RESEARCH

Title Date
Payments: The Adyen Threat – Takeaways From Adyen’s First Capital Markets Day Apr 18, 2019
Google Cloud Next 2019: Key Takeaways – April 18, 2019 Apr 18, 2019
Omnicom: Better Value Elsewhere Apr 17, 2019
Netflix: How Disney’s Entry Impacts the SVOD Market? Apr 17, 2019
IBM 1Q19: Meh Apr 17, 2019
What Does the Future of Streaming Look Like Slides Apr 17, 2019
6th Annual MoffettNathanson Media and Communications Agenda Apr 17, 2019
Crown Castle Q1 2019 Earnings: Valuation Triangulation Apr 17, 2019
Communications Infrastructure Comps 2019-04-15 Apr 15, 2019
Internet Comps 2019-04-15 Apr 15, 2019
Media Comps 2019-04-15 Apr 15, 2019
Telecom Cable Satellite Comps 2019-04-15 Apr 15, 2019
Disney: Worth the Wait Apr 12, 2019
Fiserv + First Data: Easier Synergies, Harder Long-term Growth – Our Revenue Outlook Apr 11, 2019
U.S. Cable and U.S. Wireless: Convergence End-Games - April 11, 2019 Apr 11, 2019
Disney: Getting Closer to Breaking Through Apr 9, 2019
Data Centers: Which Operators are Converting Growth into Value? Examining ROIC and Property-Level Yields Apr 8, 2019
FIS + Worldpay: 1+1=7.7%. Our Revenue Growth Outlook Apr 8, 2019
Netflix Survey: The Walmart of SVOD for a Reason Apr 8, 2019
Communications Infrastructure Comps 2019-04-08 Apr 8, 2019
Internet Comps 2019-04-08 Apr 8, 2019
Media Comps 2019-04-08 Apr 8, 2019
Telecom Cable Satellite Comps 2019-04-08 Apr 8, 2019
Telecom and Cable & Satellite Marketing Deck Apr 5, 2019
U.S. Advertising: A False Dichotomy? Apr 5, 2019
Broadband Success Partners Lightpath Deep Dive Apr 4, 2019
Film Studios: Having Their Cake And Eating It Too? Apr 4, 2019
U.S. Cable: What Would Happen in a Recession? Apr 3, 2019
The Merchant Acquirer M&A Chessboard - Who is Next? Apr 3, 2019
U.S. Media: The Value of Libraries, or in Other Words, What Ted Sarandos Knew Apr 2, 2019
T-Mobile and Sprint: Time to Lower the Odds - April 2, 2019 Apr 2, 2019
Media Comps 2019-04-01 Apr 1, 2019
Internet Comps 2019-04-01 Apr 1, 2019
Communications Infrastructure Comps 2019-04-01 Apr 1, 2019
Telecom Cable Satellite Comps 2019-04-01 Apr 1, 2019
Accenture 2Q19: A Peek Behind the Curtain – How to Tell if an IT Services Firm is Good in Digital & Cloud Mar 29, 2019
Paychex 3Q19: 6%+ Organic Revenue Growth!? The Secular Drivers of HR Services Mar 28, 2019
FWBB A Peek Behind the Curtain Deck Mar 26, 2019
U.S. Communications Infrastructure, Telecom, & Cable: Add Macro and Margins to the List of Worries Mar 25, 2019
Payments: The Foundation of the Bull Thesis – Why We Have 5+ More Years of Double-Digit Volume Growth Mar 25, 2019
Communications Infrastructure Comps 2019-03-25 Mar 25, 2019
Telecom Cable Satellite Comps 2019-03-25 Mar 25, 2019
Media Comps 2019-03-25 Mar 25, 2019
Internet Comps 2019-03-25 Mar 25, 2019
Payments Processors IT Services Summit 2019 Agenda v1 Mar 25, 2019
Viacom: Been Here Before Mar 25, 2019
IBM: Can IBM (+Red Hat) Catch Up In Cloud? Mar 22, 2019
Fixed Wireless Broadband: A Peek Behind the Curtain of Verizon’s 5G Rollout Mar 20, 2019
FIS + Worldpay: Bigger Now, Better Later Mar 19, 2019
Fox: Key Takeaways from the 10-Q and Day 1 Trading Mar 19, 2019
The Small Cell Report (Part III): Taking a Look Under the Hood Mar 18, 2019
Online Regulatory Outlook: The Unlikeliest Of Bedfellows Mar 18, 2019
Communications Infrastructure Comps 2019-03-18 Mar 18, 2019
Media Comps 2019-03-18 Mar 18, 2019
Internet Comps 2019-03-18 Mar 18, 2019
Telecom Cable Satellite Comps 2019-03-18 Mar 18, 2019
MN Lunch Deck Mar 15, 2019
New Fox Initiation: Clever As a Fox, Buy, Price Target $51 Mar 15, 2019
Video Cord-Cutting: Standing at the Crossroads (and I Believe I’m Sinkin’ Down) Mar 13, 2019
Standing at the Crossroads Conference Call Deck Mar 13, 2019
PayPal + MercadoLibre: A Base Hit, With Potential to be a Home Run Mar 12, 2019
Communications Infrastructure Comps 2019-03-11 Mar 11, 2019
Internet Comps 2019-03-11 Mar 11, 2019
Media Comps 2019-03-11 Mar 11, 2019
Telecom Cable Satellite Comps 2019-03-11 Mar 11, 2019
V, MA, PYPL: The Amazon Risk Mar 8, 2019
Equinix Lunch Slides Mar 8, 2019
Alphabet: Money for Nothing? A Dive Into CAPEX Trends Mar 7, 2019
Broadband Q4 2018: Broadband Growth Bounces Back… with Thanks to New Household Formation Mar 6, 2019
Payments Sector Marketing Deck Mar 5, 2019
Payments, Processors, and IT Services: 4Q18 Roundup – Top Sector Themes and Updated Stock Preferences Mar 5, 2019
U.S. Media & Internet: Now Everyone Is A Winner? Mar 4, 2019
WPP: WPP Giveth, Competition Taketh Mar 4, 2019
Zayo: Plan A, Version 2.0… A Closer Look at zColo Mar 4, 2019
Communications Infrastructure Comps 2019-03-04 Mar 4, 2019
Telecom Cable Satellite Comps 2019-03-04 Mar 4, 2019
Internet Comps 2019-03-04 Mar 4, 2019
Comps Media Mar 4, 2019
AT&T and Time Warner: Strategy (and Debt) versus Culture - March 4, 2019 Mar 4, 2019
AMC Networks: Not Walking Dead Yet Mar 1, 2019
Crypto BlockchainImmersion Takeaways Slides Mar 1, 2019
Square 4Q18: What Can Jump Start the Stock? Feb 28, 2019
V, MA, PYPL: Not Imminent, but Worth Watching – the Risk of Disruption from Cryptocurrencies and Blockchain Feb 27, 2019
Worldpay 4Q18: Playing Offense Feb 27, 2019
American Tower Q4 2018 Earnings: Can AMT Repeat? Feb 27, 2019
Cable One Q4 2018 Earnings: What are the Right Metrics for a Post-Video Cable MSO? Feb 27, 2019
U.S. Telecommunications: The Mystery Deepens Feb 26, 2019
Discovery: Talking Less, Doing More Feb 26, 2019
Payments, Processors, and IT Services: Blockchain and Cryptocurrency Immersion Company Meeting Takeaways Feb 25, 2019
