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 type="disc"><li>
Acco Brands (ACCO) reported second quarter results benefiting from reopening after COVID-19 restrictions. ACCO highlighted an increase in commercial product sales, which had not been the case since the pandemic began. We had highlighted such a scenario earlier this year and maintain an outlook of ACCO growing sales in 2021 and 2022.</li></ul> <ul type="disc"><li>The return of working and learning on premise has started to drive commercial and education sales that had disappeared in 2020. Equipment sales that are high priced items have not been part of ACCO’s business for the last five quarters</li></ul> <ul type="disc"><li>The acquisition of PowerA is growing faster than we were expecting and should benefit from additional supply of new consoles becoming available in the second half.</li></ul> <ul type="disc"><li>The growth prospects of 2021 and continued recovery in 2022 should result in ACCO being a sales and earnings growth story for the next couple of years.</li></ul>


Acco Brands (ACCO) reported second quarter results benefiting from reopening after COVID-19 restrictions. ACCO highlighted an increase in commercial product sales, which had not been the case since the pandemic began. We had highlighted such a scenario earlier this year and maintain an outlook of ACCO growing sales in 2021 and 2022. The return of working and learning on premise has started to drive commercial and education sales that had disappeared in 2020. Equipment sales that are high priced items have not been part of ACCO’s business for the last five quarters The acquisition of PowerA is growing faster than we were expecting and should benefit from additional supply of new consoles becoming available in the second half. The growth prospects of 2021 and continued recovery in 2022 should result in ACCO being a sales and earnings growth story for the next couple of years.

ACCO Brands

ACCO: Scaled and Growing