BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>The business climate has not improved for Acco Brands (ACCO) in Europe since the Company reported second quarter results, and thus could result in lower than expected third quarter numbers</li>
<li>The macroenvironment has been volatile in a quarter dependent on back-to-school sales and more people working from their offices. </li>
<li>We are updating our earnings model for the rest of the year. Our third quarter sales estimate is now $517.1 million</li>
</ul>


The business climate has not improved for Acco Brands (ACCO) in Europe since the Company reported second quarter results, and thus could result in lower than expected third quarter numbers
The macroenvironment has been volatile in a quarter dependent on back-to-school sales and more people working from their offices. 
We are updating our earnings model for the rest of the year. Our third quarter sales estimate is now $517.1 million


ACCO Brands

ACCO: Adjusting for Macroenvironment