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Ockham Recognized for Second Quarter Performance
Tuesday, July 27, 2010
by Ockham Research Staff of Ockham Research
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We are pleased to announce the Bank of New York’s ConvergEx has selected Ockham Research to receive its Best Bullish Stock Selection Award for the second quarter 2010. BNY’s Jaywalk platform is the best  measuring stick for independent research shops, and we are very pleased to be recognized for our work over the last quarter. We are grateful for this award and will strive to win more in the future.
In case you are wondering, the criteria for our selection reads as follows, “Best Bullish Stock Selection, which identifies IRPs whose buy calls most outperformed their coverage, scaled by their aggressiveness in making bullish recommendations.” (link to press release) In short, we were correct on our bullish calls more than the multitude of other research firms that submit their picks and ratings to the platform according to third party auditors Abacus Analytics. For a quarter that was generally very bearish for the stock market (the S&P 500 fell about 12%), we are extremely proud that our valuation methodology held up as well as it did in those turbulent months.
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About the author
Ockham Research is an independent equity research provider based in Atlanta, Georgia. Security analysis at Ockham Research is based upon the principle known as Ockham's Razor, named for the 14th-century Franciscan friar, William of Ockham. The principle states that a useful theory should utilize as few elements as possible, because efficiency is valuable. In this spirit, our goal is to make the investing environment as simple and understandable as possible, yet no simpler than is necessary. We utilize this straightforward approach to value over 5500 securities, with key emphasis given to the study of individual securities' price-to-sales, price-to-cash earnings and other historical valuation ranges. Our long term value investing methodology is powered by the teachings of Ben Graham and it has proven to be very adept at identifying stock prices that are out of line with fundamental factors. Ockham Research provides its research in a variety of forms and products including our company specific reports, portfolio analytics tools, newsletters, and blog posts. We also offer a white labeling research solution that can give any financial services firm their own research presence without the time and cost associated with building such a robust coverage universe of their own. Please visit Ockham Research for more information or sign up for our weekly Enterprising Investor's Guide Newsletter here. |