Communications Infrastructure Comps 2019-02-25 Feb 25, 2019
Internet Comps 2019-02-25 Feb 25, 2019
Media Comps 2019-02-25 Feb 25, 2019
Telecom Cable Satellite Comps 2019-02-25 Feb 25, 2019
QTS Q4 2018 Earnings: Risk Reallocation Feb 25, 2019
Q4 2018 Cord-Cutting Monitor: Is It Time to Panic Yet? Feb 22, 2019
Cinemark: Looking Beyond The Volatility Feb 22, 2019
U.S. Media: Watching the Slow Death of Linear TV…Live Feb 21, 2019
Cogent Q4 2018 Earnings: Mulling Over Margins Feb 21, 2019
Altice USA Q4 2018 Earnings: Showing Up Feb 21, 2019
SBA Q4 2018 Earnings: Let the Good Times Roll Feb 21, 2019
CyrusOne Q4 2018 Earnings: Fueling Fears? Feb 20, 2019
Facebook: How’d They Do That? Feb 19, 2019
CenturyLink: Don't Fear the Reaper... Upgrading to Neutral, Lowering TP to $12 Feb 19, 2019
Communications Infrastructure Comps 2019-02-19 Feb 19, 2019
Internet Comps 2019-02-19 Feb 19, 2019
Media Comps 2019-02-19 Feb 19, 2019
Telecom Cable Satellite Comps 2019-02-19 Feb 19, 2019
CBS: Joining the Arms Race Feb 15, 2019
Interpublic: Winning The Zero Sum Game in 2018 Feb 14, 2019
GPN 4Q18: Looking Beyond 2019 - Where Does Global Payments Fit on the Merchant Acquiring Chessboard? Feb 14, 2019
Payments, Processors, and IT Services: Blockchain and Cryptocurrencies – State of the Industry Feb 13, 2019
Omnicom: The Calm Before The Storm? Feb 13, 2019
Dish Q4 2018 Earnings: Snakes or Alligators? Feb 13, 2019
CenturyLink Q4 2018 Earnings: Are Low Expectations the Key to Happiness? Feb 13, 2019
Equinix Q4 2018 Earnings: Steady as She Goes Feb 13, 2019
U.S. Media – Weekly Ratings: 2/4-2/10 Feb 12, 2019
Communications Infrastructure Comps 2019-02-11 Feb 11, 2019
Internet Comps 2019-02-11 Feb 11, 2019
Media Comps 2019-02-11 Feb 11, 2019
Telecom Cable Satellite Comps 2019-02-11 Feb 11, 2019
January C3 Ratings – Weak Start to the New Year Feb 11, 2019
Twitter: Breaking Out The Checkbook Feb 8, 2019
DXC 3Q19: Tug-O-War Feb 8, 2019
Cognizant 4Q18: Seeing Some Green Shoots, Raising Target Price to $80 Feb 7, 2019
FDC 4Q18: Dear Fiserv, Five Things To Get Right With First Data Feb 7, 2019
T-Mobile Q4 2018 Earnings: Time to Consider Plan B? Feb 7, 2019
Zayo Q2 F2019 Earnings: Under the Gun Feb 7, 2019
Snap: A CFO’s Parting Gift Feb 6, 2019
Disney: Do The Right Thing Feb 6, 2019
21 Century Fox: A Step Closer To Breaking Out Feb 6, 2019
CoreSite Q4 2018 Earnings: What Happens on the Other Side of the Hump? Feb 6, 2019
Alphabet: Playing To Script Feb 5, 2019
Viacom: Two Questions, Please Feb 5, 2019
Digital Realty Q4 2018 Earnings: What’s the Disconnect? Feb 5, 2019
Telecom Cable Satellite Comps 2019-02-04 Feb 4, 2019
Communications Infrastructure Comps 2019-02-04 Feb 4, 2019
Internet Comps 2019-02-04 Feb 4, 2019
Media Comps 2019-02-04 Feb 4, 2019
Tractor Supply: Not A Hiding Place Feb 1, 2019
Mastercard 4Q18: Why We Believe in 16% Revenue Growth Feb 1, 2019
Visa 1Q19: Visa Direct – The Next Big Thing Feb 1, 2019
Amazon: The Cost of Margin Feb 1, 2019
Facebook: Coal, More Like Gold Jan 31, 2019
ADP 2Q19: How Do All the Lines Point Up? Deciphering Market Shares in HR Services Jan 31, 2019
PYPL 4Q18: TPV Growth – Primus inter pares B Jan 31, 2019
Charter Q4 2018 Earnings: Good Things Come to Those Who Wait Jan 31, 2019
Sprint CQ4 2018 Earnings: Do Politics Matter? Jan 31, 2019
AT&T Q4 2018 Earnings: Is Achieving “Flat EBITDA” in the Entertainment Group Enough? Jan 30, 2019
U.S. Media – AT&T’s 4Q Media Read Through… So Much For Stability! Jan 30, 2019
Amazon: 4Q Preview, Does Monetization Matter? Jan 29, 2019
Online Advertising: A Lump of Coal for Christmas? Jan 29, 2019
Verizon Q4 2018 Earnings: Is It Enough to Just NOT Be AT&T? Jan 29, 2019
U.S. Media: Key Takeaways from NATPE 2019 Jan 28, 2019
Internet Comps 2019-01-28 Jan 28, 2019
Telecom Cable Satellite Comps 2019-01-28 Jan 28, 2019
Media Comps 2019-01-28 Jan 28, 2019
Communications Infrastructure Comps 2019-01-28 Jan 28, 2019
Some Thoughts on Recent Zayo Take-Out Reports - January 27, 2019 Jan 27, 2019
Existing Home Sales: Does a 10% Drop Matter? Jan 25, 2019
U.S. Media: Will The Current Stability Last? Jan 25, 2019
Crypto Blockchain Agenda & Speaker Bios 2019 Jan 24, 2019
IBM 4Q18: Pushing On a String Jan 23, 2019
Comcast Q4 2018 Earnings: The Bull Bear Debate Jan 23, 2019
Crown Castle Q4 2018 Earnings: Recession Resistant? Jan 23, 2019
Communications Infrastructure Comps 2019-01-22 Jan 22, 2019
Media Comps 2019-01-22 Jan 22, 2019
Internet Comps 2019-01-22 Jan 22, 2019
Telecom Cable Satellite Comps 2019-01-22 Jan 22, 2019
Telecom and Cable Capital Spending Outlook, 2019 Jan 18, 2019
ICR Conference: 2019 Kickoff - Tariffs, Leases & Tax Reform Jan 18, 2019
Netflix: UNCH Jan 18, 2019
CBS & VIAB: What's the Downside? Upgrade CBS to Buy Jan 17, 2019
Payments 2019: You Are My Sunshine [EXCERPT] Jan 17, 2019
IT Services and Processors 2019: For Some, Surprisingly BAU. For Others, All About Plan B [EXCERPT] Jan 17, 2019
Sherwin-Williams: Wet Paint Jan 16, 2019
IT Services and Processors 2019: For Some, Surprisingly BAU. For Others, All About Plan B Jan 16, 2019
Snap: Flanked On All Sides Jan 16, 2019
First Data + Fiserv: Why Fiserv Investors Just Got a Really Good Deal Jan 16, 2019
IT Services and Processors 2019 Outlook Slides Jan 16, 2019
Economic Cycle Indicators Conference Call Slides Jan 15, 2019
Comcast Finally Goes OTT… Sort Of - January 15, 2019 Jan 15, 2019
IT Services: New CIO Survey Results Show A Positive 2019 Outlook For Overall IT and IT Services Spending Jan 14, 2019
Disney: How Does Disney “Work” in 2019? Jan 14, 2019
