B. Riley Asset Management Acquires Rights to Manage Dialectic Hedge Funds
- Press Release
#2 Linda Bolton Weiser
Industry covered: Household & Personal Products
Sticking with Estee Lauder (EL) as a buy rating through the whole year: company posted upside earnings surprises as the turnaround under new CEO Fabrizio Freda continued--stock was a significant outperformer.
I didn't have any really bad calls in 2011, but I regret missing the run from $11 to $16 that Newell Rubbermaid (NWL) had from early October 2011 to the end of the year.
Still high growth in emerging markets for consumer product companies that have high exposure there, especially the direct sellers (Herbalife, Tupperware). Consumers seeking health and wellness and related products. Products for the aging demographic and obesity.
Companies are less open with sell-side analysts and grant fewer meetings with operating managers, so analysts have to seek data points apart from the companies themselves, like channel checks/store visits. Also, more companies are moving away from giving guidance, which creates opportunities in stocks for diligent analysts who can accurately estimate earnings.
True Grit, Survivor, Deep Dive
The Winning Analysts: #3: Jeff Van Sinderen
Company: B. Riley & Co.
Industry covered: Retailers: Broad Line & Apparel
The Winning Analysts: #4 Ben Pang
Industry covered: Semiconductor-Equipment Manufacturing
For Linda Bolton Weiser,well-placed bets on a few turnaround efforts by such companies helped her land the No. 1 spot in the household and personal-products sector.Continue Reading >
In the recently released Wall Street Journal’s 19th Annual Best on the Street survey, B. Riley analyst Kevin Liu took the #1 spot in the Software category and analyst Dave Kang placed #2 in the Telecommunications Equipment category.Continue Reading >