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The Close on Bloomberg

October 29, 2024

Andrew discusses AMDs downbeat earnings report and its challenges gaining meaningful market share in AI training.  He also highlights a potential opportunity for AMD and others when the majority of AI workloads transition from the training to inferencing.

Bloomberg TV

Dynamic Equity Growth Strategies for Market Success

October 29, 2024

Andrew joins the Financial Perspectives podcast to discuss active management and JSC’s active approach to equity growth.

The podcast is presented by the CFA Society San Francisco.

American Express Earnings

October 18, 2024

Andrew discusses AXP as a relative safe haven and fully-valued stock, while shifting attention to the opportunity in regional banks.

Schwab Network

Markets react as tensions rise in the Middle East

October 1, 2024

Andrew comments on recent events in the context of a market that is richly valued and therefore more sensitive to shocks of all kinds.

Reuters

Breaking Down FedEx Earnings

September 20, 2024

Speaking on Bloomberg Television, Andrew shares his take on FedEx’s latest earnings report.

Bloomberg TV

Nvidia (NVDA) & AMD Inc. (AMD) to Keep “Fatigued” Chip Trade Moving

September 6, 2024

Andrew Graham and Kim Forrest appear on Trading 360 to discuss the outlook for semiconductor stocks.

Schwab Network

Stocks tumble as September starts, investors cool on chips

September 3, 2024

Reuters compiled advisor perspectives heading into the historically weak month of September.  Andrew is featured offering perspective on NVDA and other AI beneficiaries that may be entering a natural period of disillusionment.

Reuters

Fed more likely to cut 25 bps, not 50 bps

August 21, 2024

Andrew joins ‘Fast Money’ to talk signs of economic slowing, what to expect from the FOMC moving forward, and more.

CNBC News

Small caps could be in for a revival

August 13, 2024

Small and mid-cap stocks usually outperform during a cyclical recovery, that may come into view once the Fed begins its easing cycle. Recent strength in the Russell 2000 Index (RTY) has been an encouraging sign, but not all factors point to an imminent cyclical recovery. Andrew discusses what is missing and what to look for.

CNBC News

AAPL Earnings Beat Despite Slip in iPhone Sales

August 2, 2024

Andrew Graham and CFRA’s Angelo Zino talk about Apple’s (AAPL) earnings and what to expect from ‘Apple Intelligence.’

Schwab Network

Technology stocks continue to rally

July 3, 2024

In a CNBC feature, Andrew shares why the AI theme is here to stay and how JSC portfolios have managed to outperform the market YTD.

CNBC News

Bank Earnings Preview

July 8, 2024

Appearing on Schwab Network’s 360 Round, Andrew shares his ‘cautiously constructive’ view heading into bank earnings.

Schwab Network

Weighing the Odds of a Soft Landing

May 15, 2024

Andrew joins Charles Payne on Making Money to discuss risks to the soft landing scenario and factors necessary to sustain the current bull market.

Arm Holdings (ARM) is Not a Beneficiary of A.I. Right Now

May 9, 2024

Although ARM fell following underwhelming F25 revenue guidance, Andrew highlights how the company is on track to ultimately benefit from increased demand for accelerated compute and A.I. workloads.

Schwab Network

Macro Outlook and Mega Cap Tech

April 26, 2024

Andrew Graham joins Oliver Renick to discuss the outlook for mega cap tech and inflation, as well as Alphabet (GOOGL) and the A.I. race.

Schwab Network

Adobe Plunges After Earnings

March 15, 2024

Andrew Graham and Keith Kirkpatrick join the Watchlist to discuss the outlook for Adobe. Although there are challenges in the near-term, Adobe may benefit from the adoption of generative AI over the longer term.

Schwab Network

Target date funds can be ‘a mixed bag’ for investors

March 7, 2024

Although target date funds can simplify investing for retirement, there are certain tradeoffs an investor should understand before selecting this formulaic option.

CNBC News

The Road Ahead for the Fed

February 2, 2024

Speaking with Oliver Renick, Andrew notes there is a favorable outlook for equities as long as the macro environment remains benign. The two discuss the road ahead for the Fed, as well as how inflation is affecting markets and when to own small cap stocks.

Schwab Network

What do Advisors see for 2024?

