SAN FRANCISCO, 3 June, 2010 - ThinkEquity LLC – A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, has initiated on several new consumer stocks, bringing the total number of stocks under coverage in the sector to almost 40.
Executive Vice President of ThinkEquity, Deepak Raj, said: “The consumer/retail sector is fast-paced and highly dynamic and ThinkEquity is building a strong presence in it. We have initiated coverage on five new companies this week, with more to come in the coming months.
The new stocks under coverage, under the leadership of Mark Mandel, who has more than 25 years experience in the sector, are:
• Advance Auto Parts, Inc. (AAP)
• AutoZone, Inc. (AZO)
• Big Lots, Inc. (BIG)
• Coach, Inc. (COH)
• O'Reilly Automotive, Inc. (ORLY)
“The virtualization of commerce has changed the way that vast numbers of consumers select and purchase goods and services,” Mr. Raj continued.
“From the companies that invent new technology to aid e-commerce to the companies that sell goods and services in the on-line world, ThinkEquity is helping the investment community understand the relevance of the sector and to identify buying and selling opportunities. We look for strong, well-established retailers with high profitability and growing market share, as well as growth companies who understand the changing dynamics of e-commerce.”