On Monday, April 2nd, Luke Liprando pitched World Wrestling Entertainment, Inc. (NYSE: WWE) to add to the Consumer Discretionary Sector holdings. WWE is an integrated media and entertainment company and wrestling promotion. WWE’s success is driven by in-ring talent and the company’s ability to develop compelling storylines. Luke believes that WWE has established itself as a leader in the wrestling industry with operations that will allow it to grow in the future. WWE is in the process of negotiating a TV deal, which is likely to significantly boost revenues. The growth of the Women’s division, specifically the addition of Ronda Rousey, will transform the company and attract more female viewership. Luke believes that WWE is an established company with a strong leadership team that has shown the ability to take risks, adapt, and enhance the brand. The motion to purchase 100 shares of WWE and sell 15 shares of HD and 20 shares of XLY was ultimately approved by the class, with 18 in favor and 3 against.