There are no changes to the recommendations from Northlake’s Market Cap and Style models for May. As a result, for clients using our model strategies, current positions in the S&P 500 (SPY) and Russell 1000 Value (IWD) will be maintained for at least another month. While the positioning remains unchanged, there were some notable developments […]
IBM Corporation (IBM): IBM delivered a modest beat in the first quarter, exceeding expectations on revenue, EPS, and free cash flow. Infrastructure was the clear standout, while software was in line but somewhat noisy, and consulting came in a bit light. Demand trends remain solid. Management highlighted no signs of slowing and pointed to record […]
Northlake’s Market Cap model shifted to large cap from mid cap for April, while the Style model remains on a value signal. As a result, we moved client positions that utilize our thematic model strategy from the S&P 400 Mid Cap (MDY) to the S&P 500 (SPY). Client holdings in the Russell 1000 Value (IWD) […]
Northlake’s Market Cap and Style models are sticking with the new recommendations initiated last month for mid cap and value. Clients that use our model strategies will remain invested in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value (IWD) for at least another month. The indicators that drive our models rely on […]
Walmart (WMT): Walmart’s 4Q25 wrapped up a great year for the company and the stock. The company’s underlying business remains resilient, with U.S. same-store sales up about 4.6% and overall revenue growing roughly 5.5% year-over-year, in line with expectations, driven by strength in grocery, e-commerce, and higher-margin areas like advertising and membership income. Profit margins […]
Alphabet (GOOG): GOOG reported strong 4Q25 results beating estimates on most metrics at the corporate and segment level. Guidance commentary supported continued growth in 2026. Getting the most attention was guidance for capital spending nearly doubling in 2026 to around $180 billion. Virtually all of this spending is supporting GOOG’s increasingly apparent leadership in AI, […]
Northlake’s Market Cap and Style models produced new signals for February reflecting recent relative strength for small cap, mid cap, and value stocks amid improved economic data in the last couple of months. A weaker US dollar also helps these themes. As a result of updated recommendations, client strategies that use our models will shift […]
Meta Platforms (META): There are two big takeaways from Meta’s latest quarter: it showed AI is boosting growth in advertising, and it outlined the next spending wave. Ad impressions rose 18% while pricing rose 6%. Management attributed ad strength to clearer proof of results for advertisers, better ad targeting in feeds, and AI tools that […]
Northlake’s Style and Market Cap model shifted back to a neutral stance to begin 2026 after spending just one month in a growth posture. The move was driven by changes in market trend and technical indicators, which have recently shown improved performance among mid- and small-cap stocks. This shift comes against a backdrop of continued […]
Home Depot (HD) reported solid 2Q21 results with same store sales growing in-line with expectations and earnings ahead of consensus estimates. HD chose not to provide guidance given uncertainty related to the ongoing pandemic. Management had a positive tone on the outlook for 2H21 and the long-term housing environment. HD noted that August has started […]
