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.

2022 Research

Analyst Sector Spring 2022 Fall 2022
John Agraz Health Care IDEXX Laboratories (IDXX)
CVS Health Care (CVS)
Managed Care Industry
Walt Disney Co. (DIS)
Humana (HUM)
Johnson & Johnson (JNJ)
Kelby Barnewolt Technology Shopify (SHOP)
Salesforce (CRM)
Software Applications
Cisco Systems (CSCO)
Alphabet (GOOGL)
Microsoft (MSFT)
Dan Chapman Financial Services SVB Financial Group (SIVB)
Moody's Corp. (MCO)
Credit Rating Agencies
Chubb Limited (CB)
Marsh & McLennan (MMC)
Waste Connections (WCN)
Nicholas Feldmann Consumer Staples & Energy ConocoPhillips (COP)
Tyson Foods (TSN)
Packaged Foods Industry
Coca-Cola (KO)
Marathon Petroleum (MPC)
Walmart (WMT)
Changze (Colin) Han Technology NVIDIA Corp. (NVDA)
Apple (AAPL)
Accenture plc (ACN)
Schlumberger Ltd. (SLB)
Visa (V)
Zoe Heimendinger Consumer Discretionary Dillard's (DDS)
Sally Beauty Holdings (SBH)
Beauty Retail Industry
Amazon.com (AMZN)
Genuine Parts Co. (GPC)
McDonald's Corp. (MCD)
William Marietti Communications Iridium Communications (IRDM)
Netflix (NFLX)
Video Streaming Industry


Gregory Nebel Industrials & Materials Pentair plc (PNR)
MasTec Inc. (MTZ)
Transmission Line Construction Industry
Eastman Chemical (EMN)
JPMorgan Chase (JPM)
Raytheon Technologies (RTX)
Keelen Swain Real Estate & Utilities

Ameren Corp. (AEE)
NextEra Energy (NEE)
Electric Utilities

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)