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About Stephen
Stephen Biggar is currently director of product strategy at Argus Research. He is a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.
Stephen's Articles
We are reiterating our “Buy” rating and raising our target to $470 from $450 on Berkshire Hathaway Inc. (BRK.B). We have a positive view of the conglomerate nature of Berkshire, whose stock returns have doubled those of the S&P 500 since 1965 (compound annual growth of 19.8% versus 10.2% for the index), says Stephen Biggar, analyst at Argus Research.
We are raising our rating on Goldman Sachs Group Inc. (GS) to “Buy” from “Hold” following 1Q results, which demonstrated the considerable strengths of the Goldman franchise during an investment banking upturn. The environment offered a few false rebounds in 2023, but the current surge appears to have staying power, suggests Stephen Biggar, analyst at Argus Research.
Stephen Biggar
FINANCIALS
Tickers: GS
Our BUY rating on Apollo Global Management (APO) reflects the company’s strong position among alternative asset managers and ability to generate cash in a wide variety of market environments, notes Stephen Biggar, analyst at Argus Research.
Stephen Biggar
FINANCIALS
Tickers: APO
Our rating on Fiserv (FI) is “Buy” with a target price of $150 (raised from $140). We believe that Fiserv, a financial services firm, benefits from a highly scalable business model. Over the last several years, it has consistently turned single-digit revenue growth into double-digit EPS growth with help from strong margins and share buybacks, notes Stephen Biggar, analyst at Argus Research.
Stephen Biggar
FINANCIALS
Tickers: FI
Stephen's Videos
Join Argus' director of product strategy, Stephen Biggar, as he discusses the current Argus Research 30-Stock Focus List and a few of the firm's thematic research portfolios, including the Innovation and Millennial Generation portfolios.
Stephen Biggar
STOCKS
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