Research

The Henry Fund utilizes a top-down approach to research that integrates economic, industry, and company analysis. Analysts employ a variety of valuation techniques including discounted cash flow (DCF), economic value added (EVA), relative multiples (P/E, P/B, EV/EBITDA ratio), and fundamental multiple (DDM) analysis. Finally, all models are sensitivity tested against critical assumptions.

2021 Research

Analyst Sector Spring 2021 Fall 2021
Raymund Boltron Health Care Managed Care
Humana (HUM)
IDEXX Laboratories (IDXX)
Johnson & Johnson (JNJ)
Marsh & McClennan (MMC)
Medtronic plc (MDT)
Matthew Hodges Energy, Industrials & Utilities Agricultural Equipment
AGCO Corp. (AGCO)
The Toro Company (TTC)
Ameren Corp. (AEE)
Renewable Energy Group (REGI)
NextEra Energy (NEE)
Jacob Kammerer Communications Digital Advertising
Facebook (FB)
Netflix (NFLX)
CVS Health Corp. (CVS)
The Walt Disney Co.(DIS)
Alphabet (GOOGL)
John (Jack) Moore Consumer Discretionary Quick Service Restaurants
McDonald's (MCD)
Starbucks (SBUX)
Amazon.com (AMZN)
The Home Depot (HD)
MasTec Inc. (MTZ)
Yasmine Nosair Financial Services & Real Estate Industrial REITs
Prologis (PLD)
CME Group (CME)
JPMorgan Chase (JPM)
Moody's Corp. (MCO)
SVB Financial Group (SIVB)
Fangxing Wei Technology IT Services: Government
Leidos Holdings (LDOS)
Salesforce.com (CRM)
Intel (INTC)
Microsoft (MSFT)
Tyson Foods (TSN)
Jack Wells Technology Networking Equipment
Cisco Systems (CSCO)
Accenture plc (ACN)
Apple (AAPL)
Visa (V)
Waste Connections (WCN)
XianXi Yang Consumer Staples & Materials Diversified Chemicals
Eastman Chemical (EMN)
Air Products & Chemicals (APD)
Constellation Brands (STZ)
Sally Beauty Holdings (SBH)
Walmart (WMT)

2020 Research

Analyst Sector Spring 2020 Fall 2020
Megann Bohlken Technology Intel (INTC)
Microsoft (MSFT)
Cloud Computing
Salesforce.com (CRM)
Leidos Holdings (LDOS)
Accenture (ACN)
Michael Carr Health Care Humana (HUM)
Medtronic (MDT)
Cardiovascular Devices
Regeneron Pharmaceuticals (REGN)
CVS Health (CVS)
Johnson & Johnson (JNJ)
Jintao He Materials & Industrials The Toro Company (TTC)
Waste Connections (WCN)
Waste Services


Ruotian Kang Energy & Utilities Xcel Energy (XEL)
NextEra Energy (NEE)
Renewable Energy


Cooper LaRue Communications Electronic Arts (EA)
Facebook (FB)
Digital Advertising
Walt Disney (DIS)
Alphabet (GOOGL)
MGM Resorts (MGM)
Jocelyn Liu Financial Services CME Group (CME)
Visa (V)
Payment Processing
Moody's Corp. (MCO)
JPMorgan Chase (JPM)
Expedia Group (EXPE)
Willow Miller Consumer Staples & Real Estate Prologis (PLD)
Walmart (WMT)
Warehouse Retail
Rexford Ind. Realty (REXR)
Monster Beverage (MNST)
Tyson Foods (TSN)
Jack Simpson Consumer Discretionary Nike (NKE)
Starbucks (SBUX)
Retail Coffee
McDonald's (MCD)
Amazon.com (AMZN)
Constellation Brands (STZ)
Adam Wang Technology Apple (AAPL)
Cisco Systems (CSCO)
Networking Equipment