BERWYN, Pa.--()--Technological innovation is vital for companies to succeed in business today. According to the latest position paper from Turner Investments, those companies developing technology effectively in their market sectors may be best positioned to prosper and reward investors over time.
“If companies in the 21st century have a commandment, it may very well be thou shalt innovate or thou shalt perish.”
Turner, an employee-owned investment firm based in Berwyn, Pennsylvania, publishes position papers quarterly that present the firm’s viewpoint on investment-related topics.
Titled How companies are using technology to win, the paper was written by Bob Turner, chairman and chief investment officer. Among the winning technologies cited are m-commerce in the consumer-discretionary sector, mobile payments in the financial-services sector, 4D imaging in the energy sector, and cloud computing in the technology sector.
In the paper, Mr. Turner notes, “If companies in the 21st century have a commandment, it may very well be thou shalt innovate or thou shalt perish.”
He describes two distinct advantages companies enjoy from obeying such a commandment: “One, they can offer proprietary products and services that are perhaps the best source of competitive advantage. Two, they can position themselves well for long-term growth in their markets. Not surprisingly, as a result of those two benefits, they also tend to generate superior returns in the stock market in the long run.”
To read this third-quarter 2012 position paper in its entirety, see the Turner Investments Web site http://www.turnerinvestments.com/turner-position-papers/. Or call 484.329.2407 for a free copy of the paper.
The views, opinions, and content presented are for informational purposes only. They are not intended to reflect a current or past recommendation, investment, legal, tax, or accounting advice of any kind, or a solicitation of an offer to buy or sell any securities or investment services. Except as otherwise specified, any companies, sectors, securities, and/or markets discussed are solely for illustrative purposes regarding economic trends and conditions or investment process and may or may not be held by Turner, the Turner Funds, or other investment vehicles or accounts managed by Turner or its affiliates. Past performance is no guarantee of future results.
Turner Investments refers to Turner Investments, L. P., its subsidiaries, and affiliates. Nothing presented should be considered to be an offer to provide any Turner product or service in any jurisdiction that would be unlawful under the securities laws of that jurisdiction.
Turner Investments, founded in 1990 and based in Berwyn, Pennsylvania, is an investment firm with more than $11 billion in assets under management in stocks, as of June 30, 2012. Turner manages growth, global/international, and alternative separately-managed accounts and mutual funds for institutions and individuals.