Aaron Levine ’26 and Michael Bell ’25 presented the Market Update on Friday, March 1st. The update covered the blocked Kroger acquisition and Amazon’s replacement of Walgreens in the DJIA. Other news covered included Bitcoin topping $60,000 and Birthshire Hathaway nearing a $1 trillion valuation.
Next, Lorenzo Marsili ’27, TMT Analyst Hank Skatoff ’25, and Consumer Spending Analyst Timothy Jimenez ’25 presented a CISCO Sell Pitch. The presentation highlighted the Business Model, Industry Overview, market performance, and valuation. The sell thesis centered around weak financial performance, unclear board relationships, newly issued debt rates, and poor comparative performance. The club elected to sell all shares of CISCO.
Co-President Spencer Thomas ’24 reviewed the application timeline and resources for opportunities in the upcoming summer.