Ratings Key

  1. BUY – Expected to outperform the major indexes, based on relative and/or absolute valuation criteria, price earnings multiples, identifiable secular trends, and/or catalysts within the sector.

  2. NEUTRAL – Expected to perform in line or moderately underperform the broader market averages.

  3. SELL – Avoid the stock.

Repex Investment Management Co., Inc. and Repex & Co., Inc., its affiliate, do not have currently and have never had investment banking relationships and do not currently make markets in securities and have never made markets in securities.

Please contact your registered representative for additional information at 201-767-1050 or 888-795-6684.

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