January 18, 2024

Speaking as one of five featured advisors on Barron’s Advisor Q&A, Andrew explores why we’d see a pull-back to start the year and predicts small-cap stocks will outperform large-caps for the year.

When does bad news become bad again?

December 7, 2023

A meaningful slowdown in job creation over the coming months would likely flip the ‘bad-news-is-good’ for equities script.  Pricing in an economic slowdown or recession would weigh on deep cyclical and small cap stock valuations, making for an attractive entry point

CNBC News

‘Rolling Recession’ to roll on 

December 4, 2023

Andrew speaks with Chuck Jaffe about the emerging Goldilocks theme, AI beneficiaries and a lightening round featuring APD, MRO, AMT and C.

Money Life with Chuck Jaffe

Alphabet stock falls after cloud revenue misses

October 25, 2023

Speaking on an earnings panel, Andrew discusses key takeaways from Alphabet’s Q3’23 earnings report. He highlights pressure on the NYSE FANG+ Index with overcrowding in Magnificent Seven names like GOOGL.

Schwab Network

The worst is yet to come

October 16, 2023

Although the S&P 500 fell 6.5% during August and September, Andrew explores the possibility of more near-term downside. There’s a case to be made for taking advantage of cheap entry points into deep cyclical stocks sometime near the beginning of 2024.

CNBC News

How much pain will China’s slowdown cause?

September 20, 2023

As a featured advisor on Barron’s, Andrew weighs-in on the impact of dollar strength amid weakness in China.

Is it time to dump AI stocks?

August 10, 2023

Advisors weigh in on the AI hype cycle, with Andrew stating why we prefer to invest in the suppliers of the AI build-out (NVDA) as opposed to the hyperscalers doing the building (MSFT).

Investment News

Apple: Slowdown or Turnaround?

August 5, 2023

Andrew appears on a panel with Daniel Rubino to discuss Apple’s most recent earnings report. We see softness in the stock price following earnings as a buying opportunity. Growth in services revenue and in certain geographies are a bright spot, while on the product side, ongoing growth in the installed base makes AAPL a compounding earnings story going forward.

The case for owning foreign stocks as the dollar declines

August 3, 2023

JSC Advisor Michael Cordano comments on the impact a weaker dollar has on U.S. equities, ultimately saying every investment needs to be justified by strong fundamentals.

Investment News

Cruise line stocks are a light on the horizon

July 7, 2023

Cruise line stocks came under immense pressure during the pandemic and may now be well positioned for growth given several factors that are expected to improve profit margins.

CNBC News

Healthcare Considerations for Retirement

July 5, 2023

Medicare is a core component of healthcare coverage in retirement, but it’s not the only consideration. We explore commonly overlooked items, such as the early retirement gap and Long-Term Care funding.

How A.I. impacts cybersecurity stocks

May 31, 2023

Cybersecurity concerns are front and center as adversaries integrate generative A.I. into their activity and threat detection becomes increasingly critical.  Palo Alto Networks (PANW) and Fortinet (FTNT) are among our top picks in the space.

Defensive Positioning

May 10, 2023

Andrew joins Chuck Jaffe during the Market Call segment of his podcast Money Life. Tune in at the 31:50 mark to hear why JSC portfolios are defensively positioned at the moment. Andrew also shares examples of recent buys/sells.

Money Life with Chuck Jaffe

Bad for the economy

April 25, 2023

Appearing on ‘Making Money’ Andrew speaks about repercussions of the regional banking crisis, while highlighting stocks to buy in the event of a ‘fire sale’ as well as a defensive telecom play with material upside potential.

Betting on the AI Boom

April 14, 2023

Regardless of which company ends up becoming the dominant in the Artificial Intelligence space, the increased competition will benefit GPU and network equipment stocks.

ChatGPT kicked off an arms race

March 1, 2023

Andrew discusses why we expect Nvidia (NVDA) and Arista Networks (ANET) to benefit from the “A.I. arms race.”

How to leave NFL tickets to heirs without getting sacked

February 9, 2023

JSC Advisor Michael Cordano comments on a possible hidden cost for season tickets, in an Investment News article exploring the pitfalls to consider when passing tickets to heirs.

