This year, the Halftime Report is holding its first ever "Halftime Market Madness" stock tournament challenge. Our traders will put 64 companies across all major sectors in a head-to-head contest to find the "top stock pick" of 2016.

The "Halftime Selection Committee" initially pulled together sixteen stocks across the four regions of the actual NCAA tournament--East, West, Midwest, and South. Companies were selected based on the location of their corporate headquarters.

Our panel then began the contest by voting for their top eight stock picks in each region. After narrowing the playing field down to 32 stocks, individual match-ups were determined by 6-month performance figures.

As the action on the court continues, so too will our tournament. Each day on the Halftime Report (12pmET) our panel will debate and advance one stock.

But the road to stock picking glory won't just be walked by our desk--we need your help!

In the event of a tie, your vote on Twitter will count as the deciding vote. Before each game is played, just tweet your ticker picks to @halftimereport using the hashtag #halftimemarketmadness.

Make sure to tune into the Halftime Report each day at 12pmET to see if your pick moves ahead in the rankings.

And don't forget to check back here on CNBC.com/halftime to follow each heated debate.

Let the games begin!