Institutional - Commentary & Outlook
2026
2026
Early in the second quarter, U.S. investors appeared to conclude that both the U.S. and Iran wanted to avoid a prolonged conflict. That shift in sentiment helped spark a broad “risk-on” rally. Technology stocks, particularly semiconductors, led the advance, while the Energy sector lagged as easing tensions around the Strait of Hormuz weighed on oil prices. The quarter was the best for the Russell 2000 in six years (since the stimulus-fueled Covid rally in 2020).
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
United Parks & Resorts, operating under the SeaWorld and Busch Gardens brands, is a leading entertainment company with a dozen destination and regional theme parks grouped in key markets across the United States - most notably Texas, Virginia, Southern California, and Florida. The company offers a diverse array of rides, shows, and other attractions, but core to its offering is showcasing its one-of-a-kind zoological collection: Animal interactions anchor each theme park experience.
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
The main use of nuclear energy is to provide grid electricity; nuclear power today accounts for nearly one-tenth of global electricity generation, and that pace is on the upswing: In 2024, nuclear reactors worldwide supplied a new record amount of electricity, eclipsing the previous peak set nearly two decades earlier. Nuclear output has risen across the globe and is being particularly driven by growth in Asia: China and India have made concerted efforts to increase their reliance on nuclear power, plus reactors have restarted in Japan.
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
Stocks extended their strong rebound in May, building on April’s gains as investors grew increasingly confident that the worst of the first-quarter geopolitical and inflation-related concerns had passed. Easing tensions in the Middle East, reduced volatility in energy markets, and continued signs of U.S. economic resilience helped improve sentiment. While oil prices remained elevated, calmer market conditions allowed investors to refocus on corporate fundamentals and economic growth.
Read MoreRead MoreWatch NowInstitutional - Commentary & Outlook
2026
2026
When clients ask how we find potential winners in small capitalization stocks, we often discuss opportunities that can arise during market dislocations. While true equity market dislocations are relatively rare, substantial price dislocations occur more frequently in small capitalization stocks. With patience and diligent research, we try to be prepared for these opportunities.
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
April 2026 marked a powerful rebound in global equity markets, as sentiment shifted decisively from March’s risk-off tone to renewed optimism. The key catalyst was a de-escalation in Middle East tensions, including a temporary ceasefire involving Iran and the partial reopening of the Strait of Hormuz, which helped stabilize energy markets and reduce geopolitical uncertainty. As oil prices became less volatile, equities rallied sharply from their March lows, with major U.S. indices quickly recovering and, in many cases, approaching or reaching new highs.
Read MoreRead MoreWatch Now
Founded in 1984, Pinnacle Associates, Ltd. is a forward thinking, multi-billion dollar investment advisory firm focused on transparency and putting clients first. We provide advice to individuals and families, institutional investors and other financial institutions.
