Teddy Grandy is a Dartmouth ‘29 from Los Angeles. He plans to double major in economics and government and pursue a career in finance after graduation. He displays a strong work ethic and love for learning, which he applies to develop a deeper understanding of financial markets, and is committed to further developing the skills necessary to succeed in the field. His interest in finance is rooted in his love for economics and government, particularly in seeing how financial decisions shape broader economic and societal outcomes. Outside of class, Teddy enjoys swimming, surfing, and producing music.

Opera (OPRA) is a strong buy with 75% upside to a price target of $27.13. Opera’s niche positioning in emerging markets and focus on privacy/productivity-minded users insulates it from direct competition with giants like Google and Microsoft. The company runs an asset-light model with minimal debt and a 7.5% FCF yield, trading at just 11.0x EV/EBITDA — less than half Google’s 25.0x multiple. A DCF using 15% YoY growth, 8.8% WACC, and an 11.0x terminal multiple supports the price target. On AI, Opera’s track record of adapting to browser market shifts means AI is more likely an opportunity for revenue diversification than an existential threat.