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.
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.
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.
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.
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.
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.
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.
Portfolio Managers Dave Ellison and Ryan Kelley discuss how interest rate cuts have affected banks, the health of the banking industry, currently low valuations, and opportunities in non-bank financials.
Financial Funds Portfolio Managers David Ellison and Ryan Kelley discuss the current strength and historically low valuations of the banking sector. They discuss growth drivers for banks and highlight the opportunity among diversified financial and fintech firms.
In the following commentary, Portfolio Managers Dave Ellison and Ryan Kelley discuss the reasons behind the selloff at the end of 2018, the outlook for short-term interest rates, and what they believe is the healthy state of the banking industry going into 2019.