Communications Infrastructure Comps 2019-01-14 Jan 14, 2019
Telecom Cable Satellite Comps 2019-01-14 Jan 14, 2019
Media Comps 2019-01-14 Jan 14, 2019
Internet Comps 2019-01-14 Jan 14, 2019
2019 Outlook Call Jan 11, 2019
Payments Outlook Slides Jan 11, 2019
Target: Traffic Mojo, Margins Questioned Jan 11, 2019
Advertising Agencies: Mind The Gap Jan 10, 2019
Die Hard: A Sears Liquidation Could Double the Comp Boost in 2019 Jan 10, 2019
Payments 2019: You Are My Sunshine Jan 10, 2019
New Fox: Ask Enough and You Shall Receive Jan 9, 2019
Broadband Outlook 2019 Slides Jan 9, 2019
Data Centers: Judging Upcoming Lease Accounting Changes and Digital Realty’s Initial 2019 Guidance - January 9, 2019 Jan 9, 2019
Sales, Tariffs, and Margins: The 2019 Battle Begins Jan 8, 2019
Broadband Outlook 2019: The Least Appreciated, but Most Important, Variable Jan 8, 2019
DXC + Luxoft: Plan B, Part 1, Check. Jan 8, 2019
U.S. Advertising: When Is It Time To Worry? Jan 7, 2019
Worldpay: From Very Good to Great. Upgrading to Buy Jan 7, 2019
Communications Infrastructure Comps 2019-01-07 Jan 7, 2019
Internet Comps 2019-01-07 Jan 7, 2019
Media Comps 2019-01-07 Jan 7, 2019
Telecom Cable Satellite Comps 2019-01-107 Jan 7, 2019
HILI Reaches New Mid-Cycle Low; Are We Off the Hook Yet? Jan 4, 2019
Dish Network: Downside Scenarios Are Finally Priced into the Stock… Upgrading from Sell to Neutral Jan 3, 2019
Communications Infrastructure Comps 2018-12-31 Dec 31, 2018
Internet Comps 2018-12-31 Dec 31, 2018
Telecom Cable Satellite Comps 2018-12-31 Dec 31, 2018
Media Comps 2018-12-31 Dec 31, 2018
Accenture 1Q19: As We Enter 2019, Will Secular Dominance Outweigh Cyclical Softness? Dec 21, 2018
CarMax: Value Gap Overhang Persists Dec 21, 2018
Paychex 2Q19: Secular PEO and HR Services Growth Offsets a Sluggish Core Dec 20, 2018
U.S. Telecom: A Year in Review, and a Year in Preview - December 20, 2018 Dec 20, 2018
U.S. Cable & Satellite: A Year in Review, and a Year in Preview - December 20, 2018 Dec 20, 2018
U.S. Communications Infrastructure: A Year in Review, and a Year in Preview - December 20, 2018 Dec 20, 2018
2018 Holiday Survey: Santa is a Seasoning Prime Member Dec 19, 2018
Best Buy: Enough Already. Sales and Margins Risks Pricing In Dec 19, 2018
Costco: Too Much Comp = Another Chance to Buy Dec 17, 2018
Communications Infrastructure Comps 2018-12-17 Dec 17, 2018
Internet Comps 2018-12-17 Dec 17, 2018
Telecom Cable Satellite Comps 2018-12-17 Dec 17, 2018
Media Comps 2018-12-17 Dec 17, 2018
Retail Comp Sheet 12/17/18 Dec 17, 2018
PayPal Deep Dive Slides Dec 17, 2018
2019 Best Ideas Slides Dec 14, 2018
November Retail Sales: Healthy on the Tough Comp Dec 14, 2018
Best Ideas For 2019 Dec 14, 2018
CarMax FY3Q Preview: Value Gap Inverting; Don’t Rush In Dec 13, 2018
Lowe's: Charging Ahead, Leveraging Up Dec 13, 2018
FB & PYPL - A Match Made in Heaven? What an Expanded FB/PYPL Partnership Might Look Like (and Why Now) Dec 13, 2018
FB & PYPL - A Match Made in Heaven? What an Expanded FB/PYPL Partnership Might Look Like (and Why Now) Dec 13, 2018
Netflix: OTT A-Go-Go Dec 11, 2018
CTSH: Model update for the changes in non-GAAP adjustment methodology beginning in FY19 Dec 11, 2018
November C3 Ratings - The NFL is Up… and Almost Everything Else is Down Dec 11, 2018
3Q Earnings Wrap: Positioning for a Multichannel Holiday, and Beyond Dec 10, 2018
Lowe's: Analyst Day Preview, Refocusing on the Core Dec 10, 2018
U.S Telecommunications: What Is Already Priced In? Dec 10, 2018
Twitter: Are They Spending Enough? Dec 10, 2018
Media Comps 2018-12-10 Dec 10, 2018
Internet Comps 2018-12-10 Dec 10, 2018
Telecom Cable Satellite Comps 2018-12-10 Dec 10, 2018
Communications Infrastructure Comps 2018-12-10 Dec 10, 2018
Internet Infrastructure Marketing Deck Dec 7, 2018
Towers Marketing Deck Dec 7, 2018
Data Center Marketing Deck Dec 7, 2018
Kroger: Turning the Cost Control Dial Dec 7, 2018
Home Depot: Execution Matters Dec 7, 2018
Bay Area Payments Tour Dec 7, 2018
Dollar General: Margin Gravity Taking Hold Dec 6, 2018
AutoZone: Commercial Kicker Gains Traction Dec 6, 2018
V, MA, PYPL: The Payments MVP’s, Part 3. 'P' = PayPal – The Bull Thesis in 20 Slides Dec 6, 2018
L.A. Trip Takeaways: Snapshots of the Revolution Dec 5, 2018
U.S. Cable: Disaggregating Cable Multiples by Product Line; Upgrading Cable One to Neutral Dec 4, 2018
V, MA, PYPL: The Payments MVP’s, Part 2. 'V' = Visa – The Bull Thesis in 20 Slides Dec 4, 2018
RH: Cleaning the Windshield, Visibility Still Limited Dec 4, 2018
Visa, Mastercard: The EC Cross-Border Interchange Settlement - We’ll Take It Dec 4, 2018
U.S. Media – Weekly Ratings: 11/26-12/2 Dec 4, 2018
Dollar Tree: In the Eye of the Tariff Hurricane Dec 3, 2018
U.S. Towers: Saying Bye to Two Old Friends… For Two Different Reasons. Downgrading AMT and CCI to Neutral Dec 3, 2018
Communications Infrastructure Comps 2018-12-03 Dec 3, 2018
Internet Comps 2018-12-03 Dec 3, 2018
Media Comps 2018-12-03 Dec 3, 2018
Telecom Cable Satellite Comps 2018-12-03 Dec 3, 2018
MA, V, PYPL: Meet the Payments MVP’s. ‘M’ = Mastercard – The Bull Thesis in 20 Slides Nov 30, 2018
HILI Drops Again, Cutting Numbers, Running to the Exits? Nov 29, 2018
Data Centers: Considering Headwinds and Tailwinds to Growth in 2019 Nov 29, 2018
Starry Revisited: Getting Real - November 29, 2018 Nov 29, 2018
Food Survey: Channel Shift Pressures Profit Nov 28, 2018
Visa, Mastercard: Revisiting the “Stroke of the Pen” Risk as Cross-Border Interchange Regulation Looms Nov 27, 2018
