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Published: Tuesday, 3/4/2014 - Updated: 5 months ago

Hot stocks get 8 of top 10 teams cooking in 1st week’s ratings

BY CHIP TOWNS
BLADE BUSINESS WRITER

The first week’s results in The Blade School Stock Contest show that having one hot stock can play a big role in a portfolio.

Eight of the top ten teams chose either J.C. Penney Co. Inc. (JCP) or Tesla Motors Inc. (TSLA) as one of their stocks. They were rewarded handsomely when the stock of both companies soared.

“Choosing any one stock at a point can be a risky venture,” said Ronald Belle, senior vice president and investment advisers division executive at Fifth Third Bank in Toledo. “Company news, cyclical timing, geopolitical developments, etc., can positively or negatively impact a stock’s short-term performance.”

A team called ADTR from Springfield High School leads the way after the first week. It was followed by mariner, from the Toledo Maritime Academy, and magicb from Bowling Green High School.

ADTR is one of several teams from Jennifer Hoel’s financial algebra class that is participating in the contest.

Ms. Hoel said her students each spent a couple weeks doing individual research on stocks they were interested in. They then joined together in teams of five students to compare their findings and choose the team’s stocks before the Feb. 14 deadline.

Ms. Hoel’s teams have had success. Last year she had teams place first, third, fourth, 12th, and 18th. In 2012, one of her teams finished seventh.

ADTR’s portfolio grew from $40,000 to $43,004 in the first week, thanks mostly to J.C. Penney, which climbed 29 percent last week.

J.C. Penney’s stock rose last week after the department retailer on Wednesday reported a profit for the fourth quarter of 2013. The profit was a relatively modest $35 million, but that compared to a massive loss of $552 million in the same quarter of 2012.

The company also issued a positive outlook for the current quarter.

The news gave investors some confidence that J.C. Penney is making strides in recovering from a botched transformation plan by its former CEO.

Five teams that chose Tesla stock are among the contest’s top ten teams. Tesla gained almost 17 percent last week.

Tesla shares surged after a Wall Street analyst from Morgan Stanley wrote in a note to investors that Tesla could not only nearly double its share of the global car market by 2028, but it also could create another lucrative business by building battery packs for energy storage.

Each of the 158 high school and junior high teams from the Toledo area was given a mythical $40,000 to split evenly among four stocks that were selling for at least $5 a share.

Midway through the 12-week contest, the teams will have one chance to exchange one or more of their stocks for another stock.

At the end of the 12-week contest, the team whose portfolio has grown the most will be the winner.

The winning team will get $250 for the students and $250 for the school. The second-place team will receive $250 for the school, and third place gets $100 for the school. Prizes may be cash or gift certificates.

The contest is sponsored by The Blade’s Newspaper in Education program, the Taylor Automotive Family, Fifth Third Bank, and the University of Toledo, which calculates the results.

“It was a very good first week,” Fifth Third’s Mr. Belle said. “Ninety percent of the teams had their portfolios increase in value. It’s going to be fun to see how each team’s portfolio performs over the next 11 weeks.”

Contact Chip Towns at: ctowns@theblade.com or 419-724-6194.

 

Trio of Springfield teams sit in top-10

Standings after Week 1 of the 12-week Blade School Stock Contest, with rank, team name, school, and portfolio total:

