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Results 51–83 of 83 found.

Inflation: Hiding in Plain Sight?
by Andrew Fleming of Heartland Advisors, 5/5/16
While Consumer Price Index readings have been mild, a look at raw materials suggests inflation may be lurking and could affect profit margins in the near-term.

Cash Flow: An Equalizing Force in Analysis
by Colin McWey of Heartland Advisors, 4/25/16
When evaluating companies with different debt loads or from divergent sectors, cash flow analysis may be an excellent place to start.

Borrowing from Peter to Pay Paul
by Bradford Evans of Heartland Advisors, 3/10/16
Companies that boosted earnings per share through financial engineering may feel an extra pinch as credit markets tighten.

When Momentum Loses its Mojo
by Andrew Fleming of Heartland Advisors, 2/25/16
Chasing momentum stocks may be doubling down on an investing mistake.

Investing in a 3-D World
by Bill Nasgovitz of Heartland Advisors, 2/10/16
Demographics, debt, and the fear of deflation are posing challenges for investors, but we believe some areas of the market are better insulated from the headwinds than others. Please do not hesitate to ask if you have questions or would like any additional details.

Mind the Gap
by Eric Miller of Heartland Advisors, 2/4/16
The surge in momentum investing is creating valuations that may be hard to sustain in the future.

Economic Strength: Looking at The Long Haul
by Will Nasgovitz of Heartland Advisors, 1/27/16
Heavy selling has the market pointing to a tough times ahead, but a look at one economic indicator paints a less dour picture.

Follow the Spending
by Andy Fleming of Heartland Advisors, 12/1/15
Year-over-year global trade growth, as measured in U.S. dollars, has turned negative for the first time in more than six years. While those predicting a recession have jumped on this bandwagon, a closer look at how Americans are spending money tells a different story. Consumer spending is up a healthy 6.9% since the 2007 pre-recession levels, yet those dollars are being spent in different areas. While we’d welcome an uptick in global trade, we believe without it, investors can still profit by following the spending.

Navigating the Energy Landscape
by Will Nasgovitz of Heartland Advisors, 11/20/15
More than 12 months into the oil slump, the picture for Energy remains unsettled. A mismatch between supply and demand is making for a stubborn bear market in Energy. Tighter lending standards may create a solution to oversupply. Low costs, greater efficiency, and strong balance sheets are likely to be make or break factors for Energy companies. Here is a look at issues, pockets of optimism, and possible approaches to the volatile group.

If the Buck Stops Here
by Colin McWey of Heartland Advisors, 10/23/15
If the dollar continues to weaken, it could provide support for some attractively valued cyclical areas of the market.

Housing: A Secular Opportunity?
by Adam Peck of Heartland Advisors, 9/11/15
Low interest rates, demographics, and a solid economy should provide staying power to a resurgent housing market. We are finding opportunities to capitalize on growth in the area while diversifying idiosyncratic risks in our portfolios.

Why We Believe the Eurozone is a Land of Opportunity
by Robert Sharpe, Mike Jolin of Heartland Advisors, 8/20/15
After years of unattractive valuations and outlook, Europe appears to be poised for a change. Here are some reasons we think there are plenty of opportunities in the region.

An Unsentimental Approach to Finding Value
by Brad Evans of Heartland Advisors, 8/14/15
Sentiment has been a driving force for investor returns the past few years, but we believe a focus on valuations, management and balance sheets is still the surest path to superior performance over a full market cycle.

Quality on Sale
by Adam Peck of Heartland Advisors, 5/21/15
Investor indifference toward strong balance sheets and cash flow has created opportunities in today’s market.

Viewer Discretion Advised
by Dan Walker of Heartland Advisors, 2/26/15
Rich valuations for Utility stocks and current low bond yields point to a dim future for the sector.

A Year to Think Small
by Ted Baszler of Heartland Advisors, 1/29/15
The current economic environment here and abroad could be setting up to benefit small-cap equities.

Action and Reaction
by Team of Heartland Advisors, 1/7/15
A summary of Newton?s third law may best describe the effects of the macro events that surrounded 2014 and brought it to a close: Nothing happens in a vacuum. The trick is to anticipate what the consequence of any action might be.

Why We Expect Japan to Regain Favor with Investors
by Robert Sharpe of Heartland Advisors, 12/18/14
Despite the consensus view that Japanese stocks are inexpensive, investors have generally avoided the space, perhaps because Japan has disappointed in the past. We think the tide is about to change, and Portfolio Manager of the Heartland International Value Fund Robert C. Sharpe explains why.?

When Will Value Come Back Into Favor?
by Will Nasgovitz, Ted Baszler, Dave Fondrie of Heartland Advisors, 11/17/14
An investment style may be inherently biased toward one part of a market cycle. Understanding that fact can help investors stay the course when faced with superficially inferior results during an unfavorable portion of the cycle.

