Report
Dave Nicoski ...
  • Ross LaDuke
EUR 47.02 For Business Accounts Only

Vital Signs: Actionable charts

Key Points:

Many REITs are breaking out, suggesting the baton is once again being passed to the defensive areas of the market.

Energy stocks continue to weigh on the market.

A few consumer discretionary stocks are reversing price and RS downtrends or breaking to new highs.

Healthcare services remains a bright spot as many issues are breaking to new price and RS highs.
Underlyings
Agilysys Inc.

Agilysys is a provider of hospitality software. The company delivers technology solutions for gaming, hotels, resorts and cruise, corporate foodservice management, restaurants, universities, stadia and healthcare. The company provides solutions in the industry, including point of sales, property management, inventory and procurement, payments, and related applications, to manage the entire guest journey. The company is a developer and marketer of software enabled solutions and services to the hospitality industry, including software solutions fully integrated with third party hardware and operating systems; support, maintenance and subscription services; and other services.

ALLEGIANT TRAVEL CO

Allegiant Travel is a travel company. The company's travel services and products are: scheduled service air transportation, which provides scheduled air transportation on flights mainly between cities and other destinations; ancillary air-related products and services, which provides unbundled air-related services and products in conjunction with air transportation; third party products and services, which provides third party travel products such as hotel rooms and ground transportation for sale to its passengers; and fixed fee contract air transportation, which provides air transportation through fixed fee agreements and charter service on a year-round and ad-hoc basis.

American Assets Trust Inc.

American Assets Trust is a self-administered real estate investment trust that owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company operates in four segments: Retail, which primarily include rental of retail space and other tenant services, including tenant reimbursements, parking and storage space rental; Office, which primarily include rental of office space and other tenant services; Multifamily, which include rental of apartments and other tenant services; and Mixed-use, which include rental of retail space and other tenant services.

American Campus Communities Inc.

American Campus Communities is a real estate investment trust focusing on the acquisition, design, financing, development, construction management, leasing, and management of student housing properties. The company has four reportable segments: Owned Properties, which includes off-campus properties that are located in close proximity to the school campus; On-Campus Participating Properties, which includes on-campus properties that are operated under long-term ground/facility leases; Development Services, which consists of development and construction management services; and Property Management Services, which includes third-party management contracts in which the company is responsible for operations.

AngioDynamics Inc.

AngioDynamics designs, manufactures and sells medical, surgical and diagnostic devices for the treatment of peripheral vascular disease, vascular access and for use in oncology and surgical settings. The company's business units are: Oncology/Surgery, which provides a range of ablation technologies, including thermal tissue ablation systems, surgical resection and the NanoKnife System; Vascular Interventions and Therapies, which supports the medical areas of venous insufficiency, thrombus management, and peripheral products; and Vascular Access, which includes peripherally inserted central catheters, midline catheters, implantable ports, dialysis catheters and related accessories and supplies.

Arrow Electronics Inc.

Arrow Electronics is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company has two business segments, the global components business and the global enterprise computing solutions (ECS) business. The global components segment markets and distributes electronic components and provides customers with the ability to deliver technologies to the market through design engineering, global marketing and integration, global logistics, and supply chain management. The global ECS segment provides computing solutions and services, including data-center, cloud, security, and analytics solutions.

Badger Meter Inc.

Badger Meter is an innovator, manufacturer and marketer of products incorporating flow measurement, control and communication solutions serving markets worldwide. The company's product lines fall into following categories: sales of water meters, radios and related technologies to municipal water utilities and sales of meters, valves and other products for industrial applications in water, wastewater, and other industries. The company provides flow measurement, control and communication portfolios in the market. This portfolio carries brand names including Recordall?, Hedland?, Dynasonics?, Blancett?, and Research Control?, and includes various primary flow meter technologies.

Bank of Hawaii Corporation

Bank of Hawaii is a bank holding company. Through its subsidiary, the company provides financial products and services to customers in Hawaii, Guam, and other Pacific Islands. The company's segments include: Retail Banking, which provides financial products and services such as loan and lease, deposit, and retail insurance products; Commercial Banking, which provides products such as corporate banking, commercial real estate loans, commercial lease financing, auto dealer financing, and deposit products; and Investment Services and Private Banking, which includes private banking and international client banking services, trust services, investment management, and institutional investment advisory services.

