U.S. Equities: Seeking Growth in the Current Market | Lord Abbett
Image alt tag

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Equity Perspectives

Lord Abbett Portfolio Manager Tom O’Halloran reviews current conditions—and potential opportunities—in the U.S. equity market.

Transcript

Air Date: February 24, 2021

Hi, I'm Tom O'Halloran. I'm a partner of Lord Abbott and a portfolio manager for the innovation growth funds.

Title: Equities: The Current Environment

The market is has performed well since March of 2020, the end of March of 2020. We're in a bull market. There are many things to worry about. In the near term, we're looking at the pace of the vaccinations. We're looking at whether the government programs to provide stimulus to the economy are going to come through. And we're looking at interest rates which have been climbing up more than I had expected they would be. So there's the usual cast of characters of worries and risks presented in the equity markets. And those are the things right now that we're focused on, where we're pretty much through the earnings season. And then it'll pick up again in April, but generally the earnings have been better than expected, quite a bit better than expected.

Title: Equities: The Landscape for Innovation Growth

And in my world of innovation growth opportunities continue to be abundant. It all starts with technology, the semiconductors, the software companies that enable the exponential processing power to continue. And then to where the money is, the consumer, and whether new companies or products or businesses are addressing the hierarchy of human needs and making things better there. And then in healthcare in biotech and devices and diagnostics, there are many opportunities. And then finally, where the consumer and the technology intersect and things like social networks.

(02:18)

And then in payments … payments are being made more digital. They're being made divisible. The way that the money is moved around is, is moving toward more of a digital world. So abundant growth opportunities in innovation growth.

But we have our eye on interest rates because if interest rates go up more than expected, it could limit the value of some of these longer duration equity names, but as we speak, the technical profile of the market is fine. The government is behind the market in terms of fiscal policy, in terms of rates that they're controlling. So we have the support of the government and we have improving breadth in the market. People were worried a few years ago about just five stocks carrying the whole market. Now we have hundreds of stocks driving the market. So the market's healthy at the moment. But as always, there are many things to be looking out for in case that might change.

Thank you for listening. And thank you for your continued interest in Lord Abbett.

________________________________________

DISCLOSURE

Unless otherwise noted, all discussions are based on U.S. markets and U.S. monetary and fiscal policies.

Asset allocation or diversification does not guarantee a profit or protect against loss in declining markets.

No investing strategy can overcome all market volatility or guarantee future results.

Market forecasts and projections are based on current market conditions and are subject to change without notice. Projections should not be considered a guarantee.

The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies, including market, liquidity, currency, and political risks. Mid and small cap company stocks tend to be more volatile and may be less liquid than large cap company stocks. Mid and small cap companies also may have more limited product lines, markets, or financial resources and typically experience a higher risk of failure than large companies. However, larger companies may have slower rates of growth than smaller successful companies. Investments in growth companies can be more sensitive to the company’s earnings and more volatile than the stock market in general. Investments in value companies can continue to be undervalued for long periods of time and be more volatile than the stock market in general. No investing strategy can overcome all market volatility or guarantee future results.

This broadcast may contain assumptions that are “forward-looking statements,” which are based on certain assumptions of future events. Actual events are difficult to predict and may differ from those assumed. There can be no assurance that forward-looking statements will materialize or that actual returns or results will not be materially different from those described here.

This broadcast serves as reference material and is provided for general educational purposes only; does not constitute an offer to acquire, solicitation for an offer to acquire, an offer to sell or solicitation for an offer to buy, any securities, nor is intended to be relied upon as a forecast, research, or investment advice on any securities, and cannot be used for any of the foregoing.

The views and opinions expressed by the Lord Abbett speaker are those of the speaker as of the date of the broadcast, and do not necessarily represent the views of the firm as a whole. Any such views are subject to change at any time based upon market or other conditions and Lord Abbett disclaims any responsibility to update such views. Neither Lord Abbett nor the Lord Abbett speaker can be responsible for any direct or incidental loss incurred by applying any of the information offered.

The value of investments and any income from them is not guaranteed and may fall as well as rise, and an investor may not get back the amount originally invested. Investment decisions should always be made based on an investor’s specific financial needs, objectives, goals, time horizon, and risk tolerance.

Please consult your investment professional for additional information concerning your specific situation.

The information provided is not directed at any investor or category of investors and is provided solely as general information about Lord Abbett’s products and services and to otherwise provide general investment education. None of the information provided should be regarded as a suggestion to engage in or refrain from any investment-related course of action as neither Lord Abbett nor its affiliates are undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity. If you are an individual retirement investor, contact your financial advisor or other fiduciary about whether any given investment idea, strategy, product or service may be appropriate for your circumstances.

This broadcast is the copyright © 2021 of Lord, Abbett & Co. LLC. All Rights Reserved. This recording may not be reproduced in whole or in part or any form without the permission of Lord Abbett. Lord Abbett mutual funds are distributed by Lord Abbett Distributor LLC.

FOR MORE INFORMATION ON ANY LORD ABBETT FUNDS, CONTACT YOUR INVESTMENT PROFESSIONAL OR LORD ABBETT DISTRIBUTOR LLC AT 888-522-2388, OR VISIT US AT LORDABBETT.COM FOR A PROSPECTUS WHICH CONTAINS IMPORTANT INFORMATION ABOUT A FUND'S INVESTMENT GOALS, SALES CHARGES, EXPENSES AND RISKS THAT AN INVESTOR SHOULD CONSIDER AND READ CAREFULLY BEFORE INVESTING.

ABOUT THE SPEAKER

image

Please confirm your literature shipping address

Please review the address information below and make any necessary changes.

All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

Current Literature Shipping Address

* Required field