AT&T: Is the Bear Case Finally Priced In? Upgrading AT&T from Sell to Neutral; Target Price Unchanged at $28 Nov 26, 2018
Internet Comps 2018-11-26 Nov 26, 2018
Media Comps 2018-11-26 Nov 26, 2018
Telecom Cable Satellite Comps 2018-11-26 Nov 26, 2018
Communications Infrastructure Comps 2018-11-26 Nov 26, 2018
Target: Traffic Bullseye, Margins Miss the Mark… Nov 21, 2018
Lowe’s: The Kitchen Sink or Tear Down? Nov 21, 2018
Best Buy: 3Q18 Prepping For the Future, Proactive on the Tariffs Nov 21, 2018
Can Cognizant Really Re-accelerate Revenue Growth? Nov 20, 2018
U.S. Media & Internet: Forward Multiples Tell the Story Nov 20, 2018
Walmart: Traffic Matters, and So Does the Multiple Nov 19, 2018
CenturyLink: Checking In on the Sell Thesis… Maintain Rating, Lower TP to $16 Nov 19, 2018
Communications Infrastructure Comps 2018-11-19 Nov 19, 2018
Internet Comps 2018-11-19 Nov 19, 2018
Media Comps 2018-11-19 Nov 19, 2018
Telecom Cable Satellite Comps 2018-11-19 Nov 19, 2018
Antitrust and Public Policy for the 21st Century Summit: Key Takeaways – November 19, 2018 Nov 19, 2018
Payments, Processors, and IT Services: 3Q18 Roundup – Top Sector Themes and Updated Stock Preferences Nov 16, 2018
Amazon International Survey Slides Nov 16, 2018
Viacom: Bob the Builder Nov 16, 2018
DXC: Sooner Rather than Later, We Should Talk About Plan B Nov 15, 2018
October Retail Sales: Trying to Hold Near 4.5% to 5% Nov 15, 2018
Zayo: The Widowmaker… Still a Buy, Lower TP to $30 Nov 14, 2018
Advance Auto Parts: Is the Turnaround in the Stock? Nov 14, 2018
Home Depot: Fear Creates Opportunity Nov 14, 2018
October C3 Ratings - The Three Ds: Down Double Digits - November 13, 2018 Nov 13, 2018
HILI Drops to 2.4%. Tariffs and Demand Are Two Key Risks for 2019 Nov 12, 2018
3Q18 Earnings Preview: Sales, Tariffs, and Margins... The 2019 Battle Begins Nov 12, 2018
Communications Infrastructure Comps 2018-11-12 Nov 12, 2018
Internet Comps 2018-11-12 Nov 12, 2018
Telecom Cable Satellite Comps 2018-11-12 Nov 12, 2018
Media Comps 2018-11-12 Nov 12, 2018
WP 3Q18: In the Goldilocks Zone Nov 9, 2018
Disney: Disney On Ice Nov 9, 2018
U.S. Commercial Wireline: Walking Contradiction - November 9, 2018 Nov 9, 2018
Amazon International Survey: Will International Ever Make Money? Nov 8, 2018
Square 3Q18: Time to Dust Off the Bull vs. Bear Nov 8, 2018
Costco: It’s Still a Great Time to Be Costco Nov 8, 2018
Discovery: Something for Everyone Nov 8, 2018
CenturyLink Q3 2018 Earnings: Mind the Gap Nov 8, 2018
DXC 2Q19: The Anchor Drops Nov 7, 2018
Sherwin-Williams: Respect the Pricing Power Nov 7, 2018
Dish Q3 2018 Earnings: A Series of Unfortunate Events Nov 7, 2018
Q3 2018 Cord-Cutting Monitor: False Narratives Nov 7, 2018
21st Century Fox: Looking Good For New Fox Nov 7, 2018
Cable One Q3 2018 Earnings: Cable One through a Different Lens... as an Acquirer, Not an Acquiree Nov 7, 2018
Zayo Q1 F2019 Earnings: It’s Always Darkest Before… Nov 7, 2018
Payments: A Peek into the Future of Payments – Insights from Money20/20 2018 Nov 6, 2018
Lowe's: Keeping up the Pace, Rationalizing Capacity Nov 6, 2018
Disney: Doing The Math Nov 5, 2018
Communications Infrastructure Comps 2018-11-05 Nov 5, 2018
Telecom Cable Satellite Comps 2018-11-05 Nov 5, 2018
Media Comps 2018-11-05 Nov 5, 2018
Internet Comps 2018-11-05 Nov 5, 2018
Altice USA Q3 2018 Earnings: The Alchemy of Leverage Nov 5, 2018
SBA Q3 2018 Earnings: Fast Follower Nov 5, 2018
Wayfair: Earning the Right to Spend? Nov 2, 2018
Grocery Shop Conference: Five Mega Trends to Chew On Nov 2, 2018
CBS: Conveying Bench Strength Nov 2, 2018
Cinemark: Will Netflix’s Roma Be An Inflection Point? Nov 2, 2018
What Does Dish Network’s Dispute with HBO Say About Vertical Integration… And What Does It Say About Dish? – November 2, 2018 Nov 2, 2018
ADP 1Q19: Many Arrows in the Quiver Nov 1, 2018
Cogent Q3 2018 Earnings: Capital Returns in the Context of Growth Nov 1, 2018
Antitrust and Public Policy Summit Agenda Nov 1, 2018
AMC Networks: The Balancing Act Continues… Nov 1, 2018
Equinix Q3 2018 Earnings: The Ties That Bind (or Don’t) Nov 1, 2018
Kroger: Driving the Grocery Autobahn with Two Hands on the Wheel Oct 31, 2018
Cognizant 3Q18: On the Bubble Oct 31, 2018
Facebook: See You Next Summer? Oct 31, 2018
Mastercard 3Q18: Crushing it Abroad Oct 31, 2018
GPN 3Q18: Do-Re-Mi – Let’s Start at the Very Beginning…What is Revenue Growth and Is It Good? Oct 31, 2018
Sprint CQ3 2018 Earnings: What Are the Odds? Oct 31, 2018
FDC 3Q18: Don’t Throw the Baby Out with the Bathwater Oct 30, 2018
American Tower Q3 2018 Earnings: Let the Good Times Roll Oct 30, 2018
AutoZone: Meeting Takeaways Oct 30, 2018
T-Mobile Q3 2018 Earnings: Heads I Win, Tails I… Win? Oct 30, 2018
CyrusOne Q3 2018 Earnings: Birth of a Platform Oct 30, 2018
IBM+Red Hat: A Great Example of Why Turning Around IBM is So Damn Hard Oct 29, 2018
Communications Infrastructure Comps 2018-10-29 Oct 29, 2018
Internet Comps 2018-10-29 Oct 29, 2018
Media Comps 2018-10-29 Oct 29, 2018
Telecom Cable Satellite Comps 2018-10-29 Oct 29, 2018
QTS Q3 2018 Earnings: Coming into Focus Oct 29, 2018
Some Thoughts on the Great Data Center Meltdown of 2018 - October 29, 2018 Oct 29, 2018
O’Reilly: Doing it Their Way Oct 26, 2018
Tractor Supply: Approaching the Margin Trough? Oct 26, 2018
Online Advertising: The Really Good, The Good & The Not So Bad Oct 26, 2018
Amazon: Play it Again… Margins Take the Sales Baton Oct 26, 2018
Charter Q3 2018 Earnings: Ah, Simplicity Oct 26, 2018
Kroger: Analyst Day Preview Swimming Up An Alternative Revenue Stream Oct 25, 2018
