Pretend that you have been hired as a financial analyst. Your responsibility as a new analyst is to scour the universe of stocks and find a new equity security to add to the portfolio. You will need to write an investment recommendation report to sell your idea to the portfolio manager. Remember that an investment recommendation is essentially the opinion of the analyst. The exact contents of the report will be left to the discretion of the analyst, but the overall goal is to sell the idea. The analyst may use any of the tools learned throughout the semester as well as any other tools the analyst sees fit (stuff we did not explicitly learn in class). The idea is to be creative, but also do a good job at convincing your boss to purchase the security. Please remember that while an investment recommendation is an opinion, it still has to be supported by facts. Possible items to include: 1. A description of the company, management, etc. 2. A Top-down macro-economic analysis with both a discussion of the global and domestic macro-economic outlook. 3. Industry analysis: How is your firm positioned in the industry? Where is the industry in the life-cycle? How competitive is the industry? Porters 5 forces? Etc. 4. Stock screen? If you used a screening procedure then include a brief description of your screening methodology. 5. Absolute or Relative valuation or both—Why did you choose to use the method you are using and why? If you choose a particular valuation model, then explain why that model is a good fit for your valuation purposes. Make sure to also provide a thorough documentation of the assumptions underlying the estimation of the inputs as well as a justification for each. 6. Executive summary providing a detailed summary of your recommendation and the main factors influencing that decision.