Managing Director, Senior Research Analyst, Chief Market Strategist
As Avondale’s Chief Market Strategist, Donald Broughton is responsible for providing a ‘bottoms-up,’ differentiated dissection of the U.S. economy and financial markets, leveraging his expertise in transportation and his proprietary method for translating goods flow data into economic projection.
Donald has earned acclaim for his equity research coverage of the industrials and transportation sectors. He is a frequent guest on CNBC, CNN, Fox and other financial news outlets and is regularly quoted in the national financial press. His stock-picking performance has been recognized by the Wall Street Journal (“Best on the Street” 2000 and 2006), Zacks Investment Research (2005) and StarMine (Five-Star Analyst, 2006).
Many in the transportation industry know him for his quarterly tracking of trucking bankruptcies. He is also known for his development of a ‘Value to Density Spectrum’ study of tangible goods flow and its economic ramifications.
His keen ability to predict the financial markets have been evidenced in published reports dating back to 2006 where he warned of an impending economic slowdown and later explained why a recession was coming. More recently, in 2010 and 2011, his reports explained why fears of a double dip were severely overblown and why the market would have a significant rally by year’s end.
Prior to joining Avondale Partners in 2008, Donald spent 12 years as a Senior Transportation Analyst at A.G. Edwards where he led the Industrial Analysts team and served on the firm’s Investment Strategy Committee. His background includes eight years in various distribution and operations management roles in the beverage industry, including serving as the Corporate Manager of Distribution for Dr Pepper/Seven-Up companies and Chief Operating Officer for Bevmark Concepts.