The December update to Northlake’s Market Cap and Style models sees new recommendations for both models. After five months recommending mid cap, the Market Cap model shifted to large cap. After four months at neutral the Style model changed to growth. Client accounts using our models will sell the S&P 400 Mid Cap (MDY) and […]
Nexstar (NXST): NXST posted a mixed quarter that keeps the 2026 election tailwind in play while 2025 still looks softer. Revenue was on target, but earnings fell short as political dollars fell, equity income from Food Network eased, and a one-time distribution claim hit margins. Ads were down on the tough political comparison while core […]
Northlake’s models continue to favor mid cap and remain neutral on growth vs. value. The models recommendations and underlying factors reflect an outlook for good market breadth and continued moderate economic growth. This outlook is consistent with our broad diversification for client portfolios that use thematic strategies but do not follow our models. For portfolios […]
IBM (IBM): IBM is growing again and the long-term setup looks better, but the stock’s run has lifted expectations. The focus now is on Software turning strong orders into recognized revenue, and on AI showing up clearly in earnings, with Red Hat anchoring the mix and durability of that growth. Early-cycle mainframe strength and tight […]
Northlake’s Market Cap and Style models remain neutral on growth vs. value and favor mid cap for October. This means client portfolios using our model strategy will continue to own the S&P 400 Mid Cap (MDY), the Russell 1000 Growth (IWF), and the Russell 1000 Value (IWD) at least through October. Client accounts using Thematic […]
Northlake’s thematic models are recommending mid cap and neutrality on style again this month. Both calls were successful in August amid a pullback in the Mag 7 AI-driven trade and increased chances that the Fed begins cutting the Federal Funds Rate again in September. There will be no changes to model positions in client portfolios. […]
Disney (DIS): Disney’s latest quarter marked a significant inflection point, showcasing tangible progress in its strategic pivot towards profitable growth across its diverse empire. The Direct-to-Consumer streaming business delivered the fourth consecutive quarter of meaningful profitability, a major milestone driven by cost discipline and pricing power. Management is shifting investor focus away from raw subscriber […]
Northlake’s Style model is scaling back its pro-growth stance for August, moving from Growth to Neutral. Client strategies that follow our models will trim half of the Russell 1000 Growth (IWF) holding and reallocate the proceeds to the Russell 1000 Value (IWD). There is no change to the Market-Cap model, which continues to favor mid-cap […]
Alphabet (GOOG): GOOG delivered a strong reassurance to investors with its 2Q25 earnings report, underscoring its market leadership and the successful execution of its AI-first strategy. The company reported robust consolidated revenue growth of 14% year-over-year, driven by double-digit gains across Google Search & other, YouTube ads, and Subscriptions, alongside a significant 32% surge in […]
Northlake’s Market model is switching its recommendation from large cap to mid cap for July. As a result of this change, for client strategies that use Northlake’s models, we are swapping current positions in the S&P 500 (SPY) to the S&P 400 Mid Cap (MDY). There are no changes to the growth recommendation from the […]
