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
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.