Investment News

Mega-cap tech facing headwinds

February 3, 2023

AAPL, GOOGL, MSFT and AMZN are all facing a difficult macro environment and investors prefer these companies cut costs to defend profit margins. META was the cleanest mega-cap story going into and out of earnings given easier comps, lack of cloud exposure and well-defined cost cutting.

Keep an eye on medical technology and alternative energy sectors

January 30, 2023

We expect stocks to come under pressure in the short term, though certain sectors have a more favorable outlook. Look to companies producing innovative medical devices for home-use now that healthcare can expand beyond singular focus on Covid-19. In addition, alternative energy companies like Array (ARRY) are positioned to benefit from the Inflation Reduction Act.

CNBC News

Retirees stretch plummeting savings

January 17, 2023

A new survey shows the retirement crisis in the US has substantially worsened over the past year due to a combination of factors, including inflation and a falling stock market. JSC Advisor Joy Budnik suggests things could be even worse than the survey suggests, looking at the drop in the S&P 500 during calendar year 2022 and focusing on how health-related items can exacerbate a strain on savings.

Investment News

Investors need to wait before snatching up software stocks

December 6, 2022

Elevated real yields, a challenging business landscape and disappointing earnings set the stage for a buying opportunity in software stocks during the late winter or early spring of 2023.

CNBC News

Semiconductor Sentiment

December 2, 2022

Andrew Graham joins Logan Gilland on TD Ameritrade to discuss the Tech sector going into 2023 with the outlook for semiconductors and software.

Outlook for Mega Cap Tech Stocks

October 11, 2022

Andrew discusses JSC’s underweight in the technology sector relative to the S&P 500, why real yields are key for technology stocks and what factors we’d expect to lead to a cyclical recovery.

Investing in a tough macro environment

September 28, 2022

Andrew joins Chuck Jaffe during the Market Call segment of his podcast Money Life. Tune in at the 36:20 mark to hear Andrew’s perspective on investing during a tough macro environment and get Andrew’s take on listener-directed stock picks.

Money Life with Chuck Jaffe

Stock picks for a tough month

September 2, 2022

Andrew joins Becky Quick on the ‘CNBC Special: Back to Business’ to discuss seasonality and one of his top stock picks, AbbVie (ABBV).

CNBC News

Market could buck September trend

August 29, 2022

September is the month when the stock market’s three leading indexes usually perform the poorest. However, due to the de-risking that has already taken place this year, it’s reasonable to expect a better-than-usual September.

CNBC News

Retail earnings season update

August 22, 2022

Andrew appears on ‘The Claman Countdown’ to discuss the strength of the US consumer, tough comps retailers will face in Q3 and why Ulta Beauty remains an attractive investment.

Dividend stocks are a smart option for yield-hungry retired investors

July 22, 2022

Dividend-paying stocks play an important part in a retiree’s portfolio. Beware the reach for yield and instead focus on high-quality dividend-paying stocks in inexpensive sectors.

CNBC News

Financial Stock Performance Amid Inflationary Pressures

July 15, 2022

Andrew comments on earnings reports from Morgan Stanley (MS) and JPMorgan Chase (JPM), noting positive takeaways about the health of the consumer from JPM. However, regional banks are the place to look for growth, with First Republic (FRC) a top choice.

Retirees regret too much spending, too little planning

June 23, 2022

JSC Advisor Michael Cordano discusses some of the investment regrets individuals face as they approach retirement.

Investment News

Payment Stocks

June 8, 2022

Andrew maintains a favorable view of payment stocks long-term, but is more cautious in the near-term as a rising interest rate environment puts pressure on premium multiples. Credit card network names like V and MA will need to be driven by earnings in the near-term, while AXP faces difficult comps over the next 12 months.

SEC warns investors against digital engagement practices with ‘Investomania’ campaign

June 3, 2022

JSC Advisor Joy Budnik comments about the ‘gamification’ of investing and a new SEC game-show ad campaign, which highlights the potential downside of merging social media with investment speculation.

Time for retirees to consider a reverse mortgage?

May 27, 2022

In comments to Investment News, Joy discusses one of the major potential problems with a reverse mortgage and why it is not ideal to rely on home equity as the sole source of income in retirement.

Investment News

GDP & Jobless Claims

May 26, 2022

Speaking on a panel, Andrew explores why strong labor market data and resilient credit conditions make an imminent recession unlikely.  Removing near-term recession risks, would make current levels a significant buying opportunity.

