Tepid week dents portfolios
2/26/2013The top four portfolios in The Blade’s Annual School Stock Contest decreased last week because of a less-than-stellar week on Wall Street.
Although the top four’s holdings lost an average of 1.6 percent, a team from Fostoria Junior/Senior High School skyrocketed from 62nd place to fifth place.
Umizomi climbed its way up because of better-than-expected financial news from Hewlett-Packard Co., which released its earnings Friday.
Hewlett-Packard’s stock rose almost 11 percent, helping Umizomi’s portfolio increase 3.78 percent to $41,861. The team’s other holdings include Mitsubishi UFJ Financial Group Inc., NIKE Inc., and Chipotle Mexican Grill Inc.
“This will provide a really nice lesson in how much you can grow or decrease in such a short amount of time. They’re going to be really surprised,” said Chad Krukemyer, the teacher of the eighth-grade students who make up Umizomi in his social studies class.
Ronald Belle, investment advisers executive and senior vice president at Fifth Third Bank, a sponsor, said Umizomi weathered the tepid week because of its diverse portfolio. The week was one of the most volatile this year, he added.
“Things were a little bit more rough than they usually are,” Mr. Belle said. “... This year we’ve seen nothing but the up side.”
On top are JD2T from Springfield High School, which rose from second place to first, switching places with Cashbag from Anthony Wayne Junior High. CashFlo, from All Saints Catholic School in Rossford, moved up from fourth to third place.
The 113 teams were given a hypothetical $40,000 budget, and the funds were allocated evenly among four stocks. The stocks initially were worth at least $5 a share. The 12-week contest runs through April 26. Participants can change their stocks on March 8.
The team with the best-performing portfolio will win $250 for the students and $250 for the school. Second place will receive $250 for the school, and third place gets $100 for the school. The contest is sponsored by The Blade’s Newspaper in Education program, the Taylor Automotive Family, Fifth Third, and the University of Toledo, which calculates the results.
Another team that rose is ATMS from Byrnedale Elementary. ATMS is in fourth place, and its portfolio is valued at $41,875. The seventh-grade students in Beth Huffman’s math class are eager to win; a group of her students took first place in the contest last year.
ATMS’ holdings include Avon Products Inc., Google Inc., Priceline.com Inc., and Microsoft Corp. Strong performances by Avon and Google have helped the team move up each week since the contest began on Feb. 4.
“We love it, but who knows?” Ms. Huffman said. “We were 81st in the first week. They went from 81st to seventh in the second week. ... Anything can happen.”
Contact Kris Turner at: kturner@theblade.com or 419-724-6103.
Standings after Week 3 of The Blade School Stock Contest, with team name, school, and portfolio amount. Each team started with a hypothetical $40,000.
1. JD2T, Springfield High, Holland, $42,748.53
2. Cashbag, Anthony Wayne Junior High, Whitehouse, $42,336.23
3. CashFlo, All Saints Catholic School, Rossford, $42,081.47
4. ATMS, Byrnedale Elementary, Toledo, $41,875.88
5. Umizomi, Fostoria Jr./Sr. High, $41,861.79
6. Kwame54, Saint Rose, Perrysburg, $41,844.20
7. Pirates, Maritime Academy of Toledo, $41,712.38
8. 2SHS, Springfield High, Holland, $41,697.03
9. Gulhaye, Bowling Green High, $41,633.92
10. CLAYed7, Clay High, Oregon, $41,602.31
11. 1SHS, Springfield High, Holland, $41,601.79
12. KRABAPS, Rossford Junior High, $41,437.58
13. Fishmth, Maritime Academy of Toledo, $41,426.71
14. Kajiger, Dundee High, $41,345.95
15. Tacvuli, Rossford Junior High, $41,343.16
16. CashCow, Anthony Wayne Jr., Whitehouse, $41,310.75
17. bops127, Arbor Hills Jr., Sylvania, $41,179.62
18. BrickSq, Bowling Green High, $41,167.04
19. McNugtz, Rossford Junior High, $41,153.14
20. Chicas, Saint Rose, Perrysburg, $41,146.16
21. Hot Fuz, Fostoria Jr./Sr. High, $41,022.23
22. LHSTG78, L Hollingworth School for the Talented & Gifted, Toledo, $40,965.10
23. AnteUp, Fallen Timbers MS, Whitehouse, $40,901.39
24. BLUCHIP, Oak Harbor Middle, $40,888.86
25. Stocker, Park Elementary, Swanton, $40,877.64
