Consensus views rarely are helpful to investors. We understand the important role that quality research plays in the institutional brokerage process. At Sterne Agee, we offer original perspectives, deep insight and innovative trend analysis that distinguishes our firm in the marketplace.
We seek to find the differentiated thesis and communicate our high-conviction investment calls to our investors. We do not seek to be controversial for its own sake, but we are not afraid of being out of consensus when sophisticated analysis warrants it.
Our research group uses a highly disciplined focus on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and growth opportunities. We closely examine fundamentals and deeply analytical models.
We take a “buy-side” approach to analyzing our stock universe and weight them against market valuations. We assess how effectively a company's managers deploy the capital entrusted to them, not only in our published research but also when making recommendations to clients.