  • 1. ADTR, Springfield High School, $43,004.54
  • 2. mariner, Maritime Academy of Toledo, $42,788.81
  • 3. magicb, Bowling Green High, $42,627.44
  • 4. GOLD, Springfield High School, $42,615.99
  • 5. 7NINJAS, Rossford Junior High, $42,556.52
  • 6. Clay8, Clay High, Oregon, $42,550.21
  • 7. Bowties, Park Elementary, Swanton, $42,531.59
  • 8. Karats, Fallen Timbers MS, Whitehouse, $42,526.05
  • 9. Jackpot, Springfield High School, $42,404.46
  • 10. kahbobs, West Side Montessori, Toledo, $42,369.88
  • 11. SAGET22, Park Elementary, Swanton, $42,353.32
  • 12. PlumBum, Fallen Timbers MS, Whitehouse, $42,293.00
  • 13. Minions, Park Elementary, Swanton, $42,236.78
  • 14. CHASE08, Chase STEM Academy, Toledo, $42,157.38
  • 15. Legit 6, Rossford Junior High, $42,008.58
  • 16. addsubs, West Side Montessori, Toledo, $41,962.99
  • 17. ZZEBRAZ, Saint Rose, Perrysburg, $41,898.90
  • 18. TTuttle, L. Hollingworth School for the Talented and Gifted, Fostoria, $41,858.73
  • 19. 2fast4u, Park Elementary, Swanton, $41,825.23
  • 20. Team BG, Bowling Green High, $41,798.84
  • 21. BSBIS, Springfield High School, $41,755.50
  • 22. Flamngo, Bowling Green High, $41,715.76
  • 23. JJRAP, Springfield High School, $41,706.77
  • 24. FoStock, Fostoria Jr./Sr. High, $41,686.94
  • 25. THEM, Springfield High School, $41,668.69
  • 26. CTDM1, Springfield High School, $41,642.79
  • 27. CashFlo, Rossford Junior High, $41,547.31
  • 28. WeezMan, Dundee (Mich.) High, $41,477.60
  • 29. SHS386, Springfield High School, $41,376.88
  • 30. moneymm, Bowling Green High, $41,345.86
  • 31. Redmenz, Fostoria Jr./Sr. High, Fostoria, $41,330.08
  • 32. GGnoRE, Saint Rose, Perrysburg, $41,316.37
  • 33. SPOOOON, Dundee (Mich.) High, $41,265.93
  • 34. teamnah, Saint John the Baptist, Toledo, $41,265.12
  • 35. stockbo, Bowling Green High, $41,260.80
  • 36. saints, Bowling Green High, $41,256.34
  • 37. CLAY6, Clay High, Oregon, $41,238.02
  • 38. CHASE06, Chase STEM Academy, Toledo, $41,228.55
  • 39. MVCDSZS, Maumee Valley Country Day School, Toledo, $41,217.33
  • 40. Turnt, Springfield High School, $41,197.68
  • 41. AWGB7, Anthony Wayne High, Whitehouse, $41,107.61
  • 42. BetaMax, Dundee (Mich.) High, $41,102.69
  • 43. 4Saints, Springfield High School, $41,085.90
  • 44. NPGTOWN, North Point Educational Service Center, Graytown, Ohio, $41,081.94
  • 45. MOMA, Byrnedale Elementary, Toledo, $41,069.24
  • 46. MVCDSJA, Maumee Valley Country Day School, Toledo, $40,997.91
  • 47. VIPER, Springfield High School, $40,982.39
  • 48. BUCKETS, Springfield High School, $40,971.66
  • 49. Dogs101, Park Elementary, Swanton, $40,963.64
  • 50. AvenG3r, Dundee (Mich.) High, $40,939.60
  • 51. slushie, West Side Montessori, Toledo, $40,933.88
  • 52. purpleg, Saint John the Baptist, Toledo, $40,929.86
  • 53. thejerk, Saint John the Baptist, Toledo, $40,929.85
  • 54. ClayHON, Clay High, Oregon, $40,929.50
  • 55. MVCDSZB, Maumee Valley Country Day School, Toledo, $40,925.21
  • 56. CoolCat, Dundee (Mich.) High, $40,922.72
  • 57. munchie, West Side Montessori, Toledo, $40,921.43
  • 58. Mitch5, Bowling Green High, $40,909.91
  • 59. 6Loserz, Rossford Junior High, $40,906.43
  • 60. mrToms, West Side Montessori, Toledo, $40,904.54
  • 61. FA8th, Franciscan Academy, Sylvania, $40,899.22
  • 62. Bagels, Springfield High School, $40,898.82
  • 63. BaZinga, Pike Delta York Middle School, $40,869.34
  • 64. 5Shards, Bowling Green High, $40,840.75
  • 65. CCC, Dundee (Mich.) High, $40,811.86
  • 66. ganar, Bowling Green High, $40,794.53
  • 67. Manatee, Saint Rose, Perrysburg, $40,777.16
  • 68. johnsto, Bowling Green High, $40,762.75
  • 69. Pistach, Dundee (Mich.) High, $40,740.25
  • 70. SHS2, Springfield High School, $40,739.73
  • 71. Boats, Maritime Academy of Toledo, $40,728.10
  • 72. 5LOCOS, Springfield High School, $40,725.44
  • 73. Sauce, Dundee (Mich.) High, $40,716.19
  • 74. BigDawg, Dundee (Mich.) High, $40,706.77
  • 75. MVCDSNI, Maumee Valley Country Day School, Toledo, $40,699.26
  • 76. FA6th, Franciscan Academy, Sylvania, $40,681.23
  • 77. kingsto, Bowling Green High, $40,677.00
  • 78. Chiefs, Fostoria Jr./Sr. High, Fostoria, $40,676.57
  • 79. HASHTAG, All Saints Catholic School, Rossford, $40,672.47
  • 80. cosmic, Dundee (Mich.) High, $40,671.49
