Equipping Jacksonville University's most passionate business school students through networking and developing the skill-sets needed to not merely succeed in the classroom, but in the marketplace, by landing great jobs.
FIBER is back at it ready to help you pursue your passion and career goals!
If you have a hunger to learn more about the differing career path your passion for finance, accounting, and economics can take you down, then FIBER is the place to be.
We work on developing the skills needed to pursue careers in:
Sales and Trading
Financial, Planning, & Analysis (FP&A)
If you’re interested in being part of this great student group simply sign-up at the bottom and we’ll reach out to you from there!
Last year we had an amazing run and had several students land great jobs and internships in fintech, private equity, and asset management. We want you to win at your passion and want to help you get to where you want to go!
Upcoming events (dates and times TBA):
LinkedIn & Mock Interview Night – This was a huge event we had last year wherein we discussed how to begin now marketing yourself and reaching out to employers properly (probably in October).
Financial Modeling Night – Last year we had an awesome DCF presentation from Nick Appelo who recently landed a spot with a top investment bank. This year we’re hoping to have another evening of financial modeling!
Lord of the Ping – This will be a new event for us and we’re excited about it! We’ll be hosting a Ping Pong competition with cash prizes.
Annual Poker Night – This was our biggest event last year and had over 35 DCOB students and professors out for the night. We’re forecasting to top that this year!
To all those JU students who graduated over the weekend FIBER wants to say CONGRATULATIONS! You did it! We wish you all the best of luck with your next chapters in life and know JU has prepared you well!
In recent news, Perrigo’s (PRGO) current CEO Joseph Papa has announced he has left for rival company Valeant Pharmaceuticals (VRX). This news dropped the pre-market trading by 12.85% and as much as 19% at one point during the day’s session. However, the company is remains great shape fundamentally. We believe the massive drop in value today (a whopping 20% dip!) was caused by investors completely overreacting to news. Therefore, we believe this is presenting investors a great opportunity with this entry point before the stock begins to rebound.
I suggest that Verizon’s stock should be incorporated with a diversified portfolio. The company is producing resilient free cash flow with the dividend yield at 4.52%. In the previous year VZ’s management agreed on raising the dividend to 2.7%. This increased their yearly dividend to $2.26 per share, making it their ninth straight year increasing it. Last year, VZ’s free cash flow was at $21.2 billion while it paid $8.5 billion to its dividends. Therefore, their free cash flow dividend payout ratio 40%!
Since 2016, VZ’s stock have increased up to 8.1%, and the S&P 500 Index have dropped by 9.4%, while the Nasdaq Composite Index have also dropped by 14.5%. The average target price of analysts is $52.33, or slightly higher than the time of this post. However, in my opinion the stock can keep increasing steadily.
To add on to my argument, VZ remains hungry to constantly re-invest in their networks to better their future. As a result of this, their investment in the previous year have situated themselves in the driver seat to better their growth and to sustain their network leadership spot. With VZ stock being ranked second to all of 34 Russell 3000 telecommunication stocks, I recommend buying them now and especially on any dip below the $50 level.
Come one, come all Tuesday night, April 5 at 7:00 to FIBER’s DCF Valuation night!
From 7:00 – 8:30 pm FIBER is having Nick Appelo from neighboring UF’s MSF program come and do a presentation on the Discounted Cash Flow (DCF) valuation method. We will also conduct a walk-through of valuing a company from scratch and how to build a DCF model in Excel.
Who is this for?
If you’re interested in all things finance, equity research, private equity, hedge funds, M&A, and even FP&A, then this event is for you.
Who is invited?
This event is open to the general public.
Where is it at?
Jacksonville University’s Davis College of Business, Room #114
In light of the upcoming poker night FIBER is having on April 8 over at Best Bet, we wanted to make sure everyone coming and or interested received an overview of how to play Texas Hold’em Poker. Below is a clear, brief, and fun video explaining the rules. So buy your ticket, grab a drink, sit back and get your poker face on!