Perspectives Blog

Tom West, Director of Equity Research

Tom West has been the head of Equity Research at Columbia Management Investment Advisers, LLC since the beginning of 2008. Mr. West joined the firm in 2003 as an equity analyst and has been a member of the investment community since 2000.

Prior to joining Columbia Management, Mr. West was a sector analyst in equities and research associate in high yield fixed income, both at Fidelity Investments. Prior to entering the investment business, he worked for 12 years in industry, beginning his career as a design engineer and finishing department manager at Bosch Automotive Systems. He held a variety of posts in the U.S. and Europe, in areas including R&D, engineering and business development.

Mr. West earned a B.S. degree in mechanical engineering from Rutgers University and an M.S. in finance from Boston College, where he received the award for the highest economic achievement. In addition, he holds the Chartered Financial Analyst designation.

Profit margin watch

Tom West, Director of Equity Research | October 13, 2014

Corporate profit margins can come under pronounced pressure from various forms of disruption. Firms need to invest in technology and distribution systems to support customer preferences and stay competitive. The key question is whether a company has adequately invested in next generation products, distribution or true advances in productivity. A mainstay of stock market appreciation

Second quarter earnings preview

Tom West, Director of Equity Research | June 30, 2014

We believe YTD valuation improvement in stocks is more likely the result of basic supply and demand than an upward revision off corporate prospects. Going into corporate reporting season, we’re focused on whether the cyclical sectors show some signs of increasing activity. For the less cyclical sectors and consumer discretionary industries, we want to see

A tepid cyclical lift

Tom West, Director of Equity Research | April 28, 2014

Cyclical investment and discretionary spending are on track to deliver earnings growth of 7% in the S&P 500. Strength in some consumer durables appears more of a “wallet share” gain than a general lift due to recovering wages or a release of excess savings. Construction and energy are poised for another year of growth, while