Visa: Important, But Not Well Understood: What Drives Visa's Cross-Border Revenues? Oct 25, 2018
CoreSite Q3 2018 Earnings: Taking an Inventory of Inventory Oct 25, 2018
Comcast Q3 2018 Earnings: It’s Good to Be a Cable Company (…If Only Comcast Were Just a Cable Company) Oct 25, 2018
WPP: “Sprinting” to the Bottom? Oct 25, 2018
Digital Realty Q3 2018 Earnings: The Ghost of DFT Oct 25, 2018
Sears: Dropping Coverage Oct 24, 2018
Online Advertising: In Need of Relief Oct 24, 2018
AT&T Q3 2018: This Is What Prioritizing the Bond Market Looks Like Oct 24, 2018
DXC: Wait it out. Like IBM, DXC Has an “Anchor Problem” Oct 24, 2018
U.S. Media – AT&T’s Media Read Through - October 24, 2018 Oct 24, 2018
Auto Part Price Study: How Much Could Margins Fall? Oct 23, 2018
Verizon Q3 2018 Earnings: Peak Wireless? Oct 23, 2018
Will Washington View the Cable Operators as Serious Competitors in Wireless? - October 23, 2018 Oct 23, 2018
U.S. Media - Weekly Ratings: 10/15-10/21 Oct 23, 2018
Interpublic: Standing Out From the Crowd Oct 22, 2018
Communications Infrastructure Comps 2018-10-22 Oct 22, 2018
Telecom Cable Satellite Comps 2018-10-22 Oct 22, 2018
Internet Comps 2018-10-22 Oct 22, 2018
Media Comps 2018-10-22 Oct 22, 2018
Retail Comp Sheet 10/22/18 Oct 22, 2018
Payments Sector Marketing Deck Oct 22, 2018
IT Services and Processors Initiation Deck Oct 22, 2018
Genuine Parts Co: Sustainability is Key Oct 19, 2018
Sears: The Final Chapter? Oct 19, 2018
Freshly Divorced from eBay, Now a Most Eligible Single…Who Might PayPal be Dating? Oct 19, 2018
U.S. Media: A Quarter Like No Other… Part II Oct 18, 2018
Netflix: The S-Curve vs. The Financials Oct 17, 2018
Walmart: Sales Over Margins Oct 17, 2018
Omnicom: A Glimmer of Hope? Oct 17, 2018
IBM 3Q18: An “Anchor” Problem Oct 17, 2018
Crown Castle Q3 2018 Earnings: The Big Reveal (and How to Figure Out What It Actually Means) Oct 17, 2018
Data Centers: Optionality vs. the Elasticity of Supply Oct 16, 2018
Advertising Agencies: Jostling for Position Oct 15, 2018
Zayo: From the Ashes... Upgrading to Buy, TP $38 Oct 15, 2018
Communications Infrastructure Comps 2018-10-15 Oct 15, 2018
Internet Comps 2018-10-15 Oct 15, 2018
Media Comps 2018-10-15 Oct 15, 2018
Telecom Cable Satellite Comps 2018-10-15 Oct 15, 2018
MoffettNathanson Antitrust & Public Policy Agenda Oct 15, 2018
September Retail Sales: Reflate and… Wait for the Holidays Oct 15, 2018
Walmart: Analyst Day Preview – Focused on a Long Game in a Multichannel Retail World Oct 12, 2018
Payments: If You Only Watch 8 Things in 3Q18 Earnings... Oct 12, 2018
AT&T: Crossed Lines… Our Pro Forma “New AT&T” Model Oct 11, 2018
RSLI: Uptick to 5%, Raising 4Q Estimates Oct 9, 2018
Snap: Did Someone Get The Memo? Oct 9, 2018
Costco: Loyalty + Traffic = Upside in a Reflationary World Oct 9, 2018
U.S. Media - Weekly Ratings: 10/1-10/7 Oct 9, 2018
Amazon Joins the Wage Party: What Does it Mean? Oct 8, 2018
Communications Infrastructure Comps 2018-10-08 Oct 8, 2018
Internet Comps 2018-10-08 Oct 8, 2018
Telecom Cable Satellite Comps 2018-10-08 Oct 8, 2018
Media Comps 2018-10-08 Oct 8, 2018
IT Services and Processors Initiation Slides Oct 5, 2018
“It was the best of times, it was the worst of times…” Initiating coverage of IT Services and Processors Oct 4, 2018
“It was the best of times, it was the worst of times…” Initiating coverage of IT Services and Processors [EXCERPT] Oct 4, 2018
NFL Week 4 Ratings – So Far, So Good… Oct 4, 2018
HILI Drops to 3%. Is Affordability the Problem? Oct 1, 2018
Lowe's: Retail's Turnaround Story, Three Months In Oct 1, 2018
Communications Infrastructure Comps 2018-10-01 Oct 1, 2018
Media Comps 2018-10-01 Oct 1, 2018
Internet Comps 2018-10-01 Oct 1, 2018
Telecom Cable Satellite Comps 2018-10-01 Oct 1, 2018
Bed Bath & Beyond: The Melting Ice Cube is Getting Smaller Sep 28, 2018
CarMax: Have it Your (Multichannel) Way Sep 27, 2018
U.S. Advertising: TV Not Dead Yet? Sep 27, 2018
Zayo: As Good As It Gets? Sep 25, 2018
Fox: Out With the Old, In With the New (Fox) Sep 25, 2018
AutoZone: Dialing up the Multichannel Battle Sep 24, 2018
U.S. Cable & U.S. Media: The Winner's Curse: Good for Disney, Bad for Comcast. Downgrading CMCSA to Neutral Sep 24, 2018
U.S. Cable: Cable's New Bull Case? Conference Call Slides Sep 24, 2018
Communications Infrastructure Comps 2018-09-24 Sep 24, 2018
Internet Comps 2018-09-24 Sep 24, 2018
Media Comps 2018-09-24 Sep 24, 2018
Telecom Cable Satellite Comps 2018-09-24 Sep 24, 2018
Sears: What Does a $12bn Share Donation Mean? Sep 21, 2018
AutoNation: Larson’s Choice Sep 20, 2018
PYPL: The Button Wars – PayPal Has 30%+ Share of U.S. Checkout and Counting...How High Can It Go? Sep 20, 2018
Home Depot: Roundtable Visit Takeaways Sep 18, 2018
Payments Marketing Deck Sep 18, 2018
Twitter: Smoke and Mirrors on the Cost Line Sep 17, 2018
U.S. Cable: Cable’s New Bull Case? Margin Expansion and Falling Capital Intensity Sep 17, 2018
Communications Infrastructure Comps 2018-09-17 Sep 17, 2018
Internet Comps 2018-09-17 Sep 17, 2018
Media Comps 2018-09-17 Sep 17, 2018
Telecom Cable Satellite Comps 2018-09-17 Sep 17, 2018
Discovery: From Have-Nots to Haves All in a Single Day Sep 14, 2018
Kroger: The Food Fight Rages On Sep 14, 2018
August Retail Sales: 5% is Enough. For Now. Sep 14, 2018
Verizon’s 5G Launch (Experiment?): Still More Questions than Answers - September 14, 2018 Sep 14, 2018
CBS: From Uninvestable to Tradeable, Lifting PT to $65 Sep 13, 2018
NFL Week 1 Ratings - A Good Start (with an asterisk) - September 13, 2018 Sep 13, 2018
