About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Patrick McLaughlin

Serena Aburahma

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Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

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Small-Cap Stocks Haven’t Been this Cheap Relative to Large-Caps in Decades

This year has not been kind to investors, especially in small-caps.  There haven’t been many good places to hide from the market carnage and each passing week has seemed to bring fresh lows and further pain.  The iShares Core S&P Small-Cap ETF (NYSE: IJR) is a broad-based representation of the small company market and is down more than 16% year to date.  The growth-focused iShares Small-Cap ETF (NASDAQ: IJT) is down more than 21% year to date, and the value-focused iShares Small-Cap ETF (NYSE: IJS) is down more than 27% year to date, so there have been no safe harbors to be found this year.

There could be some good news on the horizon, however, even with the small-cap space trading at the cheapest levels in more than twenty years.  On a comparative basis, the S&P Small-Cap 600 Growth index is trading at the cheapest levels vs. the S&P 500 since 1998, when FactSet first began tracking that data.  Small-cap stocks, especially growth stocks traditionally trade at a premium to their large-cap counterparts, but the small-cap indexes are now trading at a forward P/E discount to the S&P 500.  If we see an eventual reversion to the norm, small-caps could be poised for tremendous upside.

Inflation and fears of a global recession have ravaged stocks this year, but the challenging macro environment could be more favorable to small-cap stocks.  Many small companies are domestically focused, especially compared to large-cap multi-national corporations.  A strengthening U.S. dollar could lift domestic small-cap stocks, especially if a U.S. recession is shorter and shallower than elsewhere in the world.

On the earnings front, all three small-cap ETFs are estimated to grow faster than the S&P 500, with estimates for IJR at 34%, IJT at 47%, and IJS at 26% respectively, compared to the S&P 500 growth estimate of 20%.  Recent months have seen a massive divergence of market sentiment and fundamentals, so in theory, at least, faster-growing earnings should be rewarded if and when market conditions begin to normalize.

Speedboats are easier to maneuver than aircraft carriers, which require more time and space to turn.  It is much easier for a small company to shift and pivot to react to changing economic conditions than it is for global multinationals with sprawling operations.  Small companies can be nimble, and act quickly to capitalize on growing market segments or get out of dying ones.  Larger firms have inherent bureaucracies s which make rapid shifts nearly impossible due to all the layers of management that decisions have to be run through.  Small companies can be nimble and focused, so as the global economy recovers, they can be better positioned to grow revenues and earnings rapidly.

This year has been an absolute bloodbath for investors, but those who are focused on investing in high-quality small-cap companies, and have the patience to ride out the storm could be some of the best positioned when the markets (hopefully) start to head north again.

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post Small-Cap Stocks Haven’t Been this Cheap Relative to Large-Caps in Decades appeared first on Spotlight Growth.

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