As bad economic news has become good news relative to the stock market once again, we see many investors/traders shifting to sectors viewed as “defensive” – in our view, it appears they want to be in the equity markets, but want exposure that is considered less “risky”. To many investors, we believe Consumer Staples’ companies […]
Facebook has roared higher over the last few sessions, largely, in our view, on optimism surrounding its support of a new digital currency called Libra. Libra is not a cryptocurrency like Bitcoin. As we understand, it is referred to as stablecoin – meant to be used for smaller everyday transactions and expected to offer less […]
It’s been a long time since “Value” has outperformed “Growth”. Over the last ten years through 6/12/19, the Russell 1000 Growth Index (RLG) has outperformed the Russell 1000 Value Index (RLV) by 334% to 227%. Some say, and we concur that now is the time for Value to shine once again. So what is Value […]
It’s been hard to ignore the excitement surrounding the Beyond Meat IPO. The IPO priced at $25/share on May 1st, closed up 163% on the first day and as of June 12th was up 468% since the IPO. Currently, the stock trades at 24x 2020 sales. For some perspective, Amazon trades at 2.8x 2020 sales. […]
Our 5 Things To Consider – a weekly highlight of articles that we believe provide insight into the markets and context with respect to our investment process. Hope you find some of them interesting and informative.