Entries filed under 'Growth Investing'

    China's Latest Tech Push

    December 8, 2015 4:03 PM by Lord Abbett Editorial Staff

    China, the world’s largest consumer of semiconductors, is moving aggressively into manufacturing them, which threatens producers in Korea and Taiwan.

    Although China consumes half of the world’s semiconductors (see Chart 1), it doesn’t have a single domestic manufacturer among the 10 biggest chipmakers, according to Bloomberg News. Taiwan and South Korea account for the lion’s share of production. But with China’s government pushing to grow its own semiconductor industry for national security and lessen its dependence on foreign technology, recent deal making suggests a new world order may be in the offing.

    Read More »

    Fishin' Chips: How M&A Is Transforming Technology

    December 1, 2015 5:18 PM by Lord Abbett Editorial Staff

    The $330 billion global semiconductor industry is undergoing historic consolidation, but innovation in some quarters has stalled, say analysts.

    In 15 years of covering the technology sector, Lord Abbett Research Analyst Eric Ghernati has never seen anything like the merger and acquisition (M&A) activity of the last several years. (See Chart 1.)

    Read More »

    Shelter from the Storm

    October 2, 2015 1:25 PM by Lord Abbett Editorial Staff

    When high fliers hit turbulence, stable-growth stocks, such as best-of-breed homebuilders and a home-improvement products retailer, gain favor, especially in a promising housing recovery.

    In light of the recent equity-market pullback, some portfolio managers have taken a series of steps to help mitigate volatility.

    Read More »

    How Multiple Generations Are Fueling an Apartment Boom

    August 7, 2015 12:00 PM by Lord Abbett Editorial Staff

    It’s not just millennials who are renting. Baby boomers and well-heeled Generation X-ers also are driving a surprising share of the overall demand for rental units.

    Don’t let news of the slow housing recovery fool you. While sales and construction of single-family houses have faced considerable headwinds since the financial crisis of 2008–09, strong demand for rental units has fueled an apartment boom.

    Read More »

    Why the Pall Over Malls is Overblown

    July 31, 2015 3:35 PM by Lord Abbett Editorial Staff

    Are malls doomed by e-commerce, as some pessimists have suggested? You’d never know it to look at the performance of regional mall real estate investment trusts (REITs). 

    Will the explosive growth of shopping over the Internet spell ruin for regional shopping malls?

    Clearly, some well-known retailers have failed or closed a number of mall locations in recent years for a variety of reasons, as more shoppers made their purchases online, hurting weaker quality malls, said Lord Abbett REIT analyst Steve Benyik.

    Read More »