Semifinals Recap
The semifinal matchups concluded today. 1 Sea Limited outpaced 5 Nano-X with 66% of the votes cast to move on to the final. Voters chose to go with this year’s market favorite rather than the FDA-approval dependent Nano-X. It is always hard to compare companies, but especially when one is pre-revenue and the other has three major lines of business. I find that it sparks interesting discussions and forces us to have conviction in our stocks. Investing is about opportunity cost so we are presented with many either/or questions as investors. It is important to remember, however, that one of the options can always be “both/and.” This tends to be the way I invest. If I like two companies comparably (and likely for different reasons) I will buy them both. I own both Sea Limited and Nano-X.
In the other semifinal matchup, 3 Teladoc Health beat 7 Crowdstrike by collecting 54% of the vote. Both of these stocks have a lot of fans, but only one could move on to the final. Teladoc Health has more than doubled this year, but it has been approximately flat for the last six months. I am interested in seeing how the stock responds as the Livongo acquisition becomes more fully incorporated in the new year.
Finals Preview
The Matchup
Our final pits 1 Sea Limited against 3 Teladoc Health. This a rematch of the semifinal matchup from MultiBagger Madness. Teladoc Health won that matchup to move on to the final with 51% of the vote. Will we see a repeat this week?
I am expecting this one to be close and likely to go down to the wire. Which stock do you think will win?
The Schedule
The final matchup will last 2 days, ending on the morning of January 1st, 2021, just in time to start tracking for the new year.
Follow Along
Thanks for following along! It makes it much more fun when you all are engaged like you have been. Stay on the lookout for the polls on Twitter and keep staying interested in the stock market!
Let me know in the comments what you think of the tournament and if you own any of the semifinalist stocks!