Biography
Brian Langenberg, CFA, is the founder at award-winning industry sector research firm Langenberg & Company that provides research services and subscription products to institutional investors and corporate executives. Reports and subscriptions are available at Langenberg-llc.com
This chart scares people.
Many of our clients and investment contacts are frustrated by lack of obvious alpha in the market and the industrial sector. The US stock market is above pre–Great Recession… READ MORE ›
As I schlep through my 75th or so earnings season certain things have changed – and for the better – the ease with which we can obtain data and basic information online, dramatically improved corporate disclosure and the ability… READ MORE ›
It happens all the time. A theme gets started or, in this case, revived, and analysts start yapping to each other in a closed circle of self-reinforcing talk about “improving this” or “how should we be thinking.”
One thesis that we… READ MORE ›
Since mid-June, we’ve attended the Paris Air Show and met with companies involved in oil production, hydraulic fracturing, and wind turbine towers and components. As an investment analyst, I am always seeking to help my clients anticipate change in… READ MORE ›
The easy money has been made. I am not referring to picking the market bottom reached on May 9, 2009. That would have been speculation, not investment…. READ MORE ›
The shares of Cummins (CMI) have traded 17% higher (12% net) over the past three months, and our institutional clients are starting to ask what we think of the name. Stocks move for different reasons, but the fundamental driver… READ MORE ›