The agenda for September 14th’s meeting came in the form of a market update, stock pitch, and Tesla update/overview.
Two freshmen, Greg Giraldo and Brett Berger, spearheaded the effort in the market update, extensively covering recent Apple news, a slew of Chinese firms including electric car maker NIO, Alibaba and Jack Mao, and Tencent, a company the club has covered before in its weekly updates. More info can be found in the actual presentation slides.
Next, Keon Modeste ’21 and Colin Evanko ’20 pitched buying Vicor, and industrial electronics firm based in Massachusetts. After an in-depth look at company financials, executives, and future promise, the club voted to buy about $7,000 worth of Vicor stock (VICR) at approximately $53/share. As always, more information can be found in the presentation.
Finally, board members Emma Bodner ’20 and Michael Frohwein ’19 took a look at Tesla’s performance and news over the last few years. The duo specifically compared Elon Musk’s seemingly erratic tweeting with drops and rises in Tesla’s stock price, as well as more broadly examining Tesla’s journey as a public company.
Take a look at the full presentation here: IC Presentation 9/14/18.