Our perspective on global micro event and strategies.
As a global industry analyst on the Technology Team, Brian’s coverage includes the Internet and video game software companies across all market caps.
Citing consumer welfare and competition concerns, a rising chorus of voices is calling for more government regulation of the most dominant players in the US technology sector. As recently as late 2019, the co-founder of one household tech name even opined that government should step in and regulate the tech giants. The sector’s perceived impact on the upcoming national elections has helped fuel what some observers describe as growing “anti-big-tech” fervor.
So, what might come of it? It depends who you ask, but in my view, probably not a lot. I think federal privacy legislation will be on the roadmap if an agreement can be reached, but changes to antitrust law and/or content regulation seem…
In my April 2020 blog, “Where to buy the future,” I encouraged investors to consider buying well-positioned technology companies at potentially bargain-basement prices. With two-thirds of the year now behind us, I’d like to share my latest thinking on the e-commerce industry in the wake of its (unsurprisingly) lights-out performance amid COVID-19-induced fears and economic shutdowns.
Broadly speaking, I think e-commerce names should continue to post solid sales growth through 2020, but then fall short of analysts’ and investors’ expectations in 2021. And for this to be the case, I don’t necessarily think…
As I argued in my March 17 post, “Technology: The future is on sale,” now may be an opportune time to “buy the future” at potentially bargain-basement prices, particularly in the technology sector. By way of a follow-up, here is my latest thinking on trends and industries that look poised to emerge as winners (and, conversely, losers) on the other side of the COVID-19 crisis:
A number of quality companies in the “potential winners” column have recently been trading at attractive relative and absolute valuations. I believe equity investors should consider using this opportunity to add (or increase) exposure to some of these stocks.
Innovation may be an overused term these days, but in the world of investing, we believe it is critical to unlocking opportunity and long-term outperformance potential. So how should investors frame their thinking around innovation – and (more to the point) how can they seek to capitalize on it?
Truly innovative companies tend to control their own destiny by carving out a new industry or meaningfully altering the playing field in an existing industry, potentially allowing them to grow revenues and profits far longer than expected through varied economic environments. Innovation can often be found in novel processes, game-changing technologies, new products/services, or business model changes that allow a company to…