Commentary

Q3 2025 Quarterly Sector and Investment Research Update

Read the full report for current views on market trends and sector investing for the quarter.

By: Denise Chisholm

Updated: 7/28/2025

Key Takeaways

Trends in earnings estimates suggest the market still has room to run from here—even after the big recovery since April.
The tech sector has gone through a significant reset in valuations this year, potentially setting it up for continued leadership.
One sector to approach with caution may be consumer staples, which has been facing shrinking profit margins and unfavorable valuation dynamics.

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Quarterly Sector and Investment Research Update - Q1 2026

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