  • 81. FA5thL, Franciscan Academy, Sylvania, $40,646.67
  • 82. MVCDSRK, Maumee Valley Country Day School, Toledo, $40,643.38
  • 83. SHS1, Springfield High School, $40,641.61
  • 84. DA BEAN, Rossford Junior High, $40,617.26
  • 85. Destroy, Dundee (Mich.) High, $40,609.00
  • 86. magicw, Bowling Green High, $40,594.90
  • 87. PEMDAS7, All Saints Catholic School, Rossford, $40,582.32
  • 88. HEYAA, Springfield High School, $40,581.08
  • 89. votefor, Saint John the Baptist, Toledo, $40,569.66
  • 90. one, Bowling Green High, $40,565.28
  • 91. PAYROLL, Byrnedale Elementary, Toledo, $40,564.47
  • 92. swag, Bowling Green High, $40,552.79
  • 93. Trex, Fostoria Jr./Sr. High, Fostoria, $40,537.42
  • 94. MVCDSJS, Maumee Valley Country Day School, Toledo, $40,499.68
  • 95. Clay1, Clay High, Oregon, $40,498.82
  • 96. TurnUhh, Springfield High School, Toledo, $40,497.85
  • 97. gr8stok, Notre Dame Academy, Toledo, $40,497.01
  • 98. FA5thR, Franciscan Academy, Sylvania, $40,487.99
  • 99. MVCDSTF, Maumee Valley Country Day School, Toledo, $40,485.13
  • 100. BG Lexi, Bowling Green High, $40,481.99
  • 101. CHASE07, Chase STEM Academy, Toledo, $40,480.38
  • 102. SAP, SAP, Graytown, Ohio, $40,474.87
  • 103. k3cs, Bowling Green High, $40,469.12
  • 104. GROUP6, Springfield High School, $40,451.35
  • 105. CashFO5, Springfield High School, $40,448.34
  • 106. 8LHSTG, L. Hollingworth School for the Talented and Gifted, Toledo, $40,445.43
  • 107. AWGB5, Anthony Wayne High, $40,413.47
  • 108. magconb, Saint John the Baptist, Toledo, $40,408.54
  • 109. wolves, Bowling Green High, $40,404.90
  • 110. AWGB8, Anthony Wayne High, $40,401.52
  • 111. take, Bowling Green High, $40,390.91
  • 112. MVCDSLI, Maumee Valley Country Day School, $40,387.31
  • 113. Bucs, Maritime Academy of Toledo, $40,381.81
  • 114. bobKATS, Bowling Green High, $40,379.71
  • 115. FA4th, Franciscan Academy, Sylvania, $40,364.72
  • 116. FISH, Springfield High School, $40,349.34
  • 117. Pirates, Maritime Academy of Toledo, $40,347.05
  • 118. TBPN, Springfield High School, $40,336.41
  • 119. TeamAce, Springfield High School, $40,330.27
  • 120. jlas, West Side Montessori, Toledo, $40,290.94
  • 121. MeGusta, Bowling Green High, $40,272.66
  • 122. THEMOB, Springfield High School, $40,269.87
  • 123. CatFish, Saint Rose, Perrysburg, $40,256.06
  • 124. Clay333, Clay High, Oregon, $40,255.51
  • 125. mightyt, Bowling Green High, $40,243.67
  • 126. 136627, Springfield High School, $40,240.55
  • 127. bobcat1, Bowling Green High, $40,232.01
  • 128. 6GRocks, L. Hollingworth School for the Talented and Gifted, Toledo, $40,214.93
  • 129. linda, Bowling Green High, $40,196.89
  • 130. nfl1314, Bowling Green High, $40,188.28
  • 131. FA7th, Franciscan Academy, Sylvania, $40,185.33
  • 132. HOBIE, Dundee (Mich.) High, $40,179.26
  • 133. Scalywg, Maritime Academy of Toledo, $40,173.72
  • 134. Clay500, Clay High, Oregon, $40,170.34
  • 135. VolleGs, Notre Dame Academy, Toledo, $40,159.60
  • 136. CHASE05, Chase STEM Academy, Toledo, $40,158.92
  • 137. Rugrats, Springfield High School, $40,153.81
  • 138. 7LHSTG, L. Hollingworth School for the Talented and Gifted, Toledo, $40,139.70
  • 139. Nikki, Bowling Green High, $40,135.28
  • 140. Giraffe, Bowling Green High, $40,128.06
  • 141. STOCKRS, Springfield High School, $40,090.96
  • 142. Seahors, Maritime Academy of Toledo, $40,060.52
  • 143. WOLFSqd, Springfield High School, $40,056.29
  • 144. NATAS, Springfield High School, $40,046.00
  • 145. IT, Springfield High School, $40,017.16
  • 146. Shnozes, Rossford Junior High, $39,994.54
  • 147. BG Emma, Bowling Green High, $39,921.40
  • 148. TOMFORD, Springfield High School, $39,873.57
  • 149. THEMILS, Byrnedale Elementary, Toledo, $39,853.56
  • 150. OICU812, Fallen Timbers MS, Whitehouse, $39,786.95
  • 151. teampic, Saint John the Baptist, Toledo, $39,687.29
  • 152. MCMM, Byrnedale Elementary, Toledo, $39,636.49
  • 153. Welky, Rossford Junior High, $39,613.13
  • 154. betty, Bowling Green High, $39,568.76
  • 155. HOBIE 2, Dundee (Mich.) High, $39,427.35
  • 156. Risk101, Rossford Junior High, $39,222.25
  • 157. BGWolvs, Bowling Green High, $39,179.65
  • 158. TNR03, Springfield High School, $37,991.99


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