2Q Earnings Wrap: Is the Amazon Threat Over? Sep 12, 2018
August C3 Ratings - Stuck in the August Rain - September 12, 2018 Sep 12, 2018
MA, V, PYPL: Twelve takeaways from a half-day of management meetings at Mastercard Sep 11, 2018
Communications Infrastructure Comps 2018-09-10 Sep 10, 2018
Internet Comps 2018-09-10 Sep 10, 2018
Telecom Cable Satellite Comps 2018-09-10 Sep 10, 2018
Media Comps 2018-09-10 Sep 10, 2018
RSLI: Jobs and the Wealth Effect Driving the Model Higher Sep 7, 2018
V, MA, PYPL: The Alipay Threat – Insights from Three Days Immersed with Ant Financial in Hangzhou, China Sep 6, 2018
U.S. Media: Just Do It! Watch The NFL? Sep 6, 2018
CBS - Is CBS Getting Less Uninvestable? - September 6, 2018 Sep 6, 2018
U.S. Commercial Wireline: The Slump Continues - September 6, 2018 Sep 6, 2018
Best Buy: Prepping For the Future, Proactive on the Tariffs Sep 5, 2018
U.S. Towers: Assessing Growth Histories and Outlooks Sep 5, 2018
WPP: Read-ing the Tea Leaves Sep 5, 2018
Facebook: Replacing an Engine Mid-Flight; Downgrade to Neutral Sep 4, 2018
U.S. Wireless: Is This a Market in Need of "Repair?" Downgrading Verizon to Neutral Sep 4, 2018
Communications Infrastructure Comps 2018-09-04 Sep 4, 2018
Internet Comps 2018-09-04 Sep 4, 2018
Media Comps 2018-09-04 Sep 4, 2018
Telecom Cable Satellite Comps 2018-09-04 Sep 4, 2018
Amazon: AWS Upside and the $1 Trillion Market Cap Aug 30, 2018
HILI Recovers in July - Trend Stabilizing Between 3-4% Aug 29, 2018
Lowe’s: Hitting the Ground Running. $6+ EPS in 2019 Believable Aug 29, 2018
FDC, WP, GPN: Who is the Fairest of them All? Forecasting Organic Revenue Growth for the Merchant Acquirers Aug 29, 2018
Communications Infrastructure Comps 2018-08-27 Aug 27, 2018
Internet Comps 2018-08-27 Aug 27, 2018
Media Comps 2018-08-27 Aug 27, 2018
Telecom Cable Satellite Comps 2018-08-27 Aug 27, 2018
Target: What About the Next 13 Years? Aug 24, 2018
U.S. Media & Internet: A Shifting Sense of Stability? Aug 22, 2018
CenturyLink: Rocky Mountain High... Downgrading to Sell, TP $19 Aug 22, 2018
Zayo Q4 F2018 Earnings: Considering Quality in Addition to Quantity Aug 22, 2018
Turns Out That Slower Cord-Cutting Wasn’t the Only Surprise in Q2… Broadband Growth Accelerated, Too - August 21, 2018 Aug 21, 2018
Home Depot: Can it Get Any Better Than This? Aug 20, 2018
Communications Infrastructure Comps 2018-08-20 Aug 20, 2018
Media Comps 2018-08-20 Aug 20, 2018
Internet Comps 2018-08-20 Aug 20, 2018
Telecom Cable Satellite Comps 2018-08-20 Aug 20, 2018
Walmart Go Big or Go Home Aug 17, 2018
July Retail Sales: Party Like It’s 7/11 Aug 16, 2018
Best Buy: GreatCall, a Lifeline for Services? - August 16, 2018 Aug 16, 2018
Payments Chart of the Quarter: Hang on to those stocks – Payments growth is accelerating Aug 15, 2018
Trumponomics Tariff Slides Aug 15, 2018
July C3 Ratings - Dog Days of Summer - August 14, 2018 Aug 14, 2018
Dish Network: The OTHER Branches of the Tree... Downgrading Back to Sell; Reducing Target Price to $29 Aug 13, 2018
Communications Infrastructure Comps 2018-08-13 Aug 13, 2018
Internet Comps 2018-08-13 Aug 13, 2018
Media Comps 2018-08-13 Aug 13, 2018
Telecom Cable Satellite Comps 2018-08-13 Aug 13, 2018
Sales Sizzle, but Tariffs Add Spice Aug 10, 2018
Worldpay 2Q18: How hard is $100M in revenue synergies with no Amazon or PayPal? Aug 10, 2018
RSLI: Midsummer Dreaming; With an Eye on the Risks Aug 9, 2018
Fox: More Than Meets the Eye Aug 9, 2018
Cable One Q2 2018 Earnings: Why the Premium? Aug 9, 2018
Viacom: Cat On A Hot Tin Roof Aug 9, 2018
Consumer Marketing Deck Aug 8, 2018
Disney: Three Years Later Aug 8, 2018
Discovery: Promises, Promises… Aug 8, 2018
Snap: More Questions Than Answers Aug 8, 2018
Cinemark: Why Not Get More Positive? Aug 8, 2018
O’Reilly: A Little Rocket Science, and a Whole Lot of Culture Aug 8, 2018
CenturyLink Q2 2018 Earnings: Bottom Line or Top Line? Aug 8, 2018
Equinix Q2 2018 Earnings: Positioning for the Future (and Doing Fine Until Then) Aug 8, 2018
Netflix: Double Trouble for International RPU? Aug 6, 2018
Q2 2018 Cord-Cutting Monitor: Wait, Did That Just Happen? Aug 6, 2018
Communications Infrastructure Comps 2018-08-06 Aug 6, 2018
Internet Comps 2018-08-06 Aug 6, 2018
Media Comps 2018-08-06 Aug 6, 2018
Telecom Cable Satellite Comps 2018-08-06 Aug 6, 2018
Wayfair: Giving the Benefit of the Doubt Aug 3, 2018
GPN 2Q18: Global Payments’ Software Strategy is Certainly Different, Jury’s Out on Whether It’s Better Aug 3, 2018
Dish Network Q2 2018 Earnings: What Would a Decision Tree Look Like? Aug 3, 2018
Square 2Q18 Earnings: The Square Dream is... Instant Deposit and Caviar? Aug 2, 2018
Cogent Q2 2018 Earnings: How Much Do I Love Thee? Let Me Count the Cylinders... Aug 2, 2018
AMCX: Bringing a Knife to a Gun Fight Aug 2, 2018
Altice USA Q2 2018 Earnings: Is Cable Cool Again? Aug 2, 2018
CBS: CBS Is… Uninvestable Aug 2, 2018
Alphabet: Google Next Takeaways – Postcards From The Cloud Aug 1, 2018
Trumponomics Part II: The Risk of Protectionism for Retailers Aug 1, 2018
Sprint CQ2 2018 Earnings: Getting Real Aug 1, 2018
T-Mobile Q2 2018 Earnings: Would TMUS Really Be Better Off If the Deal Doesn’t Happen? Aug 1, 2018
CyrusOne Q2 2018 Earnings: Success Begets… Aug 1, 2018
First Data 2Q18: One Small Step for NA GBS, One Giant Leap for the Turnaround Story Jul 31, 2018
Charter Q2 2018 Earnings: What Would It Take for CHTR to Be a $400 Stock Again Jul 31, 2018
American Tower Q2 2018 Earnings: Rabbit Out of a Hat Jul 31, 2018
Lumber Liquidators: 2Q Comps a Cut Above, Margins Against the Grain Jul 31, 2018
