The conventional wisdom is that 2025 will be a big year for Mergers & Acquisitions (M&A). Less regulation and pent-up demand have most of the lawyers and investment bankers we know quite busy these last few weeks. Hence, we looked at all M&A for the last 25 years for US companies, small-cap or larger, that
We’re hosting our next monthly Parker Perspectives webinar on Tuesday, February 4th, at 11 AM EST, where we’ll dive into this research and much more. If you haven’t registered yet, click here to sign up. As always, feel free to reach out with any questions or for insights on these or other topics shaping the
In December, we wrote a detailed note about beta (link), and how there is persistent alpha destruction associated with each incremental increase in portfolio beta. Investors tend to ignore beta when the market is performing well, like it did in 2023 and 2024. But the recent price action is likely a warning sign for CIOs,
As part of our year ahead outlook in early January, we upgraded the Industrials sector to overweight. So far this month, the sector has been the best performing in the S&P500, up 7.1%, vs the market at 3.3% (see below). GEV (up 28%), GE (up 18%), BLDR (up 17%), HWM (up 16%), and MMM (up
Late in 2024, research firm Gartner, Inc. came out with a report highlighting the ten Technology trends to watch for 2025. We searched the earnings call transcripts and websites of 383 public US Technology companies, and created baskets of stocks in these key areas to help us understand these Technology trends and identify stock ideas.
We wrote in our year-ahead outlook, that revenue acceleration would be an important variable for stock selection in 2025. After gross margin growth was its most effective for stock selection in 2024 in over 20 years, we now think revenue growth and acceleration will matter more for stock pickers in 2025. To be clear, at
Late in 2024, research firm Gartner, Inc. came out with a report highlighting the ten Technology trends to watch for 2025. We searched the earnings call transcripts and websites of 383 public US Technology companies, and created baskets of stocks in these key areas to help us understand these Technology trends and identify stock ideas.
We published our year-ahead outlook last Monday, January 6th (see here), and spoke with many investors about our market views over the last week. While we were not surprised by some of the pushback we received, we were surprised about areas where we DID NOT receive much pushback. We thought we would address both the
Below are the three most asked about exhibits from our 2025 Year-Ahead Outlook research. CLICK HERE to access the full report. If you have questions on these or any other topics related to the current investment landscape, please don’t hesitate to reach out to us. 1. COMPANY-SPECIFIC RISK AND REPLICABILITY ARE KEYS Where should a
Attached is our 2025 year-ahead outlook. We will be hosting a zoom at 11am EST today to discuss this research and take Q&A (click here to register). There will be a replay link sent out later today if you can’t join live. If you would like to schedule a 30-minute one-on-one zoom with Adam Parker
