CANYON, Texas—The Student-Managed Investment Fund (SMIF) portfolio managers at West Texas A&M University presented their purchase decisions at the 2017 College of Business Student Symposium on May 2. The stocks selected as possible buy opportunities are:
• AutoBytel (ABTL);
• Ally Financial (ALLY);
• Apogee Enterprises (APOG);
• Bed Bath & Beyond (BBBY);
• Continental Building Products (CBPX);
• Cirrus Logic (CRUS);
• Diebold Nixdorf (DBD);
• Fox Factory Holding Corporation (FOXF);
• Huntington Ingalls (HII);
• Lyondell Basell Industry (LYB);
• Motorola Solutions (MSI);
• Nexstar Broadcasting (NXST);
• Douglas Dynamics (PLOW);
• Scott Miracle-Gro (SMG);
• Constellation Brands (STZ);
• TAL Education Group (TAL); and
• Teradata Corporation (TDC).
Owing to a combination of performance and donations, the SMIF current market value is more than $1,186,265. During the prior year, the equity portion of the SMIF increased in line with the S&P 500 index. With a beta close to one, the SMIF performed slightly better than the market for the last five years. The fund is a blend with about 30 percent in growth, 35 percent in value and 35 percent in core. The majority is in large-cap stocks, with about 20 percent in large-cap growth, 20 percent-25 percent in large-cap value, and 20 percent-25 percent in large-cap core. The largest sector weights are information technology (18 percent), financials (14 percent), consumer staples (12 percent), consumer cyclical (11 percent) and industrials (11 percent).
Through the SMIF, finance majors at WTAMU explore applied investing. Students manage a portfolio of funds and decide on stocks to purchase and sell with a goal of long-term growth. They learn investment fundamentals, valuation techniques and technical analysis. All finance majors explore one or more investment opportunities, which are forwarded to the student portfolio managers for consideration. Portfolio managers attempt to meet the dual objectives of increasing the long-run value of the portfolio combined with the short-run objective of providing student scholarships.
The following are the 2017 Student Portfolio Managers.
San Diego, Calif.
The 2017 SMIF scholarship awards range from $1,000 to $2,000 per student. The following students are 2017 scholarship winners.
Emily Gross, MS Computer Information Systems
Shane Dockery, MBA Management
Anastasia Rademaekers, MS Finance and Economics
Marcus Braswell, BBA General Business
Marlene van Mourik, BBA Management
Samyah Marcellin, MS Finance and Economics
Cinthya Carrera, MBA Healthcare Management
Edgar Garcia, BBA Accounting
Jelina Fernando, BBA Marketing
Fort Collins, Colo.
Ryan Quaid, BBA Finance
Zach McCauley, BBA Finance
Niall Pratt, MS Finance and Economics
Carter James, MS Finance and Economics
Chase Holt, BBA Management
Mohamad Chaudhry, MS Finance and Economics
Sydney Walton, BBA Management
Selena Batiste, BBA Accounting
Pedro Dos Santos, BBA Management
Heather Grebin, BBA Marketing
Sergey Nyrkov, MS Finance and Economics
Ngan Dao, MS Finance and Economics
Veronica Carrillo, MS Finance and Economics