Looks Like JACK's 15 Minutes Are Already Up
This week's Value Investing Congress included a presentation from Ryan Fusaro, a 27-year-old analyst who won the Value Investment Challenge. That contest had attracted 110 stock ideas from all comers, and a panel of unnamed money managers was tasked with narrowing these down to three finalists. In American Idol fashion, the public then selected Mr. Fusaro, and his choice of Jack in the Box (JACK), as the competition's winner.
Business Insider said he "wowed" everyone with this amazing find. He placed a $57 target on Jack in the Box, whose shares closed Tuesday at $27.40, and his investment thesis is detailed in the linked story above....205 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
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