We are New Idea Generators
We have made a concerted effort to bring more new ideas to our subscribers. By way of example, below is a list of all the new ideas (presented by market cap at the time of publication) we have generated for our subscribers in 2011 and through our March 2014 edition of Asset Analysis Focus.
|Large Cap ($10 billion+)||Small/Mid Cap ($500 million-$9.9 billion)||Micro Cap (sub $500 million)2|
|The Allstate Corporation||Crocs, Inc.||A.T. Cross Company|
|Bed Bath and Beyond Inc.||Crown Media Holdings, Inc.3||Core-Mark Holding Company, Inc.|
|Campbell’s Soup Company||Davide Campari-Milano S.p.A.||Cowen Group, Inc.|
|The Charles Schwab Corporation||Dole Food Company, Inc.||Crown Crafts, Inc.|
|Cisco Systems, Inc. Corporation||Energizer Holdings, Inc.||Douglas Dynamics, Inc.|
|Coach, Inc.||Equifax Inc.Expedia, Inc.||Inventure Foods Inc.|
|Constellation Brands, Inc.||Expedia, Inc.||Kirkland’s Inc.|
|CVS Caremark Corporation||GNC Holdings, Inc.||Lydall, Inc.|
|Devon Energy Corporation||Hanesbrands Inc.||Martha Stewart Living Omnimedia|
|DirecTV||HealthSouth Corporation||Outdoor Channel Holdings Inc.|
|eBay Inc.||Howard Hughes Corporation||Pope Resources|
|Netflix, Inc. (short)||Legg Mason, Inc.||Winnebago Industries Inc.|
|SLM Corporation||Live Nation Entertainment, Inc.||XO Group Inc.|
|Target Corporation||Liquidity Services Inc.||—|
|Tyco International Ltd.||Mohawk Industries, Inc.||—|
|Vivendi S.A.||Staples Inc.||—|
|Vulcan Materials Company||Post Holdings Inc.||—|
|Wells Fargo & Company||Scotts Miracle-Gro Company||—|
|—||TRW Automotive Holdings Corp.||—|
|—||United Online, Inc.3||—|
|—||Whistler Blackcomb Holdings Inc.||—|
|—||W.R. Berkley Corporation||—|
1 Past performance is no guarantee of future results.
2 The micro cap names (with the exception of Douglas Dynamics)were included in Boyar’s Micro Cap Focus, a separate service offered by Boyar’s Intrinsic Value Research LLC.
Original & Independent thinking without a “coverage list.”
Our analysts are purely focused on providing our subscribers with timely investment ideas rather than maintenance research from a defined “coverage list.” While we do re-visit companies in our research universe that continue to trade well below our estimate of intrinsic value, updates for the most part however, occur only if a material event has occurred.
Since we do not have a defined “coverage list” we are able to feature opportunities such as spinoffs or topical issues that may not receive attention from traditional Wall Street research.
Our interests are aligned with our clients
We are a subscription-based service and do not rely on investment banking or trading revenue. This allows us (unlike many of our competitors) to take an unbiased and longer-term approach. We believe this aligns our interests with those of our clients.
The amount of independent and traditional sell side research is dramatically shrinking. We believe this creates more opportunities for us to identify companies that are underfollowed or misunderstood by Wall Street. This could be due to complexity (e.g. Liberty Interactive), size (e.g. Core-Mark), or lack of potential investment banking revenue (e.g. Watsco). Our independence also allows us to take incisive and often controversial positions on out of favor companies or industries such as in our annual summer issue.