At the ICR Conference in mid-January, a select number of traditional sell-side analysts made calendar 2011 stock picks. Members of the apparel panel picked two stocks each and members of the restaurant panel only picked one stock.
Overall, they’ve performed well. A simple average of their stock picks have risen +8.1% versus a +1.7% increase in the RLX.
Evren Kopelman of Well Fargo is leading the apparel group (ROST/VRA) and Steve West of Stifel Nicolausis leading the restaurant group (PNRA).
We’ll continue updating the performance of these stock picks each quarter.
(Click to enlarge)