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January 2022
While the pandemic slowed deal activity, the stage is set for deal making in 2022, we examine several trends that could reshape the banking ecosystem and likely provide a tailwind to bank stocks over the years to come.
November 2021
Despite exceptional YTD performance, Financials sector stocks are trading at a historically low relative discount to the market. The banking industry is healthy, and a number of catalysts, including robust M&A activity, higher interest rates, and accelerated loan growth, could push bank stocks higher.
October 2021
Portfolio Managers Dave Ellison and Ryan Kelley discuss performance and valuations within the Financials sector, buybacks, record merger and acquisition activity, and how investors may be underestimating the attractiveness of investing in banks.
June 2021
In his mid-year outlook, Hennessy Funds’ CIO Ryan Kelley reflects on the past year and shares his thoughts for the future.
May 2021
Portfolio Managers Dave Ellison and Ryan Kelley discuss the Financials sector during the pandemic, bank valuations and margins, merger and acquisition activity, and their outlook for the sector.
April 2021
Dave Ellison and Ryan Kelley, Portfolio Managers recently shared their insights on why they believe the Financial sector is poised to outperform and where they see opportunities.
December 2020
The market showed strength and resilience in 2020, hitting all-time record highs in December. With promising vaccines, historically low interest rates, and strong fundamentals, there is optimism for equities in 2021.
Portfolio Managers Dave Ellison and Ryan Kelley discuss how a Democratic administration and a vaccine might affect financial stocks. They also provide their thoughts on current valuations and the attractiveness of payment processors.
August 2020
Portfolio Managers Dave Ellison and Ryan Kelley provide their perspective on how banks are demonstrating resiliency in the face of low interest rates and the COVID-19 pandemic. They also discuss opportunities in large- and small-cap Financials.
May 2020
Portfolio Managers Dave Ellison and Ryan Kelley provide their thoughts on the impact of coronavirus on the Hennessy Large Cap Financial and Small Cap Financial Funds. They discuss banks’ strong financial position, valuations, and recent portfolio changes.
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