Snowball Research
Each month, we deliver to our subscribers a curated list of 14-18 stocks under $5 billion market cap from the USA and Canada. We also provide weekly 13D filing updates and bi-monthly overviews of key corporate events like divestments, buybacks, M&A, etc.
How do we differ?
Unlike focusing on quantitative data, we focus mostly on "qualitative information" to filter ideas. Our process is tied heavily to plenty of reading. As such, many qualitative factors that we highlight are typically hidden in quantitative screening techniques.
In short, Snowball Research focuses on the "most ignored" section in the equity research process: narrowing down ideas from plenty of screens.
Consider “CEO change” – you can pretty much compile the list of CEOs appointed in a particular time period and apply plethora of data check to filter down the list. But what about companies that took pain in appointing a CEO who has proven track record of creating shareholder value? There is no way for a quantitative screen to pick the stock, except by “pure luck”.
This is exactly what Snowball Research focuses. We focus on a niche qualitative screens.
We focus exclusively on Idea Generation
It is not the scarcity of “money”, rather it is the scarcity of “time” which underscores the importance of idea generation.
Even if a fund manager has army of analysts and huge research budget, he is still required to “prioritize” the stock to spend time researching and thinking. Thats where “filters” play a significant role.
Our qualitative filters increases “odds” of success
Snowball Research try to focus on filtering companies where the odds of success are “high”. Sometimes we monitor companies for several months/ years before alerting it out members.
A company which has appointed a new CEO with turnaround experience increases the “odds” of executiving strategy.
A Company which has experienced a “majority Board change” and “Management change” increases the “odds” of executing the strategy outlined by the activist.
A company that emerge from accounting problems increases the “odds” of experiencing increase in stock price.
No conflict of interest
Snowball Research do not provide investment banking or investor relations or corporate finance service. Nothing clouds our judgment.
We do not undertake competing services from our clients
