Industry & Services >> Analyst Interviews >> August 13, 2012
Retail Stock Performance Follows Polarized Income Patterns
Charles Grom is the Senior Equity Research Analyst and Managing Director for Deutsche Bank Securities Inc., based in New York City, responsible for the broadlines/department stores sector as well as the supermarket/vitamin retailers. Before joining Deutsche Bank Securities in June 2011, he held a similar role at J.P. Morgan Securities. During his tenure at J.P. Morgan, he ranked number two in Institutional Investor's All-American Research Team from 2008 to 2010 in the broadline and department stores sector and was ranked runnerup in food and drug retail sector in 2010. Mr. Grom's team also placed number one in the Greenwich Research Team Survey in 2009 and 2010. Before that, he was the Small and Midcap Hardline Retailing Analyst at J.P. Morgan from 2002 to 2005, covering more than 20 stocks in the sector. Before his time at J.P. Morgan, Mr. Grom spent three years each at Salomon Smith Barney and Arthur Andersen during which he earned the CFA and CPA designations. He holds a B.S. in economics and accounting from the College of the Holy Cross in Massachusetts. Profile
TWST: What is your retail coverage?
Mr. Grom: I cover the department stores, the broadline, multiline retailers, and I also cover the supermarkets. I cover 21 names, everything from