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Sotheby's Holdings, Inc. (BID) [hlAlert]

Rating:
Buy BID
up 62.99 %

Sotheby's Holdings, Inc. (BID) rated Buy by Standpoint Research

Posted on: Wednesday,  Jan 20, 2016  10:25 AM ET by Standpoint Research

Standpoint Research rated Buy Sotheby's Holdings, Inc. (NYSE: BID) on 01/20/2016, when the stock price was $21.59. Since
then, Sotheby's Holdings, Inc. has gained 62.99% as of 01/20/2016's recent price of $35.19.
If you would have followed this Standpoint Research's recommendation on BID, you would have gained 62.99% of your investment in 0 days.

Sotheby's Holdings, Inc. is one of the world's second largest auctioneers of fine arts, antiques and collectibles, offering property in collecting categories, among them paintings, jewelry, decorative arts, and books. Sotheby's Holdings, Inc is the parent company of Sotheby's worldwide auction businesses, art-related financing and private sales activities. The Company operates in countries, with principal salesrooms located in New York and London. The company also regularly conducts auctions in other salesrooms around the world, including Australia, Hong Kong, France, Italy, the Netherlands, Switzerland and Singapore.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2016 10:25 AM Buy
None
21.59
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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