About 21st Century Equity Research
21st Century Equity Research provides independent sell-side equity research on unique, under-followed, small and micro cap publicly-traded companies across multiple industries to institutional clients. Sales and earnings estimates are posted on the major financial websites. We also provide a continuous flow of non-published investment ideas to our institutional clients. We believe that insightful and timely analysis on our covered companies, access to management, and ongoing investment ideas represent meaningful value to our institutional clients. Our stock-picking performance was formerly monitored by the alpha capture system First Coverage until its acquisition by the TIM Group. Our 2010 final global ranking on the First Coverage platform was 12 out of 800+ sell-side analysts based on absolute return. For the first 6 months of 2011 our global ranking was 25. Our coverage performance has outperformed all the relevant benchmarks. Please see more details in the “Performance Update” section.
Our investment style is best classified as "GARP" (Growth At a Reasonable Price). We focus predominantly on scrutinizing the macro and demand-side trends which underlie the sustainability of company growth. A mosaic demand story for each company is continuously fed by data from the public domain. We tend to favor EV/EBITDA as a valuation metric in order to consider the current state of the balance sheet and cash flow potential in addition to the baseline operating metrics of the business. Most of the companies we follow have significant operations outside of the U.S.
21st Century Equity Research also provides company-sponsored research to small and micro-cap companies. Our research service includes an initiation report, quarterly updates, and special event reporting. The initiation report is a comprehensive assessment comprising an investment thesis, industry and company background, risk landscape, and financial models. We also arrange periodic meetings with institutional investors. In addition to being posted on our web site, research is also posted on First Call, FactSet, Capital IQ, Morningstar, and thesmallcapinvestor.com. Current company-sponsored research is listed below.
Aspen Group, Inc. (Ticker-ASPU) is a private, for-profit provider of online post-secondary education classes in the U.S. As of 4/30/2013 Aspen enrolled 1,875 full-time degree seeking students. Approximately 87% of these full-time students are pursuing graduate degrees. The company specializes in online MBA and MSN (Master’s in Nursing) programs.The company’s proprietary, in-house internet marketing system facilitates comparatively lower tuition offerings and consequently students rely less on federal loan assistance. Please click here for research reports.
EnerJex Resources, Inc. (Ticker-ENRJ) is a domestic onshore oil company with producing assets located in Eastern Kansas and South Texas. The company is focused on the acquisition and development of shallow oil properties with long production lives that offer abundant drilling opportunities with low risk profiles. As of December 31, 2011, EnerJex had 2.7 million barrels of proved oil reserves and it has identified more than 500 low-risk development drilling locations on its existing acreage. Please click here for research reports.
Richardson Electronics, Ltd. (NASDAQ: RELL) is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables, and customized display solutions serving customers in the RF and microwave communications, military, marine, aviation, industrial, scientific and medical markets. Please click here for research reports.
Disclaimers & disclosures
Information, opinions, or recommendations contained in the reports and updates are submitted solely for advisory and information purposes. The reports and updates are not intended to be construed as an offering or a solicitation of an offer to buy or sell the securities mentioned or discussed.Read more
Mr. Zinski has been Managing Director since October 2008 after serving as a Research Analyst with the firm. He holds a B.S. in Finance and Economics from Boston College and an M.A. in Public Policy from the University of Wisconsin-Madison. He has accumulated over 15 years of financial and accounting experience holding such titles as Portfolio Administrator, Staff Accountant, Financial Analyst, ...Read more