Editor's Note: We're keeping it light in this weekend edition of Money & Markets Daily. With the Olympics wrapping up on Sunday night, our partners at Banyan Hill Publishing had to ask: "Who would win the Silly Stock Ticker Olympics?"
There's some stiff competition for the gold medal below. But if you think they missed a dark horse ticker, email us at Feedback@MoneyandMarkets.com to let us know.
And make sure you're subscribed to Banyan Edge here. This free daily newsletter is chock-full of market analysis that will help hone your investing craft — and have some fun along the way! You may even recognize a face or two…
Let's settle the score!
— Money & Markets Team
The Silly Stock Ticker Olympics |
Money & Markets Daily,
This year’s Summer Olympic Games had it all.
We saw the performance of a lifetime from American gymnast Simone Biles…
American runner Noah Lyles won gold in the 100m dash with an insanely slim .005 second margin of victory…
And Turkish shooter Yusuf Dikec became a meme for his casual, “hand-in-pocket” approach to taking home Olympic Silver:
So in that same Olympic spirit — the spirit of fraternity, respect and friendly competition — we’ve decided to host Banyan Hill’s first-ever “Silly Stock Ticker Olympics.”
The rules are simple…
We’re looking for eye-catching, silly stock tickers.
The kind of tickers that add a little character and jump off the screen at you. Nothing too corny. No profanity.
We’re looking for tickers with just the right amount of personality. Because the right stock ticker can help you get noticed in a competitive industry. And it’s also a clever way to communicate your company’s culture to investors.
So let’s start the countdown from the bottom step of the podium:
Bronze Medal: Harley Davidson (NYSE: HOG)
Harley guys and gals, and bikers in general, aren’t usually known for their sense of humor. Especially not on the road.
But the company’s ticker “HOG” is a playful reference to the bike’s nickname. And the name certainly fits. Harleys are noisy, messy, expensive burdens that some people simply can’t bear to live without.
We feel the exact same way about bacon.
Harley’s playful ticker also helps remind investors of how much fun they can have on their two-wheelers. For that, we give HOG the bronze.
Silver Medal: Sleep Country Canada Holdings (TSE: ZZZ)
There’s no shortage of clever tickers out there. EAT, CAKE, LUV (which sounds like it would make a great novel). These tickers are good for a chuckle and they’re easy to remember. But it’s really difficult to pick a winner here, because they’re almost all equally silly.
At the end of the day, we chose to reflect the open and international nature of the Silly Stock Ticker Olympics by giving the silver to our Canadian friends at Sleep Country. We know this is a controversial decision. But it wouldn’t be the Olympics without a scandal or two.
And the Gold Medal Goes to…
DMC Global (Nasdaq: BOOM)
This one really speaks for itself. You can’t help but give it a little chuckle.
DMC Global runs a hopelessly complicated, highly specialized business. Explaining the company’s operations would be dull enough to put an accountant to sleep. But they’re also experts in the world of explosion-welding.
And now, the company’s ticker explodes off the screen every time it slides by.
That will be all for this year’s Silly Stock Ticker Olympics! We tried to get Snoop Dogg to officiate our closing ceremony but he was already double-booked.
Have a great weekend!
Your Banyan Edge Team
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