Energy and health care are sectors to watch

May 17, 2022

The equity landscape seems bleak, but there are reasons this year’s equity selloff constitutes unsustainable panic. Andrew explores why brighter days are ahead and names three stocks to watch as mid-to-late cycle dynamics play out once inflation concerns recede.

CNBC News

Four strategies to invest and profit as inflation soars

April 5, 2022

Speaking with Bobbi Rebell of the Money Tips for Financial Grownups podcast, Andrew discusses smart ways to invest in an inflationary environment.

money tips for grown ups

The bullish case for Eli Lilly, Ulta Beauty

April 5, 2022

Andrew discusses two stock ideas with defensive growth characteristics.

Savvy tax-efficient investment strategies

March 30, 2022

With taxes top of mind, Andrew discusses three creative strategies for investors looking to reduce taxes paid on investment income and capital gains.

CNBC News

Salesforce (CRM) Q4 Earnings Recap

March 2, 2022

Dan Romanoff and Andrew Graham break down Salesforce (CRM) 4Q earnings and what it says about the broader technology sector and cloud stocks amid recent weakness

Why the Fed is the overarching market theme

February 18, 2022

Interest rates and bond yields were the primary driver of the January correction, which in terms of magnitude was inline with past market reactions at the beginning of a tightening cycle. Expect Fed to be methodical and data driven as interest rate hikes are used to curb inflation. While there is risk for a policy mistake, many overlook the possibility Fed could get it right.

Tech buying opportunities for investors to consider

February 1, 2022

Despite the slump in Technology, software firms continue to trade above their 20-year average. However, no one should expect multiples to approach historical averages, especially among software-as-a-service (SaaS) firms, which now generate healthy recurring revenues, strong Operating Margins and sustainably higher free cash flow generation.

CNBC News

Rate Hikes Coming Sooner Than Expected

December 17, 2021

Investors are just now pricing in an accelerated timetable for the Fed liftoff, and that’s dampening sentiment in equity markets.

turbulence in U.S. stocks expected as some states prepare to reopen their economies

Energy companies that could be good for investors

December 14, 2021

Andrew discusses the macro factors and fundamental tailwinds supporting energy stocks, and identifies  companies we expect to be upside standouts.

CNBC News

This tax break can save ultra-wealthy clients millions

November 15, 2021

The qualified small business stock (QSBS) capital gain exclusion applies to any business, though it is especially relevant to high-net-worth investors associated with tech startups. Learn more about how the exclusion works and how to make the most of it.

media feature

Stock Picks: VSCO, SLB, OVV

November 10, 2021

Easing supply chain issues and a high savings rate give way to expectations for a robust U.S. consumer in 2022. In light of this, Andrew’s stock picks include Victoria’s Secret (VSCO), Schlumberger (SLB), and Ovintiv (OVV).

Opportunity zone funds are more about hype than substance when it comes to tax planning

October 27, 2021

Andrew discusses four red flags associated with investments in opportunity zones, concluding QOZ funds are more about hype than substance when it comes to tax planning.

CNBC News

Investing Strategies in the Current Market Environment

October 11, 2021

Among cyclical sectors which benefit from fading Covid concerns, Energy is set to take a leadership role. Andrew speaks about supply and demand dynamics, as well as why current positioning make energy names like OVV, RDS/A and SLB attractive.

Britney Spears’ Father is out as Conservator

September 30, 2021

JSC’s own Cannon Allen speaks with Barron’s about the fiduciary nature of a conservatorship, which contrasts with abusive practices sometimes seen.

Retiring Soon? Sold Your Home?

September 4, 2021

Reinvesting in dividend paying stocks is a good option for investors who seek the steady income of bonds, but currently find yields unattractive.

The Claman Countdown

September 3, 2021

Andrew discusses two companies with strong balance sheets, and significant upside potential. VSCO appears to be mispriced following its spin from L Brands, while BAM is still valued under an old capital allocation model that doesn’t account for positive changes to the company’s fundraising efforts.

