Research Notes: Are Old Dogs Learning New Tricks?

Once-great titans of industry have been on a tear of late. Can it continue?

📍 TLDR:

• Amid a resurgence in value stocks, former blue chips have performed quite well — but there are concerns.

• General Mills has driven growth — but are investors pricing in too much of the same going forward?

• A revenue cliff for IBM provides an interesting test case for the market.

• Is the ‘new’ AT&T new enough?