N@N

OPY, NMR, ITG, GS, GHL, MS, Finance-Investment Brokers Stocks Undervalued

^{Published on 2011-05-19 07:20:52 - WOPRAI}
 

May 19, 2011/ M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring the Finance-Investment Brokers sector and these stocks are the most undervalued as of today. OPPENHEIMER HOLDINGS-CL A (NYSE:OPY), NOMURA HOLDINGS INC-ADR (NYSE:NMR), INVESTMENT TECHNOLOGY GROUP (NYSE:ITG), GOLDMAN SACHS GROUP INC (NYSE:GS), GREENHILL & CO INC (NYSE:GHL), MORGAN STANLEY (NYSE:MS) are all expected to go Up as they are Undervalued according to industry standard valuation metrics. The valuation model employs a three-factor approach to stock valuation using fundamental variables--the company's trailing 12-month Earnings-Per-Share (EPS), the analyst consensus estimate of the company's forecasted 12-month EPS, and the 30-year Treasury yield--to create a highly accurate reflection of a company's fair value.

The chart below displays the projected Fair Value and Valuation discount/premium of the most undervalued stocks in the highlighted industry group:

     Symbol     Company Name                        Last Close     Fair Value     Valuation                   Industry               
     OPY        OPPENHEIMER HOLDINGS-CL A           $29.09         $33.50         13.20% Undervalued          Finance-Investment Brokers
     NMR        NOMURA HOLDINGS INC-ADR             $4.91          $7.67          36.00% Undervalued          Finance-Investment Brokers
     ITG        INVESTMENT TECHNOLOGY GROUP         $15.30         $19.33         20.80% Undervalued          Finance-Investment Brokers
     GS         GOLDMAN SACHS GROUP INC             $140.84        $168.22        16.30% Undervalued          Finance-Investment Brokers
     GHL        GREENHILL & CO INC                  $55.67         $68.92         19.20% Undervalued          Finance-Investment Brokers
     MS         MORGAN STANLEY                      $24.37         $27.81         12.40% Undervalued          Finance-Investment Brokers

Here are some of the variables that are utilized when calculating the Fair Market Valuation of a stock: Long-run EPS growth rate, Duration of Business-growth-cycle, Volatility of EPS growth rate, Systematic or beta risk of the firm, Correlation between the firm's EPS and the interest rate environment, EPS growth volatility, Dividend payout ratio, Buffer earnings, Interest rate related criteria: Interest rate (30 year yield) long-run level, Duration of interest rate cycle, Interest rate volatility. The Fair Market Valuation uses 12-month historic and forecasted EPS values and the current 30-year treasury yield as primary determinants. When calculating risk/return values such as the Sharpe ratio, the historic periods used are five years.

Some expected results of the Valuation Model are: the valuation of a stock increases in a declining interest rate environment. Increasing current and/or projected EPS will produce a higher Valuation. While long-term EPS growth would produce a corresponding long-term Valuation increase, concomitant long-term interest rate increases would offset EPS growth and depress the Valuation. The shorter a company's own business cycle, the higher its stock Valuation will be.

OPPENHEIMER HOLDINGS-CL A (NYSE:OPY) - Oppenheimer Holdings Inc., through its subsidiaries, operates as a middle-market investment bank and full service broker-dealer. It offers full-service brokerage services covering various investment alternatives, such as exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts. The company also provides financial and wealth planning services; margin lending; securities lending; and online equity investing and discount brokerage services. In addition, it offers asset management services for equity, fixed income, large-cap balanced, and alternative investments offered through vehicles, such as privately managed accounts, and retail and institutional separate accounts. Further, the company provides strategic advisory services and capital markets products; institutional equity sales and trading; equity research; equity options and derivatives; convertible bonds; and event driven sales and trading services. Additionally, it trades in non-investment grade public and private debt securities, mortgage-backed securities, sovereign and corporate debt, as well as distressed securities; provides fixed income research, public finance, and municipal trading services, as well as involves in proprietary trading and investment activities. The company also participates in loan syndications and operates as underwriting agent in leveraged financing transactions; trades syndicated corporate loans in the secondary market; offers various trust services; and provides mortgage services to developers of commercial properties. Oppenheimer Holdings primarily offers its services to high-net-worth individuals and families, corporate executives, small and mid-sized businesses, endowments and foundations, and institutions worldwide. The company was founded in 1977 and is headquartered in New York, New York.

NOMURA HOLDINGS INC-ADR (NYSE:NMR) - Nomura Holdings, Inc. provides financial services in Japan and internationally. The company operates in three divisions: Retail, Wholesale, and Asset Management. The Retail division primarily offers investment consultation services to retail clients. This division also offers various financial instruments, such as stocks, debt securities, investment trusts, and variable annuity insurance products for the short, medium, and long term. As of March 31, 2010, it operated a network of approximately 172 branches. The Wholesale division engages in the fixed income and equity trading, and asset finance businesses. It offers debt securities, foreign currencies, and commodities, as well as related derivatives; and equities and equity-linked derivatives; and enables clients to raise capital through real estate and asset securitization, financing, and other solutions. This division also provides mergers and acquisition advisory, corporate finance solutions, and merchant banking services. In addition, it underwrites a range of securities and other financial instruments, which include stocks, convertible and exchangeable securities, investment grade debt, sovereign and emerging market debt, high yield debt, structured securities, and other securities in various financial markets primarily in Asia and Europe. This division serves corporations and institutional investors, as well as retail and asset management clients. The Asset Management division involves in the development and management of investment trusts. It also provides investment advisory services to public pensions, private pensions, governments and their agencies, central banks, and institutional investors. The company serves individuals, corporations, financial institutions, governments, and governmental agencies. Nomura Holdings, Inc. was founded in 1925 and is headquartered in Tokyo, Japan.