Banking on Banks
by Bradford Evans of Heartland Advisors, 8/13/14
Banks have not fully participated in market advances, but we believe they stand to benefit from growth in loan demand, rising short rates, or both. Opportunity for earnings growth and multiple expansion offer something you can take to the bank. It's a compelling space with attractive valuations, especially at the regional level, and merits a closer look.

Small-Cap Valuations: Way Too High or Room to Run?
by Adam Peck of Heartland Advisors, 5/1/14
Small-cap stocks have been on a tear for several quarters. Conventional wisdom in this situation would be to shift assets away from small-caps, and reallocate them to other asset classes. The concept sounds reasonable, but is it well-grounded in fact? What is the state of small-cap valuations today? These questions merit a closer look.

A Second Leg to Our Economic Outlook
by Will Nasgovitz of Heartland Advisors, 3/21/14
In our heavily consumer?driven economy, it can be easy to overlook the importance of corporate capital spending. We?ve seen a number of data points suggesting such expenditures are due for an uptick.

Time for Nat Gas Stocks to Come in From the Cold?
by Bradford Evans of Heartland Advisors, 3/4/14
The prices of natural gas stocks haven’t risen in concert with this winter’s higher commodity prices. Here’s a look at why that might change.

Two Reasons for Value to Outperform in 2014
by Will Nasgovitz of Heartland Advisors, 2/10/14
Weve seen the longest period of growth outperformance since 1932, but the two catalysts could cause value to return to favor. First, tapering by the Fed should allow interest rates to normalize and thereby benefit the Financials sector. Second, theres potential for a correction in the Consumer Discretionary sector, which appears overvalued: The groups P/E is above the historical average and performance has tracked upward despite flat earnings revisions.

Beyond the Mall: Why Consumers Matter
by Ted Baszler of Heartland Advisors, 2/6/14
The bottom line is, more people are working now than were a few years ago, pumping income into the economy. At the same time that employment and real wages have been staging a moderate comeback, the housing market has continued to hold firm, and equity markets have posted impressive returns. Record-high levels of personal net worth have prompted more discretionary spending. Periods of greater spending also are associated with higher levels of equity ownership, which can push P/Es higher.

Putting Macro Trends in Context: What do They Mean to a Bottom-Up Investor?
by Will Nasgovitz of Heartland Advisors, 11/7/13
For some time now, weve had a generally positive economic outlook. The occasional setback is assured, but on the whole we believe that the U.S. economy is still in the early stages of a multi-year recovery.

Like a Five-Year Game of Duck, Duck, Goose'
by Will Nasgovitz of Heartland Advisors, 9/27/13
As summer is trailing off here in Milwaukee, WI, my wife and I have been revisiting some classic childrens games with our young son and daughter. Most recently, the biggest hit has been Duck, Duck, Goose. And, its a real treat to watch the extreme anticipation in their faces as they wait for the goose to be called and the running to begin.

A Closer Look at Earnings
by Ted Baszler of Heartland Advisors, 9/19/13
To get a sense of whether forward estimates currently in place for the S&P 500 may be excessiveparticularly in light of an economic recovery that has at times moved in fits and startswe took a look at how earnings have historically related to weekly jobless claims figures.

A Couple of Thoughts on Decoupling
by Adam Peck of Heartland Advisors, 8/28/13
As equity markets have pushed toward new highs this year, one of the worries lingering in the background has been the potential impact of Chinas economic slowdown on the U.S. weakening demand from that country, the thinking has gone, could hurt the broad range of companies that export goods to China.

A Move Away from Defense
by Ted Baszler of Heartland Advisors, 6/14/13
It may seem a little counterintuitive, but as stocks have rallied to new highs since 2009, defensive sectors have led the way. This outperformance has been reflected in the relatively high forward price/earnings multiples among staid sectors like Utilities, Health Care, Telecom, and Consumer Staples.

Declaration of Not-So-Much Dependence
by Brad Evans of Heartland Advisors, 5/28/13
Theres been much discussion lately of how alternative energy sources like wind and solar power could lower the U.S.s dependence on foreign oil. Whats often overlooked, though, is just how much this country is already meeting its energy needs with domestically produced oil and natural gas.

PMI What Does It Really Tell Us?
by Adam Peck of Heartland Advisors, 3/21/13
Recently we’ve been seeing positive readings from the Purchasing Managers’ Index (PMI), news that may seem as though it would be good for all stocks. In fact, though, a look at the performance of the S&P 500 and the PMI since 1995 shows that this is not necessarily the case.

How Cash Could Point to More Upside for U.S. Stocks
by Adam Peck of Heartland Advisors, 3/8/13
Investors remain concerned about dwindling bond yields but still aren't rushing headlong into stocks, notwithstanding their recent market highs. We thought it might be interesting to take a look at the difference between the cash earnings yield of U.S. stocks (as represented by the MSCI U.S. Stock Index) and the yield being paid by intermediate-term investment grade corporate bonds. In looking at historical data, cash earnings yield can be a good proxy for free cash flows and an indicator of a company's financial strength.
Results 51–83 of 83 found.