Tips by Kevin O’Boyle

Our strategy works best with smaller-cap stocks. Multiples tend to contract further when small companies mess up than when large ones do, so there’s...
Just missing a product cycle is generally fixable. So are problems that result from a company outgrowing its infrastructure – it’s a high-class...
In my experience, stocks begin to fall out of favor when companies miss Wall Street estimates and then really get hammered when actual earnings...
The most important thing I figured out early on was the benefit when investing in turnarounds of focusing on companies that operate in growing...
Excellent management is usually critical to successful turnarounds. While management changes aren’t always necessary, we often view management...
I’m a value guy at heart, so [I] would rather buy early than late. The problem with being late is that you’re already paying for the turnaround...