Top picks from Brendan Caldwell, president and CEO, Caldwell Investment Management
Brendan Caldwell, president and CEO of Caldwell Investment Management, discusses his outlook for the markets.The market has done quite well so far this year, maintaining its strong momentum from last year despite the economic and geopolitical uncertainty. The optimism primarily stemmed from an increased perception that the U.S. Federal Reserve had been able to suppress inflation without causing a full-blown recession and therefore could start cutting interest rates.
Concerns are mounting over whether companies can deliver the necessary earnings to support these valuations. The market now seems to have started pricing in a slightly weakened sentiment as evidenced by the recent pullback, which may persist as we progress through the year if earnings expectations are not met going forward, and if inflation and interest rates do not move in the desired direction.
It has a new management team that has implemented an efficiency plan to simplify SKUs and place greater focus on higher-value customers. Operating margins should expand driven by more disciplined price-cost, operational productivity improvements implemented through the pandemic, mix shift to higher margin digital services, volume leverage in the previously hampered MC&S segment and Evoqua cost synergies.
Continued deleveraging supporting credit rating upgrades - VRT is still non-investment grade but recently upgraded to two notches below IG status.It is a leading global semiconductor company historically known for communications network protocols and smartphone chips but rapidly growing adjacent verticals in automotive, industrial and PCs.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Top 3 From Our Top 3: G.O.A.T. Products We Can’t Get Enough OfWe are handing out top honors to the best-selling products from the top Amazon shops, as chosen by you, the pands.
Read more »
McCaffrey picked as top RB in the AP’s NFL Top 5 rankingsOn a San Francisco offense filled with playmakers, Christian McCaffrey was the most productive by far last season when he became the 12th player ever to top 2,000 yards from scrimmage and 20 TDs in the same season.
Read more »
Amazon Prime Day 2024: Top tips for top deals this weekAmazon's (AMZN) annual Prime Day sale — the online retail extravaganza that sees site-wide deals and discounts on a myriad of products — kicks off this week ...
Read more »
Brendan Allen, Nassourdine Imavov to Meet at UFC Fight Night in Paris on Sept. 28A middleweight matchup pitting Brendan Allen against Nassourdine Imavov has been added to the UFC Paris lineup.
Read more »
Brendan Allen Insists on Main Event Slot for Nassourdine Imavov Bout at UFC ParisWhile Brendan Allen claims to have accepted a UFC Paris booking against Nassourdine Imavov, he isn’t settling for anything short of a main-event slot.
Read more »
Minnesota Wild sign Brendan Gaunce, Ben Jones, Joseph Cecconi, Cameron Crotty, Troy GrosenickThey join Reese Johnson, Travis Boyd and Devin Shore as eight two-way contract signed by the Wild on July 1st.
Read more »