Month: June 2022

AMETEK – A Serial Acquirer and High Quality Conglomerate

Business Overview Ametek is an industrial conglomerate operating in the electrical equipment and component space. They focus on acquiring smaller companies operating in similar end-markets, or companies that are complimentary to the existing business structure. They break their operations down into two business segments: Electronic Instruments Group (EIG) and Electromechanical Group (EMG). The EIG segment …

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Portfolio Review – May 2022

The S&P 500 temporarily entered a bear market in May, with intraday lows on May 20th surpassing a 20% drop from all-time highs. Despite this mid-day drop the market actually closed slightly in the green for the month of May. The last week of May was the first green week the market had over the …

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