Week Ahead: As Equities Tank, What Do Corporations Think…?

In intraday trading Friday, shares of 3M and Honeywell – both slated to attend J.P. Morgan’s Industrials Conference – were down 1.5% and 3.23%, respectively, according to the IBKR Trade Workstation.

Meanwhile, as domestic and international travel – whether commercial passenger or industrial freight – also suffers from virus-related restrictions, investors will likely be keen to receive corporate responses to those developing situations as supply chains, and economic conditions, become further disrupted.

J.P. Morgan noted that its three-day event will provide both equity and debt investors an opportunity to explore key industry trends and individual company strategies through formal presentations and one-on-one and/or group meetings with companies in the aviation, transportation and industrials sectors.

The bank anticipates more than 500 equity and credit investors to attend, as well as 70 presenting companies.

March 10–11

  • BofA Securities 2020 Consumer & Retail Technology Conference (New York, NY)

The retail sector will also come into focus in the week ahead, with BofA Securities’ 2020 Consumer and Retail Technology Conference, slated to be held in New York.

While market participants expect the growth of online shopping to continue undeterred, and as data analytics, or ‘Big Data’, generally helps drive more nuanced, user-specific decisions, brick and mortar retailers have typically struggled and failed to compete with the digital momentum.

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Demise of Brick and Mortar Businesses lifts EMT ETF

Indeed, in-store shopping experiences generally appear to lack enough entertainment stimulus, experienced staff and authentically engaging customer service needed to compete with the convenience and speed of digital check-out and delivery processes.

Some anecdotal evidence suggests that it is not unusual to find abandoned registers and skeletal staff with less-than-ideal product expertise roaming the floors among larger retailers such as Bed Bath & Beyond (Nasdaq: BBBY) and Macy’s (NYSE: M).

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Disclosure: The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the ...

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