Graduation Year


Date of Submission


Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts



Reader 1

Eric Hughson


This paper applies a short run event study methodology and a long run buy and hold methodology to test the performance of stock recommendations made on the CNBC show Fast Money. For both tests, I compare realized returns of sample recommendations to a benchmark meant to estimate expected returns. The results suggest that buy recommendations generate significant abnormal returns the day following the show, but holding a portfolio of these buy recommendations over the duration of a year does not provide significant abnormal returns. Clear winners and losers emerge when the recommendations of individual panelists are put to the test.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.