WALTHAM, Mass.--(BUSINESS WIRE)--Battle Road Research www.battleroad.com, an independent voice on technology and consumer stocks, recently added the 180th stock to The Battle Road IPO Review, a monthly screen for new ideas from a universe of over 180 growth-oriented IPOs of the last seven years.
Inspired by a prominent portfolio manager who sought Battle Road’s assistance in seeking out companies with sustainable competitive advantages –and reasonable valuations—from among the many companies which have come public in recent years, The Battle Road IPO Review has grown to comprise a unique universe of more than 180 software, internet, hardware, cyber security, consumer, and business services stocks with a median market capitalization of $1.1 billion.
“Our clients use The Battle Road IPO Review to screen for new ideas from an independent source, free from the influence of company management and broker dealers who may slant their research conclusions in favor of the companies they have taken public, or ones which they aspire to represent,” according to Ben Z. Rose, president of Battle Road Research. “Our clients can identify broken IPOs which have fallen off Wall Street’s radar, track over-heated IPOs prior to their pull-backs, benefit from a reservoir of timely statistical data, and screen for meetings with company management at investor conferences,” said Rose.
The Battle Road IPO Review also contains a list of favorite stocks selected by Battle Road based on proprietary criteria related to valuation and earnings quality. This list of stocks, dubbed the Exploration List, has become a key resource for Battle Road clients. “The median performance of stocks on The Battle Road IPO Review Exploration List has exceeded the median stock performance of the coverage universe as a whole in 15 of the last 21 months, and the cumulative median performance is greater than twice that of the coverage universe during the same timeframe,” said Rose.
“We look forward to expanding and improving The Battle Road IPO Review with input from our valued clients who have entrusted us to assist them in their search for stocks to buy and stocks to avoid,” said Rose. Additional information may be found at www.battleroad.com.