Chemical Stocks to Watch

August 5, 2021

With bond yields currently reflecting late cycle dynamics, we look to the next few jobs reports for proof of a durable and sustainable cyclical recovery. An in-line/higher number on Friday will reinforce macro fundamentals which still point to early cycle dynamics, higher bond yields and cyclical equity sector outperformance—with OLN, LBV and LIN among the beneficiaries.

VIPs are Venturing Into Crypto, but Many Advisors Still Hesitate

July 21, 2021

Andrew Graham explains why Jackson Square Capital doesn’t have enough conviction in cryptocurrency to buy into the hype: 1) crypto doesn’t have enough of a track record to get a good understanding for things like correlation, and 2) it’s tough to value since it doesn’t produce cash flow. JSC does have exposure to blockchain-based digital payments platform, however, via investment in SBNY.

media feature

Britney Spears’ Father is out as Conservator

September 30, 2021

Cannon Allen speaks with Barron’s about the fiduciary role of a conservator.

How Investors Can Prepare for an Inflation Fallout

June 22, 2021

Prices have been climbing amid faster than expected reopening and recovery, low interest rates, and supply constraints. If inflation ends up being more than transitory, it likely spells the end of outsized gains in tech. An inflationary environment favors companies with exposure to hard assets, such as real estate and infrastructure. Other bright spots include energy, materials, mining and some regional banks.

Navigating Equity Compensation

June 18, 2021

There are unique challenges associated with managing a concentrated equity position, but ultimately we all face the same two ‘elephants in the room’ when it comes to money: and those are emotion and uncertainty. Having a plan that balances a client’s financial security with desire for upside, along with other goals is critical.

The Big Q: How are Advisors Adjusting to Post-Pandemic Conditions?

June 16, 2021

Andrew discusses Jackson Square Capital’s return to office.

Here’s Why Experts Say Buybacks Will Accelerate In 2021

May 21, 2021

Many companies cancelled stock buyback plans last year during the Covid lockdowns due to uncertainties, but now feel more comfortable about increasing shareholder returns via dividends and stock buybacks. Expect to see firms to enact buybacks as they grow optimistic about near-term prospects and as the economy continues to open up amid rapid vaccinations.

What Economic Data Is Telling Us About Inflation

May 11, 2021

Supply constraints build as a result of strong demand, with the US consumer not skipping a beat. Expect pricing pressures to be more acute and broad-based in the near-term as Fed policy prioritizes lingering labor market weakness. Higher inflation remains as a key identifiable risk for equity markets in Q3.  

Utility Stocks Are Lagging, But Analysts Disagree If It’s A Buying Opportunity

May 4, 2021

Utility stocks are considered a ‘bond proxy’ due to their high dividend payout ratios. Utility stocks are struggling because bond yields are currently rising, but we may consider including Utilities in portfolios when our bond yield forecasts changes.

Sports Gambling Stocks May Soon Be on the Rise

May 4, 2021

74 million Americans have gained access to legal sports betting markets since 2019, with the potential for an even bigger boost as states look to capture sports-gambling-related taxes in the wake of pandemic-related fiscal challenges. Mobile betting and in-game wagering create additional momentum. Those with the greatest potential to benefit are sportsbooks, strong brands like Barstool Sports, and companies that have agreements to broadcast major professional sports.

Hard to Win This Game

April 9, 2021

BP to become first oil major to resume share buybacks, while competitors remain cautious. Andrew says buybacks may be important to the group now as investors prefer slower capital spending and better free cash flow generation.

The Outlook for Inflation in the Near-Term

March 31, 2021

The global growth story and bottleneck pressures have lifted core goods pricing to a 20 year high. As growth rotates to the service sector, we could see reflation emerge.

Find Market Opportunities as Tech Stocks Stumble

March 31, 2021

As the economy perks up, there’s the temptation to take the ‘value is everywhere approach.’ That won’t be the case. We look to cyclically sensitive stocks, focusing in particular on banks, and highlight opportunities to find unexpected value within tech.

Here are the stocks ready to rise thanks to new stimulus checks

March 15, 2021

Consumer confidence was already increasing prior to the latest round of stimulus. But, are the latest checks a tradable event? Hear from experts, including Andrew Graham, who expects incremental benefits to accrue to growth retailers.

Should Retirees Pay Off Their Mortgage or Invest the Money?

February 24, 2021

The Wall Street Journal outlines four steps you can take when answering this question in today’s low-rate environment. As mentioned in the article, Andrew Graham, CFA is generally in favor of keeping a mortgage of up to the tax-deductibility limit of $750,000. But, there are exceptions.

Who Will Pay Dividends This Year?

February 24, 2021

Dividend increases are expected from US companies whose earnings have been far more resilient than firms in the Eurozone and UK economies during the pandemic. Companies in the consumer staples, financials, energy, and technology sectors are most likely contenders.

Andrew Graham On Tech Sector Opportunities

February 19, 2021

Rising bond yields put downward pressure on earnings multiples across the board, and create risk for lower re-rating in richly valued software and technology companies. There are, however pockets of opportunity, including Verisign and GoDaddy.

discussion of bond-like equities on TD Ameritrade

Can Stocks Keep Rising Or Is A Correction Imminent?

February 17, 2021

Eight market experts predict the likelihood of a correction and identify sectors and stocks likely to be hurt in the downturn, and contrarily, which sectors would be buoyed further by a continued rally.

Financial reminder few athletes are Tom Brady

February 8, 2021

Investment and career dynamics for NFL players call for tailored investment strategies. Unlike other high-income earners, most professional NFL players’ earnings are concentrated within a short window of time. This makes income planning critical, and also informs investment selection.  Time constraints, unique income tax implications and the speed at which earnings can accumulate all factor into the financial fitness of these top tier athletes.

M&A Activity in 2021

February 5, 2021

With rates low, companies will look to mergers as business catalysts. Financials are an obvious beneficiary and attractive on their own, although we’ve identified three potential acquisition targets in this space. In addition, keep an eye on health care and biotech sectors, especially companies on the brink of producing promising phase three data for headlines drugs.

The Impact of Further Stimulus Spending

January 19, 2021

The incoming Biden administration and Democratcontrolled Senate increases fiscal spending expectations, and adds conviction to our call for higher bond yields and curve steepening.  As a result, we maintain our cyclical/value equity bias with an eye on deep-cyclicals. We share two of these names with Nicole Petallides.

discussion of bond-like equities on TD Ameritrade

Searching for growth stocks in 2021

December 14, 2020

There have been multiple short-lived rotations into value since 2009. None have lasted long, and it may be tempting to think the current rotation won’t have staying power either. Writing for US News, Andrew covers the events that contributed to eleven years of cyclical/value sector underperformance and makes the case why this time may be different.  He also identifies three value stocks at fundamental inflection points

Andrew Graham on The Claman Countdown 

November 24, 2020

Speaking with Liz Claman on Fox Business News, Andrew shares two value sector stocks and one growth stock with incredible upside potential. The two also briefly discuss Biden’s Treasury Secretary nominee, Janet Yellen.

Link coming soon.

What investors can expect once election 2020 is over

November 3, 2020

A Democrat ‘trifecta’ would probably lead to large-scale fiscal spending and rising bond yields, benefiting the financial sector.  If Trump wins reelection, the GOP maintains its majority in the Senate and the House remains under Democratic control, investors are likely to forget about the prospect of higher tax rates and more business regulations, leading to immediate upside. However, overall markets prefer divided government.

Stocks that’ll gain off the iPhone 12

October 16, 2020

Andrew identifies Apple suppliers that could benefit the most from sales of the newly released 5G iPhone. He also cautions Reuters’ Fred Katayama on a group of stocks to avoid.

turbulence in U.S. stocks expected as some states prepare to reopen their economies

What’s the fallout from the Biden tax plan?

October 5, 2020

Biden tax plan to have negative implications for US businesses, especially those with foreign subsidiaries. Higher corporate tax rates would be a slight headwind for S&P 500 earnings. The outlook for individuals and families is more complicated, and we provide an overview of potential changes and actions to deal with implications.

Examining Recent Market Activity

September 24, 2020

We see 3600 as a possible year-end target for the S&P 500, with current pullback as a buying opportunity. FDX, TMO RNG are stocks to watch.

discussion of bond-like equities on TD Ameritrade

Where Investors can find value stocks

September 7, 2020

As economic data and vaccine optimism improve, expectations for tech companies are likely to rise and we are more likely to see tech names start to fall short of (already outsized) expectations. This domino effect could spur a rotation out of tech and into value cyclicals.

