In The News / Market Signals, Active SMAs, and a Stock Spotlight

Market Signals, Active SMAs, and a Stock Spotlight

The recent economic slowdown is showing early signs of improvement. If that continues, next year could benefit from stimulus and stronger earnings.

Why that matters:

A stabilizing backdrop supports selective opportunities. Investors need to stay flexible as conditions evolve.

Crossmark’s actively managed SMAs allow us to make daily adjustments to stay aligned with our outlook, something index-based approaches don’t do.

Why that matters:

Daily oversight helps manage risk and keep portfolios positioned for changing markets.

Gilead remains a strong fundamental holding with attractive valuation, solid cash flow, and a competitive dividend. The company also announced a new $3 million initiative to expand access to breast cancer education and medicine.

Why that matters:

The combination of strong fundamentals plus values alignment is our sweet spot. We invest based on fundamentals, but many of our strategies incorporate values factors. Gilead’s philanthropic commitment reflects the type of positive impact we like to see.

December 12, 2025

Related Blog Articles

Bob Doll on Schwab Network

Crossmark’s Chief Executive Officer and Chief Investment Officer Bob Doll, CFA joined Schwab Network. He explains why U.S. equities continue to hit record highs despite elevated oil prices and geopolitical risks. Bob discusses shifting leadership within the Magnificent Seven, emphasizing a focus on earnings quality, return on equity, and free cash flow. Doll also outlines selective positioning in semiconductors while growing cautious on consumer credit exposure and parts of the financial sector.

Bob Doll on Fox Business Network

Crossmark’s Chief Executive Officer and Chief Investment Officer Bob Doll, CFA joined Fox Business Network’s Making Money with Charles Payne. Bob and Charles discussed the impact of geopolitics and the Iran conflict on the market.

Bob Doll on CNBC’s Closing Bell Overtime

Crossmark's CEO Bob Doll joins ‘Closing Bell Overtime’ to talk the downturn in equities and the state of the bond market.