Why this money manager is buying Broadcom, Blackstone and an Italian electric cable company

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 37 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 67%
  • Publisher: 92%

Adveditorial Nachrichten

Globe Advisor,Appwebview,Brenda Bouw

Shane Obata of Middlefield Capital Corp. regrets selling T-Mobile recently and is looking for a pullback to get back in

Money manager Shane Obata doesn’t see a recession on the horizon and believes the current interest-rate-cutting cycle will be a boon for the companies he likes to invest in.

His investment criteria include companies that design products with “high complexity,” creating barriers to entry for competitors, have large distribution networks, and invest in research and development to stay ahead of their industry peers. The market likes recurring revenue, so as Broadcom has built out its software division steadily, it has been rewarded with a higher multiple. It also has a blossoming artificial intelligence division. AI wasn’t the main reason we got into this company five years ago, but it has done better than anyone expected. Broadcom develops custom AI chips with partners such as Google. It also provides high-speed networking gear. Both of these are important pieces of the AI puzzle.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Blackstone Close to C$7 Billion Investment Deal with RogersBlackstone Inc. is close to a C$7 billion ($5 billion) agreement to buy a minority stake in parts of Rogers Communications Inc.’s wireless infrastructure, according to a person familiar with the matter.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Wall Street powerhouse Blackstone is mystery bidder for $7-billion Rogers investmentThe pair struck a non-binding deal to sell a portion of its network that connects Rogers’s cell phone towers to its core network
Herkunft: globebusiness - 🏆 31. / 66 Weiterlesen »

Blackstone’s Credit Arm Now Its Top Business, Fueling Profit(Bloomberg) -- Blackstone Inc. posted an increase in third-quarter profit as its credit arm was boosted by an influx of investor cash and became the firm’s...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »