Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q4 2022 call → NOWe need to determine if management describes that their way of doing things is being adopted, copied, or moved toward by others in the market. The transcript includes discussions about fixed annuities, index annuities, etc. Management mentions that they have a broad product platform, but do they say others are following their lead? They talk about their strategies, but no explicit mention of competitors copying them. They mention SECURE 2.0 as legislation that will benefit them, but that's not about others adopting their approach. They mention their partnerships with Blackstone and BlackRock, but that's not about others copying. They mention their Corebridge Forward program, but again no mention of others following. They discuss their fixed annuity sales and how they are disciplined, but no mention of competitors adopting their methods. They also mention that they haven't ruled out entering RILA market, but that's about them possibly adopting others' approach, not others copying them. So no evidence of others following their lead. Answer NO.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| AES | The AES Corporation | Q1 2024 | 2024-05-03 | C+ |
| GGR | Gogoro Inc. | Q1 2023 | 2023-05-11 | D |
| TGT | Target Corporation | Q4 2022 | 2023-02-28 | C |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| USFD | US Foods Holding Corp. | Q1 2018 | 2018-05-12 | C |
| SHOO | Steven Madden, Ltd. | Q1 2017 | 2017-04-21 | C |
AES · Q1 2024 → YESThe question is: Does management describe that the WAY THIS COMPANY DOES THINGS is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET, so that the company's own way of doing things is ...
GGR · Q1 2023 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?
TGT · Q4 2022 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?