TheStreet Ratings Again Awarded Prize for Stock Selection Excellence
November 08 2010 - 10:30AM
Business Wire
TheStreet.com, Inc. (Nasdaq: TSCM) (TheStreet.com), a leading
digital financial media company, announced today the company’s
TheStreet Ratings independent research business was anointed Best
Bearish Stock Selection in ConvergEx’s Jaywalk Independent Research
Provider Performance Awards. The award is for research
recommendations for the third quarter of 2010 and recognizes
TheStreet’s excellence around stock selection and directional
assessment of the markets.
The award marks the second consecutive quarter that TheStreet
Ratings has been recognized for Best Bearish Stock Selection and
third time in the last two years TheStreet Ratings has been
recognized by ConvergEx for stock selection excellence. In 2009,
TheStreet Ratings was recognized for Best Overall Stock
Selection.
TheStreet CEO Daryl Otte commented, “TheStreet Ratings continues
to carve an identity for itself among the leaders in the
independent research space. Ongoing recognition from ConvergEx
speaks directly to the effectiveness of the underlying
quantitative-driven methodology which drives our modeling and
recommendations.”
Otte added, “The quality of TheStreet Ratings is a notable
contributor to TheStreet’s overall marketplace position as a leader
and trusted provider of actionable investing information for active
investors.”
ConvergEx’s Jaywalk is a division of ConvergEx Research
Solutions LLC, which is owned and operated by ConvergEx Group, LLC.
ConvergEx’s Jaywalk provides its institutional investor clientele
an extensive global network of independent research providers
(IRPs) that offer a deep range of methodologies and represent
diverse geographies and sectors. The company is viewed as one of
the largest sources of independent research in existence today. The
reports deliver in-depth, unbiased and truly independent opinions,
containing the conflict-free knowledge investors need to make
effective investment decisions.
TheStreet Ratings
TheStreet.com Ratings is a primary supplier of independent,
unbiased investment research. The firm's recommendations are
derived from a quantitative model that integrates multiple factors,
including fundamental and technical inputs, as well as valuation
factors and risk assessment. This model is supplemented by
qualitative analysis from an experienced staff of analysts that
provide their insight and sector expertise.
About TheStreet.com
TheStreet is a leading digital financial media company that
distributes its content through online and mobile channels. The
Company's network includes the following properties: TheStreet,
RealMoney, Stockpickr, BankingMyWay, MainStreet and Rate-Watch. For
more information and to get stock quotes and business news, visit
TheStreet.com or through a mobile device at TheStreet.mobi.
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