Category: Investment Commentary

Essex’s Nancy Prial: The Disruptive Impact of “Noise” vs. Fundamentals in Small Cap Investing

Technology has transformed investing dramatically. The stock market, once the domain of seasoned investment professionals, now has algorithmic trading, speculative hedge funds, and a slew of day traders, all vying for short-term gains. While these new strategies provide liquidity and rapid-fire responses to market data...Click to Read More     Please find important disclosures here. Read more ›

Nancy Prial on Small Caps and Interest Rates

Fed Rate Cuts Often Ignite Small-Cap Outperformance Fed rate cuts have often acted as a catalyst for small-cap outperformance, with this segment frequently outperforming large-caps over the next 3, 6, and 12 months. Coupled with cheap valuations, accelerating M&A activity, and improving earnings, we are optimistic that the recent trend of small-caps outperforming large-caps can continue. Additionally, tight high-yield spreads... Read more ›

Q3 2024 GEOS Review and Outlook

  Essex Global Environmental Opportunities Strategy (GEOS) Third Quarter ended September 30, 2024    With the US Presidential election approaching, it seems everything has been politicized today, including most facets of the energy transition.  Yet we believe any political risk for the clean tech sector is overly discounted at present, expediting attractive valuations and growth prospects. Beyond this exaggerated political... Read more ›

Essex’s Nancy Prial: Small Cap Stocks Opportunities During Election Years

Small Cap Stocks Provide Opportunities During Election Years  Every four years, investors wonder what the potential impacts of both the election cycle and the subsequent election results might be.  Small cap stocks, as well as other asset classes, can exhibit unique performance patterns during election years, influenced by the political and economic uncertainty that often surrounds these periods.  September, in... Read more ›

Essex GEOS Focus on The Solar Sector

Solar has been a difficult sector for investors for more than two years.  The largest solar exchange traded fund, Invesco's Solar ETF (ticker: TAN), is down more than 23% for the year to date through 9/15/2024.  This compares to a 19% positive total return for the broader stock market as measured by the S&P 500 Index year to date.  Since... Read more ›

Nancy Prial on CNBC The Exchange and the Bull Case for Small Cap Stocks

Essex's CO-CEO Nancy Prial, along with global market strategist Brian Levitt from Invesco recently discussed their thoughts on the current outlook for Small Caps.  Nancy touches on her optimism of the Small Cap market after coming off of the second worst underperformance cycles since 1926 and what is currently driving the US economy.  She also speaks on specific names and... Read more ›

July 2024 GEOS Update

    Essex Global Environmental Opportunities Strategy (GEOS) July 2024 Update     We have long expressed that the Essex Global Environmental Opportunities Strategy (GEOS) invests in clean technologies that are commercially viable – with increasing adoption rates and profitability. The clean tech trajectory is still healthy and expanding, despite headlines and associated sentiment to the contrary. Clean technologies enable... Read more ›

GEOS: Listed Equity Infrastructure

    Listed Equity Infrastructure   Some of our clients consider the Essex Global Environmental Opportunities Strategy (GEOS) to be a way to gain access to the attributes of infrastructure, with its potential for long-term growth coupled with inflation hedging. GEOS is long-only, global, and focused across nine environmental themes, all solving the need to harness economic growth with fewer... Read more ›