Recently, our Chief Investment Officer Scott Thompson, CFA discussed Montag & Caldwell’s unique investment approach in an interview with The Wall Street Transcript. They discussed how our capital preservation-focused, Growth at a Reasonable Price (GARP) strategy aims to identify attractively valued, high-quality growth companies.
The interview emphasizes Montag & Caldwell’s bottom-up stock selection process for risk mitigation, and the criteria for exiting positions, including deteriorating earnings growth or excessive valuation.
The article concludes with insights into macroeconomic factors for 2024; emphasizing higher-quality, defensive growth stocks whose more assured earnings growth, paired with more reasonable valuations, can provide a better ballast amidst, in our view, a more challenging market environment in 2024.