The Wall Street Transcript Publishes Money Manager Comments on Silicon Valley Bancshares

Riley reports, "What makes us unique is that we are mindful of the valuation parameters of the stock; we're less willing to pay up per dollar of earnings than the typical aggressive growth manager. If you look at portfolios that we've built historically since we initiated our small cap growth style, you'll see portfolios that have sold consistently at a discount to the benchmark's estimated p/e, while having a growth rate that approximates or is slightly higher than that of the benchmark. Right now, the small cap portfolio is selling at approximately 18 times 12-month forward estimates, but should grow at about 40% over that same time period."

Riley highlights Silicon Valley Bancshares (Nasdaq:SIVB), "Besides technology and life sciences, they have efforts in communications and online services, computers and peripherals, semiconductor manufacturing and software. They're also involved in helping to develop premium wineries. As far as how they line up on our quantitative system, they're selling at about 17.5 times estimates, and they're expected to grow about 42% over the next 12 months. This is another company that we're very favorable on."