Research

Over the last two decades, an average of 20 companies initiate a dividend each year, though fewer have initiated dividends over the last decade.  Following annual meetings and board authorizations early in the calendar year, far more dividend initiations occur in February than any other month during the calendar year.  Hence, we thought analyzing dividend

There were two consensus views heading into this calendar year. One – the market would go down in the first half of the year and up in the second half of the year. Two – that you can’t own stocks that lose money / burn cash. Both notions have been proven completely wrong year-to-date. Given

Click here to watch the video We have recommended that our clients overweight their exposure to energy stocks since we started Trivariate Research in 2021. After a huge run of outperformance, many of the investors we speak to are wondering if it is time to take profits. The recent disconnect between energy stocks and oil

We have been communicating our year-ahead outlook to dozens of investors around the country over the last few weeks and wanted to summarize our top ideas, pushback and what we are watching in today’s Level Set. At the risk of sounding like a broken record, our view is that the economy, and therefore corporate earnings,

Click here to watch the video We spent last week meeting with investors on the West Coast marketing our 2023 Year Ahead Outlook note published earlier in January.  Insane hotel prices, massive airport delays, and biblical rains aside, investors generally asked a lot of questions about consumer strength, earnings, multiples and our sector views. Our

We have recommended that our clients overweight their exposure to energy stocks since we started Trivariate Research in 2021. After a huge run of outperformance, many of the investors we speak to are wondering if it is time to take profits. The recent disconnect between energy stocks and oil prices, where stocks have held flattish

Our year ahead outlook – We analyzed available alpha, revenue / margins / earnings, valuation, changes to industry recommendations, and stocks to avoid, with our recommendations including… How to get defensive?  With traditional defensive sectors like utilities and consumer staples quite expensive, we offer 3 other ways to get defensive without paying massive premiums, including…

We spent last week meeting with investors on the West Coast marketing our 2023 Year Ahead Outlook note published earlier in January. Insane hotel prices, massive airport delays, and biblical rains aside, investors generally asked a lot of questions about consumer strength, earnings, multiples and our sector views. Our high-level view of an “erode not

When we have talked to institutional investors over the last month, it has become clear that the consensus view of US equities is that the market will go lower in the first part of 2023 and go higher later in the year.  People are cautiously optimistic.  Investors might talk negatively about market conditions, but many

At the start of each quarter, we provide a detailed summary of the just completed quarter with the goal of helping investors make better investment decisions, in addition to provide insights that will facilitate investor communications, client conversations, and quarterly letters. Furthermore, our quarterly report seeks to identify emerging risk management concerns and give investment