Make Active Great Again.
Considering the well documented migration to passive investing, is this possible? David Kostin, chief U.S. equity strategist at Goldman Sachs
, believes that the market is ripe for good old fashioned stock pickers. According to Barron’s
, Kostin and other strategists reason that in the first quarter, the S&P 500 will rise to 2,400 before retreating back to 2,300 by year end, corporate profits will rise 10%, and savvy investors will focus on companies that get most of their revenue from the U.S. Read the entire Barron’s
What does this mean for IR? Likely your organization has landed on a list of companies representing a cross-section of the economy from the defense and industrial sectors, to biotechnology, health care, and financial that active investors expect to profit from the new administration’s policies. Expect the dialogue to become more focused on top down versus bottom up factors. However, it is earnings growth that drives stocks over the long term. If and when any of these policies are actually implemented, market fundamentals won’t change – an increase in earnings is the best indicator for rising stocks.
Investors and IROs certainly have a great deal to talk about these days. This is even more reason for you to attend our Thursday night program, “Building an Award Winning Investor Day"
. We have another all-star lineup with guest speakers representing BlackRock, Conduent, Moody’s, Sealed Air
. Please register here
Attend NIRI’s annual conference from June 4-7th
in Orlando, Florida and learn how to Break the Mold, Defy Convention, Shatter Expectations and Shape the Future of IR
. Register before February 27th for additional savings! Click here
for full details and registration.
Speed Networking for NIRI New York NextGen on February 28th
. This fun, social evening is exclusively for our NextGen members. If you are interested in attending and joining NIRI New York NextGen, you must be new to the workforce and been in IR for less than 5 years. If you fit this profile or know someone who does, please contact Deb.Wasser@edelman.com
for more details about the event and membership.
Hold the Date for May 19th
when we will host our third annual half day conference. This year our topic is "Crisis Communication Essentials for the Successful IRO”
. Special thanks to the New York Stock Exchange
for hosting this event.
Thanks again for your continued support of our chapter.
Hope to see you on Thursday at “Building an Award Winning Investor Day”!
President, NIRI New York Chapter