Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Evercore Partners
So what: One of the winners of the AT&T
Now what: It may just be coincidence that two big deals announced this weekend involved Evercore, but no matter how you look at it the company is on a roll. This follows a report from Goldman Sachs last week that said Evercore was one of the most compelling buys in the sector, and no matter how skeptical you are of analysts, they were spot-on with Evercore (was it a coincidence they were upgraded last week?). I don't like buying on a pop like this, but if the stock pulls back a bit I may be tempted to put a few shillings to work with Evercore Partners. This type of business momentum is just too tough to ignore.
Interested in more info on Evercore Partners? Add it to your watchlist.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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