Eight Teams Go Head-to-Head to Pick the Winning Stock
- Stevens Tech Traders – Stevens Institute of Technology, Investment Club
- Flash Crash Gordon – Todd Gordon, TradingAnalysis.com Founder
- Mr. Wonderful – Kevin O’Leary, reigning Stock Draft champion and “Shark Tank” Co-host
- The Beardstown Ladies – Beardstown Ladies Investment Club of Illinois
- Team Pony Express – Eric Dickerson, Pro Football Hall of Famer
- Team Seymour Alpha – Tim Seymour, Seymour Asset Management Managing Partner and CIO, and Kára McCullough, Miss USA 2017
- Team Nick the Kick’s Pix – Nick Lowery, Former NFL Kicker and Wolfgang Koester, FiREapps CEO
- Team Yes – Bethenny Frankel, Entrepreneur and Author
Flash Crash Gordon: Bitcoin (BTC)
Mr. Wonderful: Chevron (CVX)
Team Beardstown Ladies: Celgene (CELG)
Team Pony Express: Exxon (XOM)
Team Seymour Alpha: Amgen (AMGN)
Team Nick the Kick’s Pix: Amazon (AMZN)
Team Yes: General Electric (GE)
Hear former NFL kicker, Nick Lowery, and FiREapps CEO, Wolfgang Koester, give their first-round draft pick at 9:50 in the video.
Flash Crash Gordon: Nvidia (NVDA)
Mr. Wonderful: Blue Apron (APRN)
Team Beardstown Ladies: Apple (AAPL)
Team Pony Express: Anadarko (APC)
Team Seymour Alpha: Dropbox (DBX)
Team Nick the Kick’s Pix: Goldman Sachs (GS)
Team Yes: Spotify (SPOT)
Hear former NFL kicker, Nick Lowery, and FiREapps CEO, Wolfgang Koester, give their second-round draft pick at 3:08 in the video.
Flash Crash Gordon: Netflix (NFLX)
Mr. Wonderful: Boeing (BA)
Team Beardstown Ladies: Visa (V)
Team Pony Express: Oil
Team Seymour Alpha: Chesapeake (CHK)
Team Nick the Kick’s Pix: AMD (AMD)
Team Yes: Alphabet (GOOGL)
Hear former NFL kicker, Nick Lowery, and FiREapps CEO, Wolfgang Koester, give their third-round draft pick at 7:58 in the video.
UPDATE: August 29, 2018
Lowery & Koester Continue to Lead
A month later and the team still leads the pack with their stocks up a collective 53.4 percent. Tim Seymour’s team in second place trails the pair by 34.8 percent, with his stocks up 18.6 percent.
Team Nick the Kick’s Pix stock picks have quite the hefty lead. The closing price on August 29th had Amazon’s stock price up 31.63 percent from the day of the draft. AMD’s stock price has increased by 128.26 percent and Goldman Sachs was up 5.45 percent.
Lowery and Koester were strategic in choosing their draft picks, taking into account the currency exposure of each company and whether or not that company is known to manage their FX.
Koester says he looks forward to Goldman Sachs taking off when the company’s new chairman joins the board in the coming months.
UPDATE: July 23, 2018
Team Nick The Kick’s Pix Takes 1st
Lowery and Koester’s stock picks are up a collective 22 percent, putting them in the lead against the seven other teams competing in the draft, including reigning champion Kevin O’Leary.
AMD, the team’s third-round draft pick closed at 16.50 on Monday, July 23, 2018. When the pair originally picked the stock, it closed at 9.71 on April 25, 2018.
Their first-round pick, Amazon, has seen an increase in value since draft day as well.
If you remember back to the draft, Lowery and Koester made their picks based on companies that they believed would not be impacted by currency volatility, and their predictions have rung true. Knowing that each of the companies they picked are accurately managing FX gave them the confidence that Advanced Micro Devices (AMD), Amazon (AMZN) and Goldman Sachs Group (GS) would not see large hits from volatility, as many of the stocks the other teams chosen have experienced.
UPDATE: May 25, 2018
The Stevens Tech Traders and Tim Seymour, of Triogem Asset Management, joined CNBC’s Power Lunch on Friday, May 25th for an update on where each team stands.
Mr. Wonderful, Kevin O’Leary, took the lead by May 25th, with his stocks being up a collective 14 percent, as compared to Seymour – who was in the lead the previous week – whose stocks were up 13.1 percent.
Lowery and Koester’s team – Nick the Kick’s Picks – climbed up to third place, with their stock picks up by 8.7 percent.
Meanwhile, the Stevens Tech Traders were in fourth place with their picks up only 5.5 percent.
UPDATE: May 17, 2018
Kevin O’Leary was on CNBC’s Power Lunch on Thursday, May 17, to discuss the stock draft.
Team Nick the Kick’s pix, with Nick Lowery and Wolfgang Koester, continue to hold onto fourth place, with their stock picks were up a collective 7.1 percent. By May 17th, Tim Seymour’s team was in the lead with their stock picks up 14.7 percent.
UPDATE: May 3, 2018
CNBC Power Lunch had Kevin O’Leary, Shark Tank Cohost and O’Shares ETFs Chairman, give an update on the teams’ current standing in the 2018 Stock Draft Championship.
Team Nick the Kick’s Pix, consisting of members Nick Lowery and Wolfgang Koester, are in fourth place in the Stock Draft Championship. Their stock picks – Amazon, Goldman Sachs and AMD were collectively down 1.41% as of 12:30 p.m. ET on May 3, 2018.