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 mixed week for furniture and furnishings stocks as technology stocks once again drive the market.</li><li>The Water Tower Research Commercial/Contract Furniture Index (-1.7%) and Home Goods Retailers Index (-3.9%) were both down for the week, while the Residential Manufacturers &amp; Suppliers Index (+1.2%) was up.</li><li>The Mass Retailers Index was basically flat (+0.1%), while the three major indexes were all down modestly, with the S&amp;P 500 and DJ30 both down (-0.2%) and the R2K down (-0.8%).</li></ul>

A mixed week for furniture and furnishings stocks as technology stocks once again drive the market.The Water Tower Research Commercial/Contract Furniture Index (-1.7%) and Home Goods Retailers Index (-3.9%) were both down for the week, while the Residential Manufacturers &amp; Suppliers Index (+1.2%) was up.The Mass Retailers Index was basically flat (+0.1%), while the three major indexes were all down modestly, with the S&amp;P 500 and DJ30 both down (-0.2%) and the R2K down (-0.8%).

Furniture/Furnishings Weekly - October 7, 2024