U.S. Markets closed

Zacks Investment Ideas feature highlights: Orbtiz, Pandora, Groupon and Constant Contact

For Immediate Release

Chicago, IL – March 30, 2012 – Today, Zacks Investment Ideas feature highlights Features: Orbtiz ( OWW). Pandora ( P), Groupon ( GRPN) and Constant Contact ( CTCT).

Alternative Research Resources

Sometimes the best research is done in a slightly less than formal setting.

Investors for the most part know that earnings drive stocks and there is a wealth of information that can be gleaned from the earnings conference call. There is also a wealth of information in the 10Q's and 10K documents published by the company and available at the Securities Exchange Commission website (www.sec.gov).

Those are great sources of detailed information on the company, but where they excel in data they lack in story. Suffice it to say that James Cameron or Steven Spielberg would want to present the company, its history and potential in a different light.

Enter the idea of the investor conference presentation. A chance to tell the story in a less formal setting than the earnings conference call and certainly more colorful that any regulatory document. These presentations can deliver the company history, the present and the future in a way that helps new investors get a better sense that just what comes on the earnings calls.

Investor conferences can be thematic in nature if they are put on the bulge bracket, location based (think chip companies are mostly in the Valley) or companies covered by the research department. Most of the time these meetings are webcast live for individuals to listen in. A presentation document may sometimes also accompany the presentation.

Recently I was at the Barrington Research conference at the Four Seasons in Chicago IL. The conference brought in several regional companies like Groupon & Orbitz, but also had out of state visitors like Constant Contact and Pandora. Barrington also provided a platform for some local private companies to tell their story as well, a welcome innovation to a standard practice.

During the Orbtiz ( OWW) presentation by CEO Barney Harford we heard a nice overview of the company and some unique information that probably won't be found on the 10Q or a conference call. Mr. Hardford noted that Mac users spend $20 a day more than PC users when travelling. That tidbit doesn't make Orbtiz a buy or a sell, but it a valuable piece of information that might not have been conveyed in any other public setting.

For the lucky attendees, there is a chance to attend a break out session for Q&A focused meeting. I had the chance to sit in on three of those meetings at the Barrington Research Conference. Pandora ( P) CFO Steve Cakebread told an interesting story about running into Little John at a Miami Heat basketball game and gave some good insights on the music business.

Groupon ( GRPN) VP, Investor Relations & Corp Dev Finance provided insight into the recent acquisitions the company has made and how they track repeat customers. He was also intrigued by my proposal to have their quarterly earnings calls recorded until CEO Andrew Mason is a little more comfortable. Stay tuned to see if any dividends are paid on that one.

Constant Contact ( CTCT) talked to institutional holders about how they increased ARPU by $1 in the most recent quarter and how their new social media product works with the overall strategy. Just hearing their questions made the time spent well worth it.

The bulge bracket holds these conferences, and regular investors are generally invited to those large scale events. Smaller events are usually restricted to clients only, so check to make sure you can get in before just showing up.

These conferences are learning opportunities. The tidbits you may get on data or product usage can surprise you. The clarity on how a product works on the client level can bring more faith to management. The questions others ask can give insight on how they are thinking about their current investments and how you might do the same. Finally, you might learn that a CFO likes Abba, and sometimes that’s all you need to make a wise investment.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms.  It monitors more than 200,000 earnings estimates, looking for changes.

Then when changes are discovered, they’re applied to help assign more than 4,400 stocks into five Zacks Rank categories:  #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock picking system; the Zacks Rank, continues to outperform the market by nearly a 3 to 1 margin.  The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter Profit from the Pros.  In short, it’s your steady flow of profitable ideas GUARANTEED to be worth your time.  Get your free subscription to Profit from the Pros at:  http://at.zacks.com/?id=7298

Follow us on Twitter:  https://twitter.com/ZacksResearch

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339


Read the analyst report on OWW

Read the analyst report on P

Read the analyst report on GPRN

Read the analyst report on CTCT

Zacks Investment Research

More From Zacks.com