “One of our strategies is to find companies at a low point so they can increase as oppose to finding companies that are high and then fall.”
Jada aid: “We don’t like to invest in new companies.
“Last year we were going to invest in Facebook but they were going up and down.”
The girls have invested in Argus as their local company because they consistently do well.
Datz Crazy has invested in technology and electronic companies including HP and Apple as well as Target and Mondeleez.
“The electronics companies shares are likely to get higher in the Christmas season”, said Aanika. “Mondeleez is the parent company of quite a few food companies and Hershey’s is a good one to invest in because of Halloween and Christmas.”
For their local company, the girls have also invested in Argus.
Taylor said: “We are investing in Argus because it’s a stable company that we thought would be appropriate to invest in.”
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