equityresearch

Showing 10-14 of 14 results
FinanceIcon ChevronFinance Processes

Will Spotify's Non-IPO Pave the Way for Tech Companies?

by Melissa Lin

This year, Spotify will move its headquarters from Manhattan's Chelsea neighborhood downtown to the Financial District. Beyond its physical presence, Spotify will also make its mark at NYSE when it goes public via direct listing, an unusual choice. What is expected to be the largest tech public debut of 2018 has set Wall Street and the music industry abuzz, with everyone eager to see how this unconventional approach will play out. This article covers everything you need to know: a brief overview of the typical IPO process, how the direct listing will function, why Spotify chose to buck tradition, potential motivations behind the decision, and its potential implications.

11 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Pearls of Wisdom - The Best Shareholder Letters Nobody Is Reading

by Elizabeth J. Howell Hanano, CFA

Equity analysts often leave out an important source of wisdom when analyzing companies—the annual shareholder letter. This article intends to elucidate the purpose and traits of good shareholder letters based on an analysis of the 601 companies in the S&P SmallCap 600 Index. The article will also direct readers to some of the best lesser-known shareholder letters to put on their annual reading list.

19 minute readContinue Reading
FinanceIcon ChevronRevenue and Growth

Amazon vs. Walmart: Bezos Goes for the Jugular With Whole Foods Acquisition

by Toby Clarence-Smith

Through its acquisition of Whole Foods, Amazon is not only likely to disrupt the grocery shopping experience but is perhaps embarking on a grander push that could change the entire retail landscape, leaving Walmart on the back foot.

14 minute readContinue Reading
FinanceIcon ChevronInvestors and Funding

Snapchat IPO: It’s All About the ARPU, Dummy

by Joe Matta

Ahead of Snap's IPO, we take a look at whether the rumoured valuation makes sense, and find that whilst overall market concerns regarding DAU growth are justified, the market is likely under-valuing the company’s ARPU growth prospects. For us, Snap is a Buy.

16 minute readContinue Reading
FinanceIcon ChevronInvestors and Funding

Getting the Most from Equity Research - Lessons from a Former Research Analyst

by Ryan Downie

Equity research provides a very useful function in our current financial markets. Nevertheless, the profession has come under fire in recent years. In this post, Toptal Finance Expert Ryan Downie details how to utilize research reports more effectively. Additionally, he outlines the equity research's main value for both sophisticated and retail investors and highlights the pitfalls of this profession, its causes, and how you should evaluate research in order to avoid these issues.

12 minute readContinue Reading

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