Given the range of industries served by electrical equipment providers, if an entity has a strong presence in one growth end market it can mitigate the effect of other struggling businesses and drive profit gains. Telecom-related sectors, including networking products and wireless communications may well support earnings improvements at certain companies. Additionally, when one industry player fills a niche by specializing in a particular product, margins can be healthy, supporting more »
Matthew Lindenbaum, manager of Basswood Capital, has been managing investments through a number of vehicles for 20 years. According to our database of 13F filings, Basswood tends to be overweight the financial sector with about half its capital invested in financial stocks at the end of the second quarter. The fund has also engaged in some shareholder activism in the area, directly engaging with management to encourage them to follow more »
Over the past year, shares of cable manufacturer Belden (NYSE: BDC) have increased 19.6%, outpacing the diversified industrials industry average (17.4%), and its primary competitor General Cable (NYSE: BGC), which has lost 1.5% in value over this time. The 110-year-old company, which is headquartered in St. Louis, designs, produces, and distributes all types of cables, including those of the copper, composite, and fiber optic variety.
Despite a more »