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Profil
Mr. Steve A. Noroian is President & Chief Investment Officer at Steven A. Noroian & Associates, Inc.
Prior to founding Steven A. Noroian Associates, Inc. on March 17, 1986, Mr. Noroian was employed as a Principal by Wells Fargo Bank, NA, Chief Investment Officer by CoreStates Bank, NA, and a Principal by Sutro & Co., Inc.
Mr. Noroian received his BA degree from San Francisco State University and MBA from Golden Gate University.
Anciens postes connus de Steve Aram Noroian
| Sociétés | Poste | Fin |
|---|---|---|
Steven A. Noroian & Associates, Inc.
 Steven A. Noroian & Associates, Inc. Investment ManagersFinance Steven A. Noroian & Associates takes a multi-disciplinary approach to stock selection using fundamental and technical analyses and bottom-up research to identify growth stocks. High quality companies are identified and analyzed. The reported accounting data is adjusted to focus on the company's cash flow return on assets, which helps to determine the company's strategic advantages. Finally, Noroian analyzes investor behavior toward the stock to determine when to buy. The firm analyzes a company's performance by focusing on its cash flow. They begin by relating the cash flow to the assets from which it was generated, creating the cash flow return on assets (CFROA). Noroian's stock selection process has three main components: corporate performance, valuation and timing. For corporate performance, they look for stable or improving CFROA, appropriate capital expenditures and strategic advantages. When considering valuation, the firm looks for a fair value range that is appreciably higher than the current stock price. Then, Noroian considers timing, i.e., when to own a stock and when to sell. From a universe of several thousand companies, Noroian narrows their focus through CFROA analysis. Then they determine if the stock price adequately reflects underlying corporate performance. If a discrepancy exists between the company's performance and its stock price, the firm tries to understand why. Researching the company and its industry, Noroian searches for any strategic advantage that will provide the impetus for the stock price to reflect the real corporate performance. Next, they study the stock price history to understand investors' perceptions of the company. At this point, Noroian determines the most opportune time to own the stock. They analyze accumulation, distribution, relative strength, money flows and price patterns can provide insight as to the appropriate time to buy. Similar to their buy disciplines, Noroian's sell disciplines are centered on price targets, CFROA analysis and strategic advantages. In addition, a stock may be sold when it violates predetermined price support levels. Price targets are established before a stock is purchased and may change due to competition and an evolving economy. When the risk/reward profile of a stock in the equity portfolio becomes less favorable, it is sold. Though not limited by sector, Noroian tends to invest in the stocks of US mid-cap and large-cap companies in the health technology, health services, technology services, electronic technology and energy minerals sectors. the firm maintains a low turnover rate. | Fondateur | 01/01/2015 |
Sutro & Co., Inc.
 Sutro & Co., Inc. Investment Banks/BrokersFinance Securities Brokerage | Corporate Officer/Principal | - |
CoreStates Bank, NA (Philadelphia, Pennsylvania)
 CoreStates Bank, NA (Philadelphia, Pennsylvania) Major BanksFinance Nationally chartered commercial bank | Directeur en chef des Investissements | - |
Wells Fargo Bank NA
 Wells Fargo Bank NA Major BanksFinance Operates as a nationally chartered commercial bank | Corporate Officer/Principal | - |
Formation de Steve Aram Noroian
Expériences
Fonctions occupées
Actives
Inactives
Sociétés cotées
Entreprise privées
Relations
12
Relations au 1er degré
6
Entreprises liées au 1er degré
Homme
Femme
Administrateurs
Exécutifs
Sociétés liées
| Entreprise privées | 6 |
|---|---|
CoreStates Bank, NA (Philadelphia, Pennsylvania)
CoreStates Bank, NA (Philadelphia, Pennsylvania) Major BanksFinance Nationally chartered commercial bank | Finance |
Wells Fargo Bank NA
Wells Fargo Bank NA Major BanksFinance Operates as a nationally chartered commercial bank | Finance |
Steven A. Noroian & Associates, Inc.
Steven A. Noroian & Associates, Inc. Investment ManagersFinance Steven A. Noroian & Associates takes a multi-disciplinary approach to stock selection using fundamental and technical analyses and bottom-up research to identify growth stocks. High quality companies are identified and analyzed. The reported accounting data is adjusted to focus on the company's cash flow return on assets, which helps to determine the company's strategic advantages. Finally, Noroian analyzes investor behavior toward the stock to determine when to buy. The firm analyzes a company's performance by focusing on its cash flow. They begin by relating the cash flow to the assets from which it was generated, creating the cash flow return on assets (CFROA). Noroian's stock selection process has three main components: corporate performance, valuation and timing. For corporate performance, they look for stable or improving CFROA, appropriate capital expenditures and strategic advantages. When considering valuation, the firm looks for a fair value range that is appreciably higher than the current stock price. Then, Noroian considers timing, i.e., when to own a stock and when to sell. From a universe of several thousand companies, Noroian narrows their focus through CFROA analysis. Then they determine if the stock price adequately reflects underlying corporate performance. If a discrepancy exists between the company's performance and its stock price, the firm tries to understand why. Researching the company and its industry, Noroian searches for any strategic advantage that will provide the impetus for the stock price to reflect the real corporate performance. Next, they study the stock price history to understand investors' perceptions of the company. At this point, Noroian determines the most opportune time to own the stock. They analyze accumulation, distribution, relative strength, money flows and price patterns can provide insight as to the appropriate time to buy. Similar to their buy disciplines, Noroian's sell disciplines are centered on price targets, CFROA analysis and strategic advantages. In addition, a stock may be sold when it violates predetermined price support levels. Price targets are established before a stock is purchased and may change due to competition and an evolving economy. When the risk/reward profile of a stock in the equity portfolio becomes less favorable, it is sold. Though not limited by sector, Noroian tends to invest in the stocks of US mid-cap and large-cap companies in the health technology, health services, technology services, electronic technology and energy minerals sectors. the firm maintains a low turnover rate. | Finance |
Sutro & Co., Inc.
Sutro & Co., Inc. Investment Banks/BrokersFinance Securities Brokerage | Finance |
Golden Gate University
 Golden Gate University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
San Francisco State University
 San Francisco State University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
