News

D.A. Davidson & Co. announced today that John D. Morris has joined the firm’s award-winning institutional equity research team in New York to provide analysis of apparel and footwear brands and retailers.

Should investors be worried about Amazon stock? The normally high-flying equity has had shaky performance since Labor Day, but Tom Forte, Senior Institutional Analyst for D.A. Davidson, said the drop may not signal any problems. Forte made his comments in “Why Amazon Stock Has Sagged Since Labor Day,” an article for TheStreet.com by Annie Gaus.Read the full article here.

D.A. Davidson & Co. today announced that Kevin Monaco has joined the firm as Senior Vice President, Branch Manager, for the firm’s Wealth Management office in Los Angeles.

More than 1,350 D.A. Davidson Companies associates across the country will have the opportunity to serve as volunteers this month during the firm’s D.A. Davidson Day initiative.

Although Apple was the first company to reach $1 trillion in market value, Tom Forte, D.A. Davidson Institutional Research Analyst, believes Amazon may be the company with the most room to grow – and thus could be the first to reach $2 trillion. Forte outlines his reasoning in “Here’s why Amazon may beat Apple to $2 trillion,” by Paul R. La Monica for CNN Money.Read the full article here.

Amazon may not be the first company that comes to mind when thinking of movie theaters. However, D.A. Davidson Institutional Analyst Tom Forte believes that a movie theater chain purchase makes sense for the ecommerce giant. Forte discusses the possibility in “All the Ways It Makes Sense for Amazon to Buy Mark Cuban’s Landmark Theaters,” an Inc. magazine article by Guadalupe Gonzalez.Read the full article here.

D.A. Davidson & Co. announced that it served as financial advisor to Urban Armor Gear, LLC (UAG), a brand leader in rugged protective cases for mobile devices, in its sale to Hammond, Kennedy, Whitney & Company, Inc. (HKW).

When measuring your investing progress, it’s important to select the right benchmark. Andrew Crowell, Vice Chairman of Wealth Management for D.A. Davidson, offers perspective on choosing an appropriate benchmark for your situation in “Stop Using the Wrong Benchmark for Your Investments,” a U.S. News & World Report article by Coryanne Hicks.Read the full article here.

Overstock is known as an online retailer but is investing heavily in blockchain technology. Tom Forte, Institutional Research Analyst for D.A. Davidson, discusses the strategy in “Remember Overstock? It’s basically a crypto company now,” a CNNtech article by Paul La Monica.Read the full article here.

D.A. Davidson & Co. announced that it has served as exclusive financial advisor to Community Bank in its merger with CVB Financial Corp. (NASDAQ: CVBF).