Henry Fund Research

The Henry Fund utilizes a top-down approach to research that integrates economic, industry, and company analysis. Analysts employ a variety of valuation techniques including discounted cash flow (DCF), economic value added (EVA), relative multiple (P/E, P/B, PEG ratio), and fundamental multiple analysis. Finally, all models are sensitivity tested against critical assumptions.

Analyst Sector Spring 2015 Fall 2015
Krishnakumar Bakthisaran Health Care

Medical Equipment
Baxter International Inc.
Gilead Sciences

Anika Therapeutics Inc (ANIK)
CVS Health Corp (CVS)
Telsa Motors Inc (TLSA)
Alec Davis Industrials

Delta Airlines
Waste Connections Inc.

Quanta Services Inc (PWR)
Caterpillar (CAT)
Chipotle Mexican Grill, Inc (CMG)
Bernardo Daza Financial Services

Regional Banks
C&F Financial Corporation
Glacier Bancorp Inc.

JPMorgan Chase (JPM)
Citigroup Inc (C)
Fifth Third Bancorp (FITB)
Kapil Dhingra Consumer Staples

Casey's General Stores, Inc.
Universal Corporation

Christina Erbe Telecom & Technology

Internet Publishing, Broadcasting and Search
Adobe Systems, Inc.
Hewlett-Packard Company

Verizon Communications Inc (VZ)
Alphabet Inc (GOOGL)
Stuart Hemesath Financial Services

Life Insurance
Arch Capital Group Ltd.
The Hartford Financial Services Group, Inc

Tanger Factory Outlet Centers Inc (SKT)
Invesco Ltd (IVZ)
AvalonBay Communities Inc (AVB)
Ashutosh Kumar Jha Technology

Display Technology
Activision Blizzard
Corning Incorporated

Michael Kelleher Materials & Utilities

CF Industries
UGI Corporation

American Water Works Company Inc (AWK)
Priceline Group Inc (PCLN)
Hexcel Corporation (HXL)
Jon Kerr Technology

CAE Software
Dolby Laboratories, Inc.

Apple Inc (AAPL)
Garmin Ltd (GRMN)
Linear Technology Corporation (LLTC)
Amit Shah Energy

Helmerich & Payne Inc.
Plains All American Pipeline LP

Schlumberger Limited (SLB)
Renewable Energy Group Inc (REGI)
Chevron (CVX)
Liana Tamakloe Consumer Discretionary

Auto Parts
BorgWarner Inc.
Carriage Services

Winnebago Industries, Inc (WGO)
Wynn Resorts, Limited (WYNN)
Boston Beer Co Inc (SAM)
Royce Walton Health Care

Health Care IT
Cerner Corporation
Perrigo Company PLC
STERIS Corporation

Dicks Sporting Goods Inc (DKS)
Laboratory Corp. of America Holdings (LH)
Stanley Black & Decker, Inc. (SWK)
Analyst Sector Spring 2014 Fall 2014
Catherine Carlson Technology & Telecom

Corning (GLW)
Shenandoah Telecommunications (SHEN)

Cincinnati Bell Inc. (CBB)
Adobe Systems Inc. (ADBE)
Verizon Communications Inc. (VZ)
Adam Conzemius Technology Internet Software and Services
Accenture (ACN)
F5 Inc. (FFIV)
Google Inc. (GOOG)
SanDisk Corp. (SNDK)
Activision Blizzard, Inc. (ATVI)
Qi "Alice" Cui Health Care Generic Drugs
TEVA Pharmaceuticals (TEVA)
Celgene (CELG)
CVS Health Corporation (CVS)
Mylan, Inc. (MYL)
Anika Therapeutics Inc. (ANIK)
Jarom Dilworth Materials & Consumer Discretionary Forest Products
Deltic Timber (DEL)
CF Industries (CF)
Costco Wholesale Corporation (COST)
Carriage Services Inc. (CSV)
Perrigo Company Public Limited Company (PRGO)
Michael Emgarten Industrials Waste Collection Services
Waste Connections (WCN)
Borg Warner (BWA)
Quanta Services, Inc. (PWR)
Delta Air Lines, Inc. (DAL)
Celadon Group Inc. (CGI)
Michael Fleagle Consumer Staples Tobacco Industry
Universal Corp. (UVV)
Casey's General Stores (CASY)
United Natural Foods, Inc. (UNFI)
Waddell & Reed Financial, Inc. (WDR)
Winnebago Industries, Inc. (WGO)
Guang "Chris" Jin Financial Services P&C Insurance Industry
Chubb (CB)
Allstate (ALL)
The Hartford (HIG)
Tanger Factory Outlet Centers (SKT)
AvalonBay Communities (AVB)
Jacob Johnson Technology & Health Care Communications Equipment
Cerner (CERN)
Qualcomm (QCOM)
Ansys, Inc. (ANSS)
Baxter International Inc. (BAX)
Apple Inc. (AAPL)
Karen Rubel Energy Pipeline Industry
Plains All-American (PAA)
Chevron (CVX)
Technip (TKPPY)
Cameron International Corporation (CAM)
Kate Spade & Company (KATE)
Nicholas Viner Financial Services Banking
Citigroup (C)
OFG Bancorp (OFG)
JPMorgan Chase (JPM)
C&F Financial (CFFI)
Territorial Bancorp (TBNK)
Adam Walter Energy & Utilities & Consumer Discretionary Gas Utilities Industry
UGI Corp. (UGI)
Lions Gate Entertainment (LGF)
Dick's Sporting Goods Inc. (DKS)
Helmerich & Payne, Inc. (HP)
American Water Works Company, Inc. (AWK)