Risks include stock market fluctuations
Posted: Thu Jul 10, 2025 5:35 am
increased its quarterly dividend n the period.
In health care, athenahealth was the main contributor. Athenahealth provides medical
billing services to practices of all sizes via a cloud network. In addition to payment
collection management and electronic medical record management, the company’s everupdating software engine helps physicians deal withincreasingly burdensome regulations,which is a growth area in which the company has a perceived competitive advantage.
Other positive contributors included Fair Isaac, which provides credit scoring and creditaccount management products and services to banks, credit reporting agencies, creditcard processing agencies, insurers, and retailers. Fair Isaac was able to shrug off the
surprise retirement of its CEO and report a fairly strong fiscal first quarter. To the extentcredit card volumes and consumer spending begins a sustained increase, Fair Isaacshould be poised to capitalize.
As for detractors, in consumer discretionary shop True Religion Apparel was the biggest
disappointment. The maker of premium denim jeans lowered its sales forecasts asdepartment stores slowed their purchases of the $200 jeans, shifting more of the burden
to the company’s own retail stores, which involve higher costs to open and maintain. The
company also got caught with long-term contracts for cotton, so were unable to take
advantage of the 50% drop in cotton prices in the last twelve months, as many of its
competitors were able to do.
FTI Consulting, in the industrials sector, also detracted significantly from performance. FTI
assists clients in addressing a range of business challenges, such as restructuring
(including bankruptcy), financing and credit issues and indebtedness, forensic accounting
and litigation matters, antitrust and competition matters, electronic discovery (e-discovery)
management and retrieval of electronically stored information, reputation management
and strategic communications. A combination of the lighter-than-expected fourth-quarter
In health care, athenahealth was the main contributor. Athenahealth provides medical
billing services to practices of all sizes via a cloud network. In addition to payment
collection management and electronic medical record management, the company’s everupdating software engine helps physicians deal withincreasingly burdensome regulations,which is a growth area in which the company has a perceived competitive advantage.
Other positive contributors included Fair Isaac, which provides credit scoring and creditaccount management products and services to banks, credit reporting agencies, creditcard processing agencies, insurers, and retailers. Fair Isaac was able to shrug off the
surprise retirement of its CEO and report a fairly strong fiscal first quarter. To the extentcredit card volumes and consumer spending begins a sustained increase, Fair Isaacshould be poised to capitalize.
As for detractors, in consumer discretionary shop True Religion Apparel was the biggest
disappointment. The maker of premium denim jeans lowered its sales forecasts asdepartment stores slowed their purchases of the $200 jeans, shifting more of the burden
to the company’s own retail stores, which involve higher costs to open and maintain. The
company also got caught with long-term contracts for cotton, so were unable to take
advantage of the 50% drop in cotton prices in the last twelve months, as many of its
competitors were able to do.
FTI Consulting, in the industrials sector, also detracted significantly from performance. FTI
assists clients in addressing a range of business challenges, such as restructuring
(including bankruptcy), financing and credit issues and indebtedness, forensic accounting
and litigation matters, antitrust and competition matters, electronic discovery (e-discovery)
management and retrieval of electronically stored information, reputation management
and strategic communications. A combination of the lighter-than-expected fourth-quarter