26. WHOSPM, Springfield High, Holland, $40,854.96
27. Clay.99, Clay High, Oregon, $40,847.76
28. Phoenix, Bowling Green Christian Academy, $40,803.20
29. CHSseis, Clay High, Oregon, $40,769.70
30. G Unit, Whiteford Agricultural, Ottawa Lake, $40,719.40
31. Bears, Bowling Green Middle, $40,684.35
32. lucky21, Arbor Hills Jr., Sylvania, $40,642.82
33. Blank, Bowling Green High, $40,592.27
34. 4SHS, Springfield High, Holland, $40,577.80
35. Zizzles, Bowling Green High, $40,558.27
36. BGHS2, Bowling Green High, $40,533.58
37. FatCash, Dundee High, $40,508.49
38. Nickpet, Bowling Green High, $40,440.08
39. 5SHS, Springfield High, Holland, $40,379.18
40. tpteam, Saint John The Baptist, Toledo, $40,375.11
41. THEHELP, Springfield High, Holland, $40,367.26
42. ONIFC, Dundee High, $40,363.63
43. SnrGrls, Whiteford Agricultural, Ottawa Lake, $40,354.26
44. HOBIE, Dundee High, $40,353.68
45. calairs, Saint John The Baptist, Toledo, $40,323.68
46. NoSwag, Rossford Junior High, $40,312.67
47. SABIBAS, Rossford Junior High, $40,296.86
48. GABAJ, All Saints Catholic School, Rossford, $40,231.35
49. MDMM, Byrnedale Elementary, Toledo, $40,212.54
50. 5PSNPOD, Arbor Hills Jr., Sylvania, $40,203.85
51. Bankbr2, Byrnedale Elementary, Toledo, $40,202.14
52. sfsCash, St. Francis de Sales, Toledo, $40,184.23
53. Redmen, Fostoria Jr./Sr. High, $40,173.02
54. Cemerso, Bowling Green High, $40,159.35
55. KaChing, Oak Harbor Middle, $40,155.67
56. Clay_8, Clay High, Oregon, $40,138.63
57. Quibble, Whiteford Agricultural, Ottawa Lake, $40,128.49
58. Briar, Briar Middle, Sandusky, $40,121.73
59. Pokadot, St. Pius X, Toledo, $40,076.47
60. Sclywag, Maritime Academy of Toledo, $40,075.53
61. jleader, Bowling Green High, $40,055.60
62. Pancake, Dundee High, $40,054.23
63. ChChing, Fallen Timbers MS, Whitehouse, $40,008.78
64. Team123, Dundee High, $39,996.79
65. crusher, Saint John The Baptist, Toledo, $39,980.46
66. LIGERS, West Side Montessori, Toledo, $39,910.08
67. BIZNESS, Anthony Wayne Jr., Whitehouse, $39,886.15
68. Catbobs, Bowling Green High, $39,837.69
69. Clayhs2, Clay High, Oregon, $39,834.07
70. Winners, Bowling Green High, $39,828.55
71. Golden6, Oak Harbor Middle, $39,808.03
72. Preptar, Dundee High, $39,760.21
73. Heat, Fostoria Jr./Sr. High, $39,742.75
74. BGHS72, Bowling Green High, $39,733.96
75. Moolah, Anthony Wayne Jr., Whitehouse, $39,712.38
76. butterz, West Side Montessori, Toledo, $39,706.83
77. tmJACOB, West Side Montessori, Toledo, $39,695.99
78. Hogwild, Dundee High, $39,694.04
79. MoneyMe, Park Elementary , Swanton, $39,670.19
80. NARNIA9, Springfield High, Holland, $39,652.89
81. ZACOPS2, Bowling Green Christian Academy, $39,632.32
82. Gambrel, Bowling Green High, $39,621.99
83. CashMe6, Oak Harbor Middle, $39,548.52
84. TheWall, Bowling Green Middle, $39,544.65
85. sailors, Maritime Academy of Toledo, $39,528.89
86. Lottery, Fallen Timbers MS, Whitehouse, $39,524.99
87. Kakier, Bowling Green High, $39,446.69
88. gecko, Saint John The Baptist, Toledo, $39,443.67
89. HASBULL, Pike Delta York Middle, Delta, $39,424.51
90. TEAMSHS, Springfield High, Holland, $39,359.96
91. Kaleb, Bowling Green High, $39,353.23
92. Potter, Dundee High, $39,336.79
93. BGHS1, Bowling Green High, $39,296.01
94. LHSTG6, L Hollingworth School for the Talented & Gifted, Toledo, $39,262.60
95. Bulls, Bowling Green Middle, $39,228.33
96. 5jmlllz, West Side Montessori, Toledo, $39,179.67
97. Fisher, Bowling Green High, $39,151.14
98. squirls, Saint Rose, Perrysburg, $39,081.37
99. Maybee, Dundee High, $39,061.16
100. unicorn, Bowling Green High, $39,036.44
101. Clay1, Clay High, Oregon, $39,030.46
102. CBDCKK, Dundee High, $39,024.03
103. 3SHS, Springfield High, Holland, $38,897.86
104. Copeski, Bowling Green High, $38,823.19
105. Legit, St. Pius X, Toledo, $38,674.73
106. morgan, Bowling Green Middle, $38,668.86
107. RMDC, Patrick Henry Middle, Hamler, $38,539.56
108. MX3, Park Elementary , Swanton, $38,428.29
109. tropics, Saint John The Baptist, Toledo, $38,423.67
110. CRZB, Dundee High, $38,333.33
111. Pro LSP, Saint Rose, Perrysburg, $38,269.86
112. jmorgan, Bowling Green Middle, $37,917.31
113. Gulible, Dundee High, $37,848.34
114. BIGboat, Maritime Academy of Toledo, $37,713.18
115. ADMBP1, West Side Montessori, Toledo, $37,082.77