Each year the Cincinnati Business Courier invites local advisors to compete in a stock-picking contest. According to Steve Watkins of the Business Courier, “Contestants, which consist of 21 Greater Cincinnati investment pros plus the Courier’s own portfolio of stock picks, are asked to select a portfolio of five stocks that they expect to produce the best total return, including dividends, for 2023. At least one selection has to be a locally based company, meaning local stocks are almost always the most popular selections. Predictions [for 2023] were made by Jan. 10.”
For the 2023 contest, two Foster & Motley advisors made picks; Beth Green and Thom Guidi. You can read the 2023 kick-off article here. In early 2024, we will see how they fared!
In 2022, Rachel Rasmussen and Brad Soper both competed. Brad chose Medpace, Alphabet, Broadcom, Goldman Sachs, and Lennar, while Rachel selected Fifth Third, EOG Resources, Merck, Omnicom, and United Rentals. Rachel came in third place out of 26 participants. You can read the 2022 kick-off article here and view the full results here.
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