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>The market rotation continued to benefit many of the stocks in the Water Tower Research Furniture and Furnishings indexes.</li><li>The Water Tower Research Commercial/Contract Furniture Index was up (+5.5%) and Home Goods Retailers Index was up (+4.7%) for the week, while the Residential Manufacturers &amp; Suppliers Index pulled back slightly (-1.4%) overall, even as many individual issues within the index continued higher, as the rotation to smaller-cap and value stocks <span style="font-size: var(--content-font-size);">continued with the S&amp;P 500 and Dow 30 (-1.9%) down, while the </span>R2K (+1.8%) continued higher.</li><li>The Water Tower Research Mass Retailers Index was down modestly (-0.4%).</li></ul>

The market rotation continued to benefit many of the stocks in the Water Tower Research Furniture and Furnishings indexes.The Water Tower Research Commercial/Contract Furniture Index was up (+5.5%) and Home Goods Retailers Index was up (+4.7%) for the week, while the Residential Manufacturers &amp; Suppliers Index pulled back slightly (-1.4%) overall, even as many individual issues within the index continued higher, as the rotation to smaller-cap and value stocks continued with the S&amp;P 500 and Dow 30 (-1.9%) down, while the R2K (+1.8%) continued higher.The Water Tower Research Mass Retailers Index was down modestly (-0.4%).

Furniture/Furnishings Weekly - Conn's Files as Industry Bankruptcies and Layoffs Mount