CG has fallen off a cliff this year by 25% because of its exposure to energy. However, I think they have been overly punished for exposure to energy. Markets are at all time highs, so even if CG's energy portfolio is down 30-40%, the remaining 90% of Carlyle is probably up 10% or so given markets are up over 10%. On net, Carlyle's portfolio is up for 2014, so why a 25% selloff? January typically is very strong for PE as that is when they give their biggest dividend. CG could see a nice start of 2015 year rally. Selloff makes no sense to me. Anybody else have thoughts?
FVE management was recently given over 100K shares. 2014 was a disaster year full of distractions and catching up on reporting. They probably also flushed every possible bad news out so that they can start with a clean slate in 2015. As the tax loss selling comes to an end so that everybody who wants to get out is out, 2015 should be set up a a good year for the company to start showing positive surprises. Remember FVE is a US only firm with no exposure to foreign currency or global slowdown risks. Lower energy and a super strong US economy bodes well for FVE and the stock also shields you from global surprises. Also, the winter so far has been extremely mild, which also bodes well for occupancy rates.