Twitter: How Are You Feeling About '19? Jul 30, 2018
Communications Infrastructure Comps 2018-07-30 Jul 30, 2018
Internet Comps 2018-07-30 Jul 30, 2018
Telecom Cable Satellite Comps 2018-07-30 Jul 30, 2018
Media Comps 2018-07-30 Jul 30, 2018
SBA Q2 2018 Earnings: US vs. Brazil in the Tower World Cup Finals Jul 30, 2018
O’Reilly: 4.6% Comp, but Margins Still Pressured Jul 27, 2018
Visa 3Q18 and Mastercard 2Q18: Is Mastercard Really Suddenly Better? Jul 27, 2018
Amazon: 2Q Shows Us the Money... Jul 27, 2018
Facebook: The New Reality or Self-Immolation for Self Protection Jul 26, 2018
Sherwin-Williams: Owning Pricing Power in a Reflationary World Jul 26, 2018
HILI Snaps Down-Streak in June, Still Not Out of the Woods... Jul 26, 2018
PayPal 2Q18: Stand Tall, Checkout Button! Jul 26, 2018
Comcast Q2 2018 Earnings: Ah, What Might Have Been… Jul 26, 2018
CoreSite Q2 2018 Earnings: Balancing the Near Term and the Long Term Jul 26, 2018
Digital Realty Q2 2018 Earnings: REIT vs. TMT Jul 26, 2018
Interpublic: Who Do You Have To Schtup Around Here? Jul 25, 2018
WP, SQ, GPN, FDC: Regulatory tremors in the UK Jul 25, 2018
QTS Q2 2018 Earnings: On the Road to Recovery? Jul 25, 2018
Alphabet 2Q18 Earnings: Nothing To See Here...But Growth & Value Jul 24, 2018
Verizon Q2 2018 Earnings: Life without Video Jul 24, 2018
AT&T Q2 2018 Earnings: That’s Showbiz, Folks Jul 24, 2018
Amazon: What to Watch for in Q2 Results Jul 23, 2018
Online Advertising: So Much for the GDPR-mageddon Jul 23, 2018
Agree or disagree? Payments coverage initiation FAQs, pushback, and sentiment Jul 23, 2018
Communications Infrastructure Comps 2018-07-23 Jul 23, 2018
Internet Comps 2018-07-23 Jul 23, 2018
Telecom Cable Satellite Comps 2018-07-23 Jul 23, 2018
Media Comps 2018-07-23 Jul 23, 2018
Payments & IT Services Name: Agree or disagree? Payments coverage initiation FAQs, pushback, and sentiment Jul 23, 2018
Genuine Parts Co: Comps Back to 3%, Yet What about the Margins? Jul 20, 2018
U.S. Media: A Quarter Like No Other Jul 19, 2018
Comcast: OutFoxed - July 19, 2018 Jul 19, 2018
Alphabet: Is Google's Cloud Future Less Cloudy - Redux? Jul 18, 2018
Omnicom: Out With The Old Jul 18, 2018
Crown Castle Q2 2018 Earnings: The Dog Days of Summer Jul 18, 2018
Netflix: Stranger Things Jul 17, 2018
Advertising Agencies: Reacting Under Pressure Jul 16, 2018
Prime Day 2018: What You Need to Know Jul 16, 2018
U.S. Communications Infrastructure, Telecom, & Cable: The Case of the Missing Revenue, Revisited Jul 16, 2018
Amazon: Prime Day 2018: What You Need to Know Jul 16, 2018
Communications Infrastructure Comps 2018-07-16 Jul 16, 2018
Media Comps 2018-07-16 Jul 16, 2018
Internet Comps 2018-07-16 Jul 16, 2018
Telecom Cable Satellite Comps 2018-07-16 Jul 16, 2018
June Retail Sales: 5% Growth… Spells R-E-L-I-E-F for Retail Jul 16, 2018
Interpublic: Buyer's Remorse? Jul 12, 2018
Payments Initiation Conference Call Jul 12, 2018
AT&T & Time Warner: TWX Appeal - July 12, 2018 Jul 12, 2018
DIS/FOXA/Sky – Three Paths Forward - July 12, 2018 Jul 12, 2018
“Shall I compare thee to a summer’s day?” Initiating coverage of the Payments sector Jul 11, 2018
“Shall I compare thee to a summer’s day?” Initiating coverage of the Payments sector [EXCERPT] Jul 11, 2018
Dish Network: The Plot Thickens - July 11, 2018 Jul 11, 2018
RSLI: Retail Sales Sizzling; Decelerating Trend a Risk Jul 10, 2018
U.S. Pay TV: The Other Side of Cord-Cutting… A Rare Glimpse into the Black Box of Video Package Mix Jul 10, 2018
Not Your Father's AFFO... Assessing AFFO Holistically Across the Communications Infrastructure Space Jul 9, 2018
Best Buy: Looking to Succeed, Not Just Survive Jul 8, 2018
HILI Drops Again, Growing Risk to 2H Sales Jul 2, 2018
Communications Infrastructure Comps 2018-07-02 Jul 2, 2018
Internet Comps 2018-07-02 Jul 2, 2018
Telecom Cable Satellite Comps 2018-07-02 Jul 2, 2018
Media Comps 2018-07-02 Jul 2, 2018
Fool’s Gold? Not All Mid-Band Spectrum is Created Equal - July 2, 2018 Jul 2, 2018
Auto Dealer Forum Nuggets, CarMax, AutoNation and More Jun 29, 2018
Bed Bath & Bygone Jun 28, 2018
2nd Annual NYC Advertising Tour 2018 Jun 27, 2018
DIS/FOXA - FOX In the Hand - June 27, 2018 Jun 27, 2018
What Should Amazon Do With Prime Video? Jun 26, 2018
U.S. Media - Weekly Ratings: 6/18-6/24 Jun 26, 2018
Growth Slows, Capacity Grows… Ouch! Jun 25, 2018
O’Reilly: Tapping the Brakes; Downgrade to Neutral Jun 25, 2018
CarMax: Delivering Profits; Now Time to Comp Jun 25, 2018
Communications Infrastructure Comps 2018-06-25 Jun 25, 2018
Internet Comps 2018-06-25 Jun 25, 2018
Media Comps 2018-06-25 Jun 25, 2018
Telecom Cable Satellite Comps 2018-06-25 Jun 25, 2018
Retail Comp Sheet 06-25-2018 Jun 25, 2018
Kroger: Reinventing Themselves for a Multichannel Future Jun 22, 2018
BJs is Coming Back Slides Jun 21, 2018
WSJ Article on Amazon & Washington - June 21, 2018 Jun 21, 2018
Dinosaurs in the Digital Age Slides Jun 20, 2018
Comcast, Fox, and Disney: Net Neutrality in the Age of Aquarius, … or, Why the DOJ Tried the Wrong Case - June 21, 2018 Jun 20, 2018
DIS/FOXA – That Was Obvious! - June 20, 2018 Jun 20, 2018
Dinosaurs in the Digital Age? Initiating Coverage of the Advertising Agencies (WPP, OMC, IPG) Jun 19, 2018
BJs is Coming Back Jun 19, 2018
Communications Infrastructure Comps 2018-06-18 Jun 18, 2018
Internet Comps 2018-06-18 Jun 18, 2018
Media Comps 2018-06-18 Jun 18, 2018
Telecom Cable Satellite Comps 2018-06-18 Jun 18, 2018
Blaming it on Weather, Reinvesting Tax Cuts Jun 15, 2018
Time Warner: Dropping Coverage Jun 15, 2018
