Eagle Boston Investment Management is a wholly owned subsidiary of Eagle Asset Management
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Small/Mid Cap Core
Smaller, less visible companies with unique business concepts or niche products are often reasonably priced and ripe for growth. Eagle's Small/Mid Cap Core team views investment decisions as if we were private buyers of a company. In other words, we want to own businesses (not just their numbers), which means focusing on firms that maintain sustainable competitive advantages within their industry.
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The Eagle Small/Mid Cap Core team identifies investment opportunities based on the following criteria:
Companies with a unique competitive advantage
- Better use of technology
- Excellent management
- High barriers to entry
- Low-cost producer
- Industry consolidator
- Diverse customer base
Growth and value parameters
- Reasonable price relative to historical valuation
- Reasonable price relative to takeover valuation
- High or expanding return on equity
- High or expanding operating margins relative to peer group
Sell discipline
- Deterioration of the company’s fundamentals or failure of original thesis
- Slowing of earnings growth
- Price appreciates above sustainable level
- Occupation of too large a portion of total portfolio
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