Sony Raises Guidance and Northlake Raises Target

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Sony (SNE) provided a great boost to our investment thesis with the company’s 3Q20 earnings results.  Earnings easily beat Wall Street estimates with strength in almost all segments.  Gaming and Image Sensors led the way.  Gaming got a boost from the rollout of the PS5 console, popular new games, and continuing subscription growth.  Image Sensors […]

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Adding Growth and Value with Sony

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We recently added Sony (SNE) to Northlake client accounts.  In many cases, we partially paid for the investment in SNE by selling shares of ViacomCBS (VIAC). SNE is well-known for its consumer electronics products, but this is just a small part of the company.  The key growth drivers are video games, music, TV and film […]

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