Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

Bassett Furniture Inds / Equity Bottom-Up

<ul><li>US manufacturing remains Bassett’s core competitive advantage. </li><li>Founded in 1902, Bassett has remained committed to domestic production through decades of import competition, pivoting from a wood-oriented business to one that is now ~70% upholstery.</li><li>With more than 75% of wholesale revenues derived from products manufactured in the US using a mix of domestic and globally sourced components across facilities in North Carolina, Virginia, and Alabama, Bassett offers supply chain certainty, custom build-to-order capability, and delivery of custom upholstered furniture in two to three weeks—a hallmark management believes is best-in-class.</li></ul>

US manufacturing remains Bassett’s core competitive advantage. Founded in 1902, Bassett has remained committed to domestic production through decades of import competition, pivoting from a wood-oriented business to one that is now ~70% upholstery.With more than 75% of wholesale revenues derived from products manufactured in the US using a mix of domestic and globally sourced components across facilities in North Carolina, Virginia, and Alabama, Bassett offers supply chain certainty, custom build-to-order capability, and delivery of custom upholstered furniture in two to three weeks—a hallmark management believes is best-in-class.

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