David Trainer started on Wall Street with Credit Suisse in 1996, before the tech bubble. He developed a new, superior model for measuring profits and valuation for the firm. He was also a sell-side analyst covering credit card companies after the tech bubble. Seeing how the tech bubble changed Wall Street research, David realized the need for more truth in stock research in order to preserve the integrity of the capital markets.
In 2003, he founded New Constructs, which leverages proven-superior research to deliver proprietary and unrivaled investment insights on 10,000+ stocks, ETFs and mutual funds.
Today, New Constructs and Google Cloud have partnered to deliver the leading AI Agent for Investing. Combining New Constructs’ proven ability to generate alpha based on empirically-proven superior fundamental research and Google Cloud’s market-leading AI capabilities produces AI tools that deliver real-world, expert insights to clients.
Some of his best stock picks have been Nvidia (NVDA) at $0.57/share, HCA Healthcare Inc (HCA) at $98/share and Phillips 66 (PSX) at $64/share. Some of David’s best work is done on the Danger Zone - where he helps investors avoid blowup stocks. For example, he was among the very first to tell investors WeWork is the Most Ridiculous IPO of 2019. His Zombie Stock List (free copy here), with over 20 stocks he thinks will go to zero, has helped investors outperform, too.
New Constructs is 100% independent and unconflicted.
David believes that all investors, not just Wall Street insiders, deserve trustworthy research on the stocks, bonds, ETFs, and mutual funds.
Elite money managers, advisors and institutions have relied on him to lower risk and improve performance since 2004. See client testimonials and extensive media coverage.
David is CEO of New Constructs (www.newconstructs.com). He is a distinguished investment strategist and corporate finance expert. He was a 5-yr member of FASB's Investors Advisory Committee. He is author of the Chapter “Modern Tools for Valuation” in The Valuation Handbook (Wiley Finance 2010).