The Current Small and Midcap Landscape

MARKET INSIGHTS

The Current Small and Midcap Landscape

Amidst a market teeming with opportunities and risks, we delve into why active management becomes not just a strategy but a necessity in navigating the volatile terrain of lower capitalization stocks.

Divergence at its Peak

What happens when the S&P 500 hits an all-time high but, simultaneously, the Russell 2000 is in massive decline? We examine the historical trends and what it could mean for stocks this time around.

Capital building with volatile graph line showing that stocks are volatile during election years.
Capital building with volatile graph line showing that stocks are volatile during election years.
Election Years - Value vs. Growth

We examine the historical trend of value stocks outperforming growth stocks during election years, a pattern evident since 1980 and is particularly pronounced in small cap stocks.

Blocks showing PMI which stands for Purchasing Managers’ Index, also known as the IMS Manufacturing Index
Blocks showing PMI which stands for Purchasing Managers’ Index, also known as the IMS Manufacturing Index
ISM Manufacturing Trends – Small Cap Implications (updated)

We examine what PMI data can say about the performance of small and large caps.

Three lines coming together to show the QPD process for PPG Industries.
Three lines coming together to show the QPD process for PPG Industries.
QPD In Action - 4Q23

This quarter we paint our Quality | Price | Discipline process by featuring the world's second largest coating/painting business, PPG Industries.

Crude Questions: Mergers and Rising Prices

Cambiar President Brian Barish details the recent acquisitions made by Exxon and Chevron and sheds light on the factors moving oil prices.

Three lines coming together to show the QPD process for PPG Industries.
Three lines coming together to show the QPD process for PPG Industries.
QPD In Action - 3Q23

We put our Quality | Price | Discipline process in motion. This quarter, we're featuring a name in the life-sciences space with a diversified business model that could stand to benefit from the weight loss drug craze.

Three lines coming together to show the QPD process for PPG Industries.
Three lines coming together to show the QPD process for PPG Industries.
QPD In Action - 2Q23

We put our Quality | Price | Discipline process in motion. This quarter we feature a small cap healthcare stock that fits the bill.

Possible Inflection Point for Small Caps

Small Caps recently snapped an extended streak of rolling negative returns. Historically this has led to a period of strong performance over the following year. We examine.

All Things Financial

We examine the state of the banking sector, rising credit card debt, rating downgrades, and where we are finding opportunities.

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What’s happening in the capital markets? We want to give you something to think about. Stay informed with our latest blogs and learn more about the emerging trends Cambiar is seeing right now.