INVESTMENT TECHNOLOGY GROUP (NYSE:ITG) - Investment Technology Group, Inc. operates as an agency brokerage and financial technology company in the United States, Canada, Europe, and the Asia Pacific region. Its offerings include portfolio management, pre-trade analytics, trading solutions, and post-trade solutions. The companys portfolio management solutions comprise ITG Opt, an equity portfolio optimizer; ITG Compliance, a comprehensive monitoring, control, and reporting solution; and ITG Fair Value, an independent service that helps mutual fund managers meet their obligations to investors and regulators. Its pre-trade analytics solutions include ITG Logic, a pre-trade analysis tool that provides traders and portfolio managers with the means to measure expected transaction and opportunity costs; and ITG Data Analytics, a suite of transaction cost estimates, data analytics, and a set of risk models. The companys trading solutions consist of Triton, a multi-asset EMS execution management system (EMS); Radical, a broker-neutral single-stock trading system; ITG Matrix, a direct access EMS; Macgregor XIP, an order management system (OMS); ITG Channel that provides traders with an integrated link to ITG liquidity from the trade blotter of third-party EMSs and OMSs; ITG Net, a global financial communications network; ITG Algorithms and ITG Routers that offer portfolio managers and traders a way to trade orders; and the POSIT suite, which provides anonymous matching of non-displayed equity orders to minimize market impact and provide opportunities for price improvement. Its post-trade solutions comprise a suite of post-trade reporting and analytical tools, such as ITG Post-Trade Analytics, ITG Trade Ops; and ITG Single Ticket Clearing to improve investment performance. The company also offers institutional broker-dealer services; and pre-and post-trade analysis, fair value, and trade optimization services. The company was founded in 1983 and is headquartered in New York, New York.

GOLDMAN SACHS GROUP INC (NYSE:GS) - The Goldman Sachs Group, Inc., together with its subsidiaries, provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory, including advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense, risk management, restructurings, and spin-offs; and underwriting securities, loans and other financial instruments, and derivative transactions. The companys Institutional Client Services segment provides client execution activities, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as commissions and fees from executing and clearing institutional client transactions on stock, options, and futures exchanges worldwide. This segment also engages in the securities services business providing financing, securities lending, and other prime brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, and power generation facilities. This segment also involves in the origination of loans to provide financing to clients. The companys Investment Management segment provides investment management services and investment products to institutional and individual clients. This segment also offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services to high-net-worth individuals and families. It also provides global investment research services. The company was founded in 1896 and is headquartered in New York, New York.

GREENHILL & CO INC (NYSE:GHL) - Greenhill & Co., Inc. operates as an independent investment bank. The company focuses on providing financial advice on mergers, acquisitions, restructurings, fund placement, financings, and capital raisings to corporations, partnerships, institutions, and governments. It acts for clients located worldwide from its offices in New York, London, Frankfurt, Tokyo, Toronto, Chicago, Dallas, Houston, Los Angeles, and San Francisco. The company was founded in 1996 and is headquartered in New York, New York.

MORGAN STANLEY (NYSE:MS) - Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. It operates in three segments: Institutional Securities, Global Wealth Management Group, and Asset Management. The Institutional Securities segment offers financial advisory services on mergers and acquisitions, divestitures, joint ventures, corporate restructurings, recapitalizations, spin-offs, exchange offers, and leveraged buyouts and takeover defenses, as well as shareholder relations, capital raising, corporate lending, and investments. This segment also engages in sales, trading, financing, and market-making activities, including equity trading, commodities, and interest rates, credit, and currencies, as well as financing services, such as prime brokerage, consolidated clearance, settlement, custody, financing, and portfolio reporting services. The Global Wealth Management Group segment provides brokerage and investment advisory services covering various investment alternatives comprising equities, options, futures, foreign currencies, precious metals, fixed income securities, mutual funds, structured products, alternative investments, unit investment trusts, managed futures, separately managed accounts, and mutual fund asset allocation programs; education savings programs, financial and wealth planning services, and annuity and insurance products; credit and other lending products; cash management services; retirement services; and trust and fiduciary services. The Asset Management segment offers products and services in equity, fixed income, and alternative investments, such as hedge funds, fund of funds, real estate, private equity, and infrastructure to institutional and retail clients through proprietary and third party distribution channels. This segment also involves in investment and merchant banking activities. The company was founded in 1935 and is headquartered in New York.

About BUYINS.NET

BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

Friction Factor -- market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements"

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO

INVESTMENTS & TRADING

SqueezeTrigger -- 29 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.

Contact:

BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net