Alan Brochstein, CFA
Contrarian, growth at reasonable price, management change, cannabis stocks

Envestnet: A Smart Way To Play The Re-Engagement Of The Individual Investor

Envestnet (NYSE:ENV), which has a market cap of just $440mm, is a highly successful company focused on helping the independent investment advisor. It touches over $347 billion in assets, and its business model as a platform is highly compelling for its recurring revenue and stickiness. Strong management with skin-in-the-game and a long-term oriented strategy is likely to continue to build shareholder value. A series of strategic acquisitions that temporarily slowed EPS growth in 2012 and the overhang of a likely equity offering ahead of approximately 1/4 of the shares (from existing shareholders) have created a potentially attractive entry for new investors.

Company Description

ENV, based in Chicago, was formed in 1999 and is now one of the largest...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details