• Advising, Managing & Investing in Growth

    Advising, Managing & Investing in Growth

    Over more than 25 years of paradigm shifts and business cycle volatility, GVA creates value for clients.

  • Strategic Planning, Financial Analysis & Corporate Management

    Strategic Planning, Financial Analysis & Corporate Management

    Drawing on public company CFO & Wall Street analyst experience, GVA serves such clients as The World Bank Group, Pharus Capital Management, and Mutualink.

  • Author & Expert Commentator

    Author & Expert Commentator

    GVA regularly contributes to & is a trusted source for such business media as CNBC, Bloomberg & BNN.

Recent Posts

BNN Interview: IBM Gaining Traction But Still Early In Transition

Today I joined BNN to discuss IBM Earnings IBM earnings With CEO Rometty’s surprise October 2014 announcement suspending earnings guidance investors have been understandably cautious with regard to maintaining positions in IBM shares. The 1Q15 results showcased the fundamental difficulties IBM confronts as revenues fell -12% y/y to $19.6bn while EPS rose +9% y/y to $2.91.

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Startup Founders: Hold Onto Your Innocence

Recently an article was published about the Ritual of Lean.  This got me thinking about how startups, on their journey from idea to funding to hopefully scale, how the all buzzwords, rituals, and competition (or perceived competition among startups as a sector) all contribute to the loss of innocence for any startup. I was the

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CNBC “Closing Bell” Interview: HPQ FY15Q1 Results Disappoint As Strong US$ Cuts EPS Guidance

Does  Coming Split Into HP Inc & HP Enterprise Justify Holding Stock? Financial Snapshot: HPQ ($38.19) A) Rev/EPS forecast – Revs $27.3bn (-3% y/y), EPS $0.91 (+1% y/y) B) Valuation: P/E 9.7x FY15 (Oct) EPS (1.9x PEG ratio), shows HPQ pricing-in gains from Windows 2003 server upgrade cycle. HPQ – FY15Q1 Revenues Reflect FX Hit

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Bloomberg Radio: Garrity on Cybersecurity Summit, FCC, Net Neutrality

Today I joined Kathleen Hays and Vonnie Quinn on The Bloomberg Advantage. You can listen to the replay here.  Below are some of the discussion points from the segment. 1) Internet Regulation: Historical Precedents Are Abundant & Instructive: The issues involved in the upcoming FCC decision pertain to the use, ownership and regulation of shared

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cnbc squawk box david garrity

CNBC “Squawk Box” Interview: AAPL Investment Discussion

Market Cap Breaks $700bn – iPhone6 Upgrade Cycle Expected To Boost $130bn Shareholder Value Program – Shares Attractive: Yesterday I joined CNBC’s “Squawk Box” to talk about AAPL. Thanks to Michelle Caruso Cabrera, Andrew Ross Sorkin and Scott Wapner for having me on. Discussion Points: 1) Swiss Franc Denominated Debt Attractive For Top-rated Corporate Issuers,

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GVA Research On Bloomberg: Tech Spending and Investing in 2015

Image Source: Flickr The interview starts at 13:30 and runs to 28:30. Last week, I was interviewed on Bloomberg Radio’s “Bloomberg Advantage”. Special thanks @Kathleen_Hays and @VonnieQuin for having GVA Research on their show! 2015 Venture Capital Outlook: Following 2014 which saw the greatest amount of funding raised for start-ups since 1999, questions understandably arise as

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Interview: Raising Capital in Today’s Environment

David Garrity, Principal at GVA Research, talks with Jason Behrens, the ACE Portal General Counsel, about the evolving paradigm in today’s capital raising environment. They cover: Access to capital vis-a-vis the JOBS Act Issues of adequate due diligence The role of technology and platforms in facilitating better information disclosure and investor protections How broker-dealers are reacting

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Forbes: Why Big Blue Is Still A Big Bruise

Following my appearance on CNBC discussing IBM in 2015, Steve Denning of Forbes wrote this thoughtful piece quoting GVA Research: IBM: Why Big Blue Is Still a A Big Bruise Thanks Steve for including GVA Research in your commentary.  Here is the the link to the full article.

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Microsoft’s Gift to Intel

Today I had the chance to talk live on CNBC’s Squawk Box about INTC. INTC – Enterprise Server Upgrade Cycle Supporting 2015 EPS Growth: With MSFT set to end support for Windows Server 2003 in July 2015, over 10mm server units may be up for refresh in 2015. As 2014 shipments for the entire Windows server

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david on squawkbox

What’s Plaguing IBM?

I joined CNBC Squawk Box to talk about IBM and why is one of the worst performing tech stocks in the S&P 500 this year. Anchors Joe Kernen and Andrew Ross Sorkin ask me what 2015 and beyond holds for the company.  Click here to watch the video.

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