Technology Sector

August 4, 2021
Blog , CJ Lawrence , The Portfolio Strategist - Terry Gardner
Comments : 0

2Q Earnings Look Great, No Need to Try to Time the Market, Terry Gardner, CJL Market Comment 8.04.21 – YouTube Video & Transcript

In this video, C.J. Lawrence Portfolio Strategist, Terry Gardner, discusses the strong 1Q21 results being delivered by S&P 500 companies, examines profit margins and margin expectations, assesses the "market playbook", and advocates investing in IRP (Innovation at a Reasonable Price)....

May 1, 2021
Blog , CJ Lawrence , The Portfolio Strategist - Terry Gardner
Comments : 0

Strong Results and Innovation at a Reasonable Price (IRP), Terry Gardner, CJL Market Comment 4.29.21 – YouTube Video & Transcript

December 9, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – The Crowd May Be Right

As our Sector Shifts table demonstrates, the Technology and Consumer Discretionary (dominated by Amazon.com) stocks gained meaningful market share from 2010 to 2017, and along with the new Communications Services stocks, have driven market performance since being reconstituted in mid-2018. ...

November 11, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Technology Sector Supports Higher S&P 500 Profit Margins

Technology sector constituents are eating their own cooking, helping to increase productivity and expand margins of their customers, but doing so in-house as well. The sector accounts for the largest weight within the S&P 500 Index so its strength gives support to the broader index’s margin expan...

September 16, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Rotation to Value Looks Unsustainable

We continue to favor stocks of growth companies that drive their own fate and grow market share regardless of economic conditions. ...

May 6, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Labor Productivity Leadership Should Be Embraced

Last week’s U.S. Labor Department report stated that U.S non-farm labor productivity rose at a 3.6% annualized rate in the first quarter of 2019. That was welcome news for stock market bulls who had been viewing the lack of worker productivity as an obstacle to growth, or as a path to higher unit...

January 22, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – 2019 Outperformance May Be Found in Unlikely Places

The stock market is off to a good start in 2019. The rally began the day after Christmas and has continued through the first few weeks of January. Investors expecting a Santa Claus rally in December had been sorely disappointed by the lump of coal they received instead. But Santa l...

January 7, 2019
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Stock Price-to-Earnings Ratios May Have Bottomed

The daily whipsaw of the stock market is challenging the convictions of both bulls and bears. 3% intraday moves in index prices have become the norm and the CBOE Volatility Index (VIX) has not closed below 15 since early October. Investor concerns mostly center around the depth of a prospective glob...

December 3, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Earnings on Watch

Despite growing consensus expectations of both slowing international trade and global growth, company analysts have not dramatically ratcheted back their 2019 sales and earnings growth forecasts and are therefore unlikely to raise them if a deal is consummated. ...

October 29, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Innovation on Sale

The recent market downdraft may be creating opportunities for active managers and investors to buy industry leaders and innovators at attractive prices. In April of this year, we authored a note titled Innovation at a Reasonable Price, which highlighted increasing rates of research and development ...

September 17, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – The New S&P Sector Construction is Coming, and It Matters

Back in March we highlighted an announcement by S&P Global, Inc. that stated it was realigning three of its eleven S&P sectors, on Sept 28, to more accurately reflect the constituents’ lines of business. The realignment will result in changes to the make-up of the Technology and Consumer Discreti...

July 2, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly Market Comment – New S&P Sector Construct Could Create Volatility this Summer (Repost from March 12, 2018)

Followers of the CJL Weekly Market Comment are familiar with our practice of looking below the broader market indices to compare the fundamentals, price performance, and valuations of the 11 different S&P Sectors, 24 Industry Groups and, 157 Sub-Industries. This style of analysis dates back to the o...

May 29, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Growth Stocks Reaccelerate

Since January of 2009, the S&P 500 Growth Index has delivered a 326% total return, while the S&P 500 Value Index returned 212% during the same period. Definitions of what constitutes value stocks and growth stocks differ, but most agree that to qualify as a value stock a company’s shares should ...

May 14, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C. J. Lawrence Weekly – Profit Margin Expansion Suggests Current Business Cycle Has Legs

Meaningful revenue growth combined with expanding margins is a good recipe for profits, and owning stocks with that winning combination is a proven strategy for capital appreciation. The most attractive candidates can be found in the Technology and Industrials sectors which are delivering on both....

April 9, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C. J. Lawrence Weekly – Dividend Growers Provide Stability in Choppy Markets

Improving fundamentals and corresponding increases in corporate cash flow should help dividend payors maintain and increase payouts to shareholders in 2018. Shares of companies with track records of consistent and meaningful dividend increases, look poised to outperform in 2018 and deserve a meanin...

March 26, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – The Stumble-Prone Equity Market Remains on Solid Footing

Our outlook for the stock market remains constructive, based on improving economic and equity market fundamentals, but recognizes that the market is prone to stumbles. For long-term investors willing to wade into the market’s volatile waters, the risk-reward ratio remains favorable....

March 23, 2018
Blog , The Trusted Navigator - Bernhard Koepp
Comments : 0

Where to Hide In A Stormy Environment?

In short, rising trade wars or reciprocal tariffs regardless of what sector they effect, if implemented, make whatever they target more expensive. This adds fuel to the idea that we need to be positioned for inflation down the road....

March 12, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – New S&P Sector Construct Could Create Volatility this Summer

February 26, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – Technology Continues to Deliver

Once again, the Technology Sector is delivering strong top line results. It has been the most consistent producer of revenue growth among all sectors, over the past fifteen years. ...

January 12, 2018
Blog , News & Media
Comments : 0

Upcoming Webinar – C.J. Lawrence Portfolio Strategy & Outlook 2018

On Tuesday, January 23 at 12:00 PM EST, C.J. Lawrence will host a live 60-minute webinar with C.J. Lawrence’s senior partners and portfolio management team – Bernhard Koepp, Terry Gardner, Jr., and David Gallacher, CFA - to discuss the latest market outlook and investment thesis for 2018....

January 2, 2018
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – 2017 Scoreboard Highlights Consistent Technology Leadership

When we wrote the year-end market summary last year, we noted the high level of sector rotation that took place on a quarterly basis throughout 2016. In 2017, leadership was instead remarkably consistent. Of the major S&P 500 sectors, Technology led all others in three out of four quarters and finis...

November 7, 2017
Blog , The Portfolio Strategist - Terry Gardner
Comments : 0

C.J. Lawrence Weekly – U.S. Economy is Supportive of Accelerating S&P 500 Top-Line Growth

Reported S&P 500 sales per share growth, for 3Q17, has been encouraging. With over 80% of constituents having reported results, S&P 500 sales are coming in 5.8% ahead of last year’s levels. ...

Login Area

Register New Account