May Retail Sales: April Showers Brought May Flowers Jun 14, 2018
Comcast for Fox: It’s Always Sunny in Philadelphia - June 14, 2018 Jun 14, 2018
U.S. Media: Implications of T-TWX Approval; Downgrade TWX to Neutral Jun 13, 2018
AT&T: Curb Your Enthusiasm; Downgrading to Sell, PT $28 Jun 13, 2018
RSLI: Downtick to 4.8% on Energy Costs, Less Good Employment & Confidence Jun 12, 2018
Equinix: Follow the Feedback...Addressing the Most Common Post-Initiation Client Questions Jun 11, 2018
Communications Infrastructure Comps 2018-06-11 Jun 11, 2018
Internet Comps 2018-06-11 Jun 11, 2018
Media Comps 2018-06-11 Jun 11, 2018
Telecom Cable Satellite Comps 2018-06-11 Jun 11, 2018
May C3 Ratings – Thank You, LeBron for 22 Playoff Games! - June 11, 2018 Jun 11, 2018
U.S. Advertising: What Happens if TV Reach Dies? Jun 7, 2018
T-Mobile/Sprint and U.S. Wireless: The HHI Problem Jun 7, 2018
Altice USA: After the Spin; Buy (with a TP of $25) Jun 5, 2018
FOXA/DIS/CMCSA – Let The Sky Bidding War Begin! - June 5, 2018 Jun 5, 2018
Walmart Shareholders Day Lesson: The East India Company Was A Long Game Too Jun 4, 2018
Costco: Growing Through the Amazon Effect Jun 4, 2018
Internet Infrastructure Comps 2018-06-04 Jun 4, 2018
Internet Comps 2018-06-04 Jun 4, 2018
Media Comps 2018-06-04 Jun 4, 2018
Telecom Cable Satellite Comps 2018-06-04 Jun 4, 2018
Target: Driving Traffic, Will EBIT Follow? Jun 4, 2018
Lowe’s: What Can Marvin Ellison Do To Help Lowe’s? May 31, 2018
U.S. Media: What is the Future of Traditional TV Studios? May 31, 2018
Dollar Stores 1Q Miss: More Weather/Food Fight than Amazon. For Now... May 31, 2018
April Home Improvement Lead Indicator: Will April Showers Bring May Comps? May 30, 2018
Retail Comp Sheet 05-29-2018 May 29, 2018
Communications Infrastructure Comps 2018-05-29 May 29, 2018
Internet Comps 2018-05-29 May 29, 2018
Media Comps 2018-05-29 May 29, 2018
Telecom Cable Satellite Comps 2018-05-29 May 29, 2018
Target: The Human Touch Matters in a Digital World May 25, 2018
Fox: Love Triangle May 23, 2018
2018 Connectivity Expo – key takeaways and notes (towers and Dish Network) May 23, 2018
Walmart: Flipping Through the Portfolio May 22, 2018
Lowe’s Flash Note: Lucky Penney? Marvin Ellison Named New President & CEO May 22, 2018
Snap: Point Made. Upgrading from Sell to Neutral May 21, 2018
State of the Industry Slides 2018 May 21, 2018
Retail Comp Sheet 05-21-2018 May 21, 2018
Communications Infrastructure Comps 2018-05-21 May 21, 2018
Internet Comps 2018-05-21 May 21, 2018
Telecom Cable Satellite Comps 2018-05-21 May 21, 2018
Media Comps 2018-05-21 May 21, 2018
Home Depot: Multichannel Nears 8%, Macro Remains Supportive May 17, 2018
Retail Sales: Is 4% Good Enough for 18% EPS Growth? May 16, 2018
April C3 Ratings – Is Spring in the Air? - May 16, 2018 May 16, 2018
1Q Earnings Preview: Now the Empires Strike Back May 14, 2018
Retail Comp Sheet 05-14-2018 May 14, 2018
Fox: The Other Side of Deal Hell May 10, 2018
Is Maturing Prime Membership a Problem? May 10, 2018
Dollar General, Dollar Tree, Kroger: It’s Not You…It’s Alexa May 10, 2018
Q1 2018 Cord-Cutting Monitor: Are We All Focusing On the Wrong Number? May 10, 2018
AMC Networks: Too Much Fear of The Walking Dead? May 10, 2018
Disney: Everything’s Working But The Stock Price May 9, 2018
Discovery: Seeing is Believing? May 9, 2018
Cable One Q1 2018 Earnings: The Best-Behaved Kid in Detention May 9, 2018
Cinemark: Will Box Office Growth Live Up To The Hype? May 9, 2018
Altice USA Q1 2018 Earnings: Spinning May 9, 2018
CenturyLink Q1 2018 Earnings: Where is the Bar Set? May 9, 2018
Dish Q1 2018 Earnings: Something’s Gotta Give May 8, 2018
Walmart & Amazon: Flipping Out? - May 8, 2018 May 8, 2018
Altice USA: Can Altice USA Cure the Cable Flu? May 7, 2018
RSLI Suggests Modest Reacceleration in 2H May 7, 2018
Retail Comp Sheet 05-07-2018 May 7, 2018
Communications Infrastructure Comps 2018-05-07 May 7, 2018
Internet Comps 2018-05-07 May 7, 2018
Media Comps 2018-05-07 May 7, 2018
Telecom Cable Satellite Comps 2018-05-07 May 7, 2018
5th Annual MoffettNathanson Media & Communications Summit - Final Agenda May 7, 2018
CBS: The Waiting Is The Hardest Part May 4, 2018
Wayfair: Way Day, Way Day! Time to Get Onboard? May 3, 2018
Cogent Q1 2018 Earnings: History Rhymes – Will It Repeat? May 3, 2018
Zayo Q3 F2018 Earnings: The Immovable Object May 3, 2018
Snap 1Q18 Earnings: A Very Public Work in Progress…At 14X Revenues May 2, 2018
Sprint CQ1 2018 Earnings: Why the Merger Is Urgent May 2, 2018
Equinix Q1 2018 Earnings: A Growth Holding Pattern May 2, 2018
CyrusOne Q1 2018 Earnings: The Pressure to Lease May 2, 2018
Alphabet: Trying to Make Sense of a Very Expensive Quarter May 1, 2018
American Tower Q1 2018 Earnings: Consolidation and FirstNet and India, Oh My! May 1, 2018
Marc Wulfraat Bio May 1, 2018
T-Mobile Q1 2018 Earnings: What Happens if the Deal is Rejected? May 1, 2018
T-Mobile, Sprint, and the Towers: It's Hammer Time Apr 30, 2018
Communications Infrastructure Comps 2018-04-30 Apr 30, 2018
Internet Comps 2018-04-30 Apr 30, 2018
Media Comps 2018-04-30 Apr 30, 2018
Telecom Cable Satellite Comps 2018-04-30 Apr 30, 2018
Walmart: Battle of the Ages Goes British. God Save the Stores! Apr 30, 2018
Retail Comp Sheet 04-30-2018 Apr 30, 2018
SBA Q1 2018 Earnings: How the Other Half Lives (and Invests) Apr 30, 2018
U.S. Cable and Satellite: Sifting Through the Wreckage - April 30, 2018 Apr 30, 2018
Amazon: 1Q18: Driving Towards $1 Trillion Apr 27, 2018
Tractor Supply: Time to Get Behind the Tractor? Apr 27, 2018