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David Sekera

Dave Sekera, CFA, is chief U.S. market strategist for Morningstar. Follow David on Twitter: @MstarMarkets. Please note, Dave does not use either WhatsApp or Telegram. Anyone claiming to be Dave on these apps is an impersonator. He will not contact anyone on these apps and will not provide any content or advice on either app.

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The weak economic environment has made M&A an appealing way to 'purchase' growth through bolt-on acquisitions, while some sectors are still suffering from overcapacity, making the build versus buy decision tilt to the latter.