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Hodges Friday Fast Five

"In the investment business, you go to school every day, but never graduate." - Don Hodges

 

Friday Fast Five - 9/29/2023

by Hodges Investment Team, on September 29, 2023

Five interesting things that Hodges Capital research analysts discovered this week...

#1 SAVINGS: 80% of earnings have exhausted cash savings and now have less cash than pre-pandemic, according to a recent San Francisco Fed study.

#2 NORWAY: Per Chartr, Norway has just 0.07% of the world’s population but owns 1.5% of the global stock markets through investments in more than 9,000 listed companies across 70 countries.

#3 CYBER CRIME: Statista estimates global losses at $7.1 trillion last year compared to $1.2 trillion in 2019. Phishing has become the most prevalent attack and accounts for more than half of criminal online activity.

#4 CRICKET: According to Visual Capitalist, the Narendra Modi Stadium in India is the world’s largest stadium, with a capacity of 132,000 people.

#5 DFW OFFICES: MSCI estimates that the average offer on Dallas-area offices is almost 8% below average sales prices and is the widest spread since just following the Great Recession.

 

 HCM is an Investment Advisory Firm registered with the Securities and Exchange Commission (“SEC”), is a wholly owned subsidiary of Hodges Capital Holdings and serves as investment advisor to the Hodges Funds. HCM is affiliated with First Dallas Securities, Inc, a broker-dealer, and investment advisor registered with the SEC.

This discussion is not intended to be a forecast of future events and should not be considered a recommendation to buy or sell any security. Past performance is not indicative of future results. Investing involves risk. Principal loss is possible. Investing in smaller companies involves additional risks such as limited liquidity and greater volatility. No current or prospective client should assume that information referenced in this communication is a recommendation to buy or sell any security or is a substitute for personalized investment advice from your individual advisor. HCM does not provide tax or legal advice. Consult your tax or legal advisor for any related questions.

All information referenced herein is from sources believed to be reliable and is provided as general market commentary and does not constitute investment advice. This material was created for informational purposes only and the opinions expressed are solely those of HCM. HCM shall not in any way be liable for claims and makes no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information. The data and information are provided as of the date referenced and are subject to change without notice.

Hodges Friday Fast Five

We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Capital research analysts list the five most interesting things they discovered that week. Subscribe to receive the Hodges Friday Fast Five in your inbox every Friday. 

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