Articles authored by Blake Anderson

By Blake Anderson, CFA®, Associate Portfolio Manager The first earnings season of 2026 is underway, and results from several S&P 500 heavyweights are offering a snapshot of the U.S. economy. From banks navigating interest-rate dynamics and robust capital markets to airlines riding soaring travel demand, the tone thus far has been constructive. Banks — Resilience …

By Blake Anderson, CFA®, Associate Portfolio Manager “Demand for AI compute is skyrocketing.” ~Jensen Huang at Consumer Electronics Show 2026 This year’s Consumer Electronics Show (‘CES’) might as well have been called the ‘Nvidia Show-off Show’ in my opinion. Nvidia used the opening night keynote address to introduce its newest chip family – Rubin – …

By Blake Anderson, CFA®, Associate Portfolio Manager Warren Buffett’s departure from Berkshire Hathaway doesn’t feel like the typical CEO retirement. Buffett’s leadership of Berkshire Hathaway stands as one of the most impressive track records in corporate America, both from an operational standpoint and an investment performance standpoint. I wrote about Berkshire’s Rise to $1 Trillion …

By Blake Anderson, CFA®, Associate Portfolio Manager The Initial Public Offering (“IPO”) window reopened in 2025. IPOs are seen as the lifeblood of public capital markets and a measure of risk sentiment, with IPOs often the largest funding round in a company’s life, enabling the companies to vastly expand their investor base. IPO volume largely …

By Blake Anderson, CFA®, Associate Portfolio Manager Shares of major technology companies have fallen into correction territory in recent weeks. There are a few potential drivers of this drawdown, but it’s also worth it to reiterate that technology investments are inherently volatile. Investors operate under the guise of imperfect information that can often be spun …

The technology sector is on track to be the highest-returning S&P 500 sector of stocks in 2025. This outperformance can in part be explained by better-than-average earnings revisions for the sector relative to the broader market. And this fundamental strength in tech stocks has been led by the largest companies in the sector. A Strong …

Investors referring to the ‘Magnificent 7’ ought to update their rolodex. Broadcom has quietly become the seventh largest stock in the S&P 500, surpassing Tesla. Perhaps ‘Elite 8’ is a better title for these stocks. Broadcom has marched higher this year, registering the second-best year to date stock price gain amongst the largest stocks in …

The use of artificial intelligence in modern workplaces is growing and evolving. Two recent studies – McKinsey’s ‘The state of AI in 2025’ and Perplexity’s ‘Perplexity at Work’ – offer some insights into both trends and help illustrate the breadth of AI adoption. AI Has Become an Imperative The use of AI in the workplace …

Eli Lilly’s market cap eclipsed $1 trillion in Friday’s trading session (according to FactSet data). They became the first healthcare company to achieve this milestone. The simple explanation for how this company joined the four-comma club is ‘diversified growth’ as a product of research and development. The company has cultivated numerous blockbuster drugs culminating with …

Nvidia’s latest quarterly results exceeded both the company’s and investor expectations. The company posted quarterly revenue of $57.0 billion which exceeded the $54.0 billion of revenue the company guided for. This $3 billion beat was their strongest beat ever and underscores the demand the company is seeing. Earnings per share (“EPS”) of $1.30 exceeded the …