Category: Small Growth

Wall Street Transcript – September 2018

Nancy Prial discusses Essex Investment Management Company, LLC. Ms. Prial specializes in the identification of growth. She looks for growth wherever it exists, in any industry. Ms. Prial wants to identify a stock when its price does not fully reflect its future growth prospects. Some of the areas she is currently finding growth include life sciences, infrastructure rebuilding and technology...... Read more ›

Where Does Technology Go Next?

Should we worry about the predominance of technology in the benchmarks? The technology sector was 39% of the Russell 1000 Growth at the end of March 2018 versus only 9% of the Russell 1000 Value. However, despite the strong performance of technology in general and the dominance of the FAANG themes in many growth investors’ portfolios, we believe that there... Read more ›

Q3 2017 Essex Exchange

The third quarter of 2017 was an eventful one for both the stock market and for Essex Investment Management. The market continued to make new highs, with the S&P 500 Index posting a 4.0% return for the quarter (12.5% year to date). Stocks have moved higher based on continued economic growth in the U.S. coupled with a recovery in economic... Read more ›

The Essex Exchange – First Quarter 2017: What Will it Take for Active Management to Return to Favor?

BlackRock stunned the world of active management at the end of the first quarter when it announced that it was reducing investment staff and moving strategies to the quantitative side of the business. Although the numbers were relatively small, 5 out of 53 stock pickers and $6B out of $201B (Bloomberg), investment managers wondered if this was the moment that... Read more ›

The Essex Exchange – Second Quarter 2016: How Do We Fix The Employment Conundrum

Even before the surprising vote on the Brexit at the end of June, the Federal Reserve was pulling back from their intentions to raise rates more than once this year as growth once again showed signs of bouncing around 2%. The inability of the US economy to accelerate past 2-2.5% growth continues to frustrate policy makers and citizens alike as... Read more ›

Information Flow in the Micro Cap World

Over the past 20 years, the amount of information available on financial markets has exploded due to the emergence and proliferation of the internet and social media.  Instant reporting of news followed by instant analysis has become the norm.  However, there are few quality control measures on the web as the medium is open to all.  Although this democratization and... Read more ›