Benchmark Electronics Inc.

Benchmark Electronics provides engineering services, technology solutions and manufacturing services. The company provides a range of design, engineering, automation, test, manufacturing and fulfillment solutions that support its customers' products from initial concept and design through prototyping, design validation, testing, ramp-to-volume production, distribution and aftermarket support. From initial product concept to volume production, including direct order fulfillment and aftermarket services, the company provides services and solutions to original equipment manufacturers. The company's customer engagement focuses three key areas: engineering services, technology solutions, and manufacturing services.

Brink's Company

Brink's is engaged in total cash management, route-based logistics and payment solutions including cash-in-transit, automated teller machine (ATM) services, cash management services, including vault outsourcing, money processing, and safe services, and international transportation of valuables. The company's service offerings, among others, include: cash-in-transit services, which include the transportation of cash between businesses and financial institutions; ATM services, which provide customers who own and operate ATMs a variety of service options; global services, which provide transportation of commodities; and CompuSafe? service, which provides a closed-loop system.

Cardinal Health Inc.

Cardinal Health is a healthcare services and products company providing customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices. The company's segments include: Pharmaceutical and Medical. The company's Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products in the United States. The company's Medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products, which are sold in the United States, Canada, Europe, Asia and other markets.

Chipotle Mexican Grill Inc.

Chipotle Mexican Grill together with its subsidiaries operates Chipotle Mexican Grill restaurants, which feature a menu of burritos, burrito bowls (a burrito without the tortilla), tacos, and salads. The company operates Chipotle restaurants throughout the United States, international Chipotle restaurants, and non-Chipotle restaurants. The company uses various herbs, spices and seasonings to prepare its meats and vegetables. The company also serves tortilla chips that seasoned with lime juice and salt, with sides of hand mashed guacamole, salsas, or queso. In addition to sodas, fruit and tea drinks, and organic milk, most of the company's restaurants also provide a selection of beer and margaritas.

Cincinnati Financial Corporation

Cincinnati Financial is a holding company. Through its subsidiaries, the company is engaged in property casualty insurance. The company's market property casualty insurance group includes its subsidiaries, The Cincinnati Casualty Company and The Cincinnati Indemnity Company, which write business, homeowner and auto policies. The company's subsidiary, The Cincinnati Insurance Company conducts the business of the company's reinsurance assumed operations. Other subsidiaries include: The Cincinnati Life Insurance Company, which provides life insurance policies and fixed annuities; and The Cincinnati Specialty Underwriters Insurance Company, which provides excess and surplus lines insurance products.

Community Healthcare Trust Incorporated

Community Healthcare Trust is a healthcare real estate company. The company owns and acquires real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in its target submarkets. The company's investment portfolio is diversified among healthcare facility type and segments such as medical office buildings, physician clinics, ambulatory surgery centers, behavioral facilities, dialysis clinics, oncology centers, acute care hospitals, assisted living facilities, post-acute care hospitals, skilled nursing facilities, and specialty hospitals.

Cousins Properties Incorporated

Cousins Properties is a real estate investment trust. The company conducts substantially all of its business through its subsidiary, Cousins Properties LP (CPLP). CPLP also owns Cousins TRS Services LLC, which owns and manages its own real estate portfolio and performs certain real estate related services for other parties. The company's segments are based on the method of internal reporting which classifies operations by property type and geographical area. The segments by property type are: Office, Mixed-Use, and Other. The segments by geographical region are: Atlanta, Charlotte, Austin, Phoenix, Tampa, Orlando, Houston, and Other.

CSG Systems International Inc.

CSG Systems International is a revenue management and digital monetization, customer experience, and payment solutions provider. The company's primary product solutions include: Revenue Management and Digital Monetization, which provides global service providers with a revenue management framework in either a cloud-based or stand-alone environment; Customer Communications Management, which manages and improves the customer experience, from onboarding to upgrades, payments to field service management; Payments, which provides options to manage and process payments from their customers; and Managed Services, which operates software products (primarily its software solutions) on behalf of its clients.

Ensign Group Inc.

