Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Thematic (Sector/Industry)

United states Consumer discretionary / Thematic (Sector/Industry)

<ul><li>A relatively quiet week for the markets as earnings growth through the start of earnings season, increasing confidence around the no/soft landing scenario, and China stimulus offset growing concerns over luxury spend.</li><li>The WTR Commercial/Contract Furniture Index was up 2.2% and the WTR Residential Manufacturers &amp; Suppliers Index was up 1%, while the WTR Home Goods Retailers Index was down 0.9%.</li><li>The DJ30 and S&amp;P 500 were both flat at +0.1%, while the R2K was up 1.2%. The WTR Mass Retailers Index was up 0.7%.</li></ul>

A relatively quiet week for the markets as earnings growth through the start of earnings season, increasing confidence around the no/soft landing scenario, and China stimulus offset growing concerns over luxury spend.The WTR Commercial/Contract Furniture Index was up 2.2% and the WTR Residential Manufacturers &amp; Suppliers Index was up 1%, while the WTR Home Goods Retailers Index was down 0.9%.The DJ30 and S&amp;P 500 were both flat at +0.1%, while the R2K was up 1.2%. The WTR Mass Retailers Index was up 0.7%.

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