Massive Runway Left for Ring Central Stock

August 18, 2020

Andrew addresses how we add positions to accounts, and details two current favorites: RNG and VRNS.

discussion of bond-like equities on TD Ameritrade

Bloomberg Daybreak Australia: Some US Indicators Are Stalling

July 27, 2020

Speaking with Haidi Stroud-Watts, Andrew discusses the risk posed by US/China headlines and the current market impact of COVID-19.

discussion of oil prices and US Energy on Bloomberg Daybreak

Andrew Graham on Bloomberg Radio

July 26, 2020

Speaking with Doug Krizner and Paul Allen, Andrew discusses why US data momentum is the biggest driver for US equities, why the tech runup isn’t a bubble, and how gold fits into the current economic picture.

discussion of oil prices and US Energy on Bloomberg Daybreak

Top Upside and Market Risks This Election Year

July 24, 2020

The fallout from COVID combined with increased anxiety around the upcoming election has retail investors hoarding cash and steering clear of the markets, in what’s considered a bullish contrarian signal. Apart from the election, Andrew discusses a few possibilities and their potential impact on markets.

Markets are mispricing COVID-19 risk and November election risk

July 17, 2020

Andrew discusses the equity risk premium and why equities are inexpensive relative to bonds. And why recent strength in cyclical/value sectors is unlikely to lead to rotation out of growth.

discussion of bond-like equities on TD Ameritrade

A Pharma Pick With Catalysts

June 24, 2020

Tech names clearly benefit from COVID-19 disruption, specifically in a more rapid adoption of cloud computing.  But in this segment we focus on Eli Lilly (LLY), our cleanest growth story in Pharma with a strong product pipeline and catalysts ahead.

discussion of bond-like equities on TD Ameritrade

In Stock Market Versus Sentiment, It’s All About Money Supply

June 8, 2020

The recent rally in equity markets has occurred despite weak overall economic activity and still bearish investor sentiment.  The key factor is the rapid growth in money supply, which has created an unprecedented global liquidity boom to support markets in the face of extraordinary hurdles.

Fed has structurally altered liquidity environment for the forseeable future

May 21, 2020

Low bond yields drive equity market and our move to ‘sustainable dividend yield’ names. We expect short term consolidation followed by higher levels in the SPX H1 2021 and economic recovery to 2019 levels by late 2021.

discussion of bond-like equities on TD Ameritrade

Build Holdings in Defensive and Cyclical Industries

May 18, 2020

Find out which stocks are great options that can help you with steady dividends

Bloomberg Daybreak Australia: Oil Gains on OPEC Cuts

May 15, 2020

Speaking with Haidi Stroud-Watts on Bloomberg Daybreak Australia, Andrew discusses the outlook for oil prices and the potential for attractive investments in US Energy.

discussion of oil prices and US Energy on Bloomberg Daybreak

Investors prepare for more U.S. stock swings as states reopen

May 15, 2020

Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise. Andrew mentions JSC’s focus on stocks he believes can maintain high dividend yields, especially within the pharmaceutical industry.

turbulence in U.S. stocks expected as some states prepare to reopen their economies

Andrew Graham’s Guidelines for Cyclical & Sector Rotation

April 28, 2020

Lower for longer bond yields make bond-like equities an eventual substitute for frustrated income investors.  Companies with sustainable dividend yields fit the bill. Andrew mentions a few names in particular while speaking on TD Ameritrade Network.

discussion of bond-like equities on TD Ameritrade

How Stop-Loss Limits Help Active Investors

April 10, 2020

A strategy involving a loss limit rule may position you to maximize gains, limit more severe drawdowns during a bear market and drive tax-efficient investment returns.

Andrew Graham on the Closing Bell

March 25, 2020

Speaking on Fox Business News, Andrew shares some of JSC’s favorite software names and thoughts on Congress’ stimulus relief bill.

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Jackson Square Capital is an SEC Registered Investment Advisory firm, founded in March 2019 when Andrew Graham and his team left J.P. Morgan in order to create a firm tailored to the High Net Worth Clients they’ve served for more than 35 years.

The San Francisco, California based firm offers investment management and wealth advisory services through a highly-personalized, client centric model designed to help clients achieve their individual financial goals.