Congratulations to the NGI Competition 2021 Honourable Mentions!

The 2021 Next Generation Investors Competition has ended and we are proud to announce the amazing honourable mentions:

Chandni Ladva

Investing Strategy Description:

Keeping up with the day-to-day news has definitely made an impact on the way I invest. As we have recently been in a huge pandemic, I thought investing in banks would be a good idea. I also invested apple as the new iPhone 13 was coming out and Tesla stocks are known to fluctuate constantly. Aptiv shares shot up throughout summer and I short-sold other companies that I thought would drop afterwards. It helped me get an understanding about how investing in stocks and shares works and really emphasised how unpredictable the markets are and how they can get affected by anything happening in the world for example the Evergrande crisis in China.

Diva Shah and Riya Ramanlal (RDG)

Investing Strategy Description:

Our focus was on investing in stocks focused on pandemic recovery. Therefore, our initial focus was on the gambling industry, hotel industry, etc. We then added stocks related to technology because they were less likely to be affected by the spread of the virus (if anything, we anticipated higher gains). The LLY script was particularly profitable for us, however, by the end, it fell, reducing our returns. Our strategy focused on the longer run. For most stocks, we generated reports with data about their financial status, stock price for the past 3 months, recent headlines, and industry sentiment for the stock. These helped us compare particular scripts with their peers within the same industry.