Interview with the Director of Equity Research
While the team possesses a myriad of individual professional experiences, we are all aligned in our focus on meeting each of our portfolio’s specific objectives.
Low Margin for Error
As profit margins regress toward the mean, we believe investors should be focused on companies with strong balance sheets and excess free cash flow.
When a Stock Becomes a Ninja
With a ninja strategy, we hope to win by investing in companies that are better equipped to avoid problems in the event of an economic downturn.
Buyback Is Not a Dirty Word
We invest in companies that pay a dividend, and we prefer this over share repurchase.
Difficult Environments Call for (Balance Sheet) Strength
One of the areas where our equity research team is most focused is on the strength of corporate balance sheets.
The Important versus the Easy
The level of consistency in free cash flow generation is an important criteria in our quality screening process.
Winning with Balanced Capital Allocation
At Crawford Investment Counsel, we do not believe growth and return of capital are mutually exclusive.
JNJ: Dividends and Divestitures
There are few stocks that have been held for 41 years at Crawford Investment Counsel. One is Johnson & Johnson (J&J).
The Intersection of Quality and Valuation
Valuation is an important and final component of our expected Total Shareholder Return (TSR) framework.
Defining Return Expectations by Employing a TSR Framework
Our internally developed TSR methodology is one important enhancement to our proprietary process that relies entirely on our produced research & analysis.
Stock Rating System
We utilize a formal, subjective stock rating system to communicate how we are evaluating individual investment opportunities.
Porter’s Five Forces in the Crawford Equity Research Process
We apply Porter’s Five Forces of critical thinking to each potential investment for CIC equity strategies.