Ensign Group is a holding company. Through its operating subsidiaries, the company provides skilled nursing, senior living and rehabilitative services, as well as other ancillary businesses. In transitional and skilled services, the company provides short and long-term nursing care services for patients with chronic conditions, prolonged illness, and the elderly. The company's senior living companies provide residential accommodations, activities, meals, housekeeping and assistance in the activities of daily living to seniors who are independent or who require some support, but not the level of nursing care provided in a skilled nursing operation. The company's other business lines includes of mobile ancillary services.

Estee Lauder Companies Inc. Class A

Estee Lauder Companies is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The company's products are sold under a number of brand names including: Estee Lauder, Clinique, Origins, MzAzC, Bobbi Brown, La Mer, Jo Malone London, Aveda and Too Faced. The company is also the global licensee for fragrances, cosmetics and/or related products sold under various designer brand names. The company's products include skin care, makeup and related items such as compacts, brushes and other makeup tools, fragrance sold in various forms, hair care, and other ancillary products and services.

Flowers Foods Inc.

Flowers Foods produces a range of breads, buns, rolls, snack cakes, and tortillas and is a producer and marketer of packaged bakery foods in the United States. The company also sells returned and surplus product through a system of thrift stores. The company supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls; sells packaged bakery products to wholesale distributors for sale to a variety of food outlets; and sells packaged snack cakes primarily to customers who distribute them nationwide through various channels of distribution, including merchandisers, supermarkets, vending outlets and convenience stores.

Hanesbrands Inc.

Hanesbrands is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under some apparel brands, including Hanes, Champion, Bonds, DIM, Maidenform, Bali, Playtex, Lovable, Bras N Things, Nur Die/Nur Der, Alternative, L'eggs, JMS/Just My Size, Wonderbra, and Gear for Sports. The company's segments are: Innerwear, which includes apparel products, such as men's underwear, women's panties, children's underwear, socks and intimate apparel; Activewear, which includes T-shirts, fleece, performance apparel, sport shirts and thermals; and International, which includes innerwear, activewear, hosiery and home goods products, sold outside of the United States.

Healthcare Realty Trust Incorporated

Healthcare Realty Trust is a self-managed and self-administered real estate investment trust that owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services. The company has gross investments in real estate properties, construction in progress, a redevelopment in Memphis, TN, land held for development and corporate property. The company provides property management services for healthcare-related properties nationwide.

IRobot Corporation

iRobot is a consumer robot company. The company's portfolio of solutions features technologies for the connected home and concepts in cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company provides multiple Roomba floor vacuuming robots. The Braava robots automatically dust and damp mop hard-surface floors using cleaning cloths or the company's designed reusable microfiber cloths and include a reservoir that dispenses liquid throughout the cleaning cycle to keep the cloth damp. The robotic lawn mower, Terra t7 is being designed with a mapping and navigation system. Using the engaging Root Coding App, kids can learn coding fundamentals while they play, explore, and create.

Lancaster Colony Corporation

Lancaster Colony is a manufacturer and marketer of food products for the retail and foodservice channels. Within its Retail segment, the primary food products the company manufactures and sells include: frozen garlic breads; frozen Parkerhouse style yeast rolls and dinner rolls; salad dressings; vegetable dips and fruit dips; flatbread wraps and pizza crusts; sprouted grain bakery products; salad dressings; and croutons and salad toppings. Within its Foodservice segment, the primary food products the company manufactures and sells include: salad dressings; frozen garlic breads; frozen Parkerhouse style yeast rolls and dinner rolls; and frozen pasta.

LegacyTexas Financial Group Inc.

LegacyTexas Financial Group is a bank holding company. Through its wholly owned subsidiary, LegacyTexas Bank, the company's principal business consists of accepting retail deposits from the general public and the business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one-to-four family residences and consumer loans. The company provides a range of deposit accounts that provide a range of interest rates and terms, generally including savings, money market, certificate of deposit and demand accounts.

Lexington Realty Trust

Lexington Realty Trust is a real estate investment trust (REIT) that focused on single-tenant industrial real estate investments. The company conducts its operations either directly or indirectly through property owner subsidiaries and lender subsidiaries, which are single purpose entities; an operating partnership, Lepercq Corporate Income Fund L.P. , