Research Performance – Sector Returns

0

New York – One of the granular elements of the Investars performance data is the sector recommendation returns. For any given quarter, these returns reflect a wide range of top firms. As can be seen from the table below, the top firms in each of the categories tend to generate outsized returns in that sector. For example, the top performer in the Resources sector was SunTrust Robinson Humphrey, with a return of 83.3% in the year ended December 31, 2006.

There were a significant number of firms that excelled in multiple sectors. In the quarter ended December 31, 2006. There were fully 13 companies that appeared in the top five among more than one sector, as listed below (In no particular order):

  • FutureAlpha.com
    • Resources
    • Consumer Cyclical
  • Market Profile Theorems
    • Resources
    • Utilities
  • Deutsche Bank
    • Resources
    • General Industries
  • BB&T Corp
    • Basic Industries
    • IT
  • DA Davidson
    • Basic Industries
    • General Industries
    • Utilities
  • Janney Montgomery Scott
    • General Industries
    • Non-Cyclical Services
  • Merrimann Curhan Ford
    • General Industries
    • Cyclical Services
  • Taglich Brothers
    • General Industries
    • Non-Cyclical Consumer
    • Financial
    • IT
  • Wedbush Morgan
    • Consumer Cyclical
    • Non-Cyclical Consumer
  • Roth Capital Partners
    • Non-Cyclical Consumer
    • Cyclical Services
  • Hilliard Lyons
    • Cyclical Services
    • Financial
  • MVest Management
    • Basic Industries
    • Cyclical Services
  • Boenning & Scattergood
    • Utilities
    • IT

Top honors go to Taglich Brothers for hiting the top 5 in four sectors.

Top Five Firms in Overall Returns by Sector

Investars Data for ended December 31, 2006

(Basis Points Per day)

Resources SunTrust Robinson Humphrey

48.4

FutureAlpha.com

37.4

Market Profile Theorems

19.3

Channel Trend

17.9

Deutsche Bank

17.3

Basic Industries FBR

53.4

Raymond James

21.6

BB&T Corp

20.3

DA Davidson & Co

18.0

MVest Management

17.6

General Industries DA Davidson & Co

50.3

Janney Montgomery Scott

35.6

Merriman Curhan Ford

20.0

Taglich Brotthers

17.5

Deutsche Bank

17.2

Consumer Cyclical CIBC World Markets

83.2

BMO Nesbitt Burns

26.0

Wedbush Morgan

21.1

Robert Baird

20.3

FutureAlpha.com

15.6

Non-Cyclical Consumer Punk & Ziegel

7.08

Wedbush Morgan

59.3

Roth Capital Partners

35.5

Taglich Brothers

34.8

Ladenburg Thalmann

32.7

Cyclical Services Merrimann Curhan Ford

68.1

Hilliard Lyons

24.3

Roth Capital Partners

22.8

MVest Management

16.7

Pacific Growth Equities

15.67

Non-Cyclical Services First Albany Capital

55.7

When2Trade

28.8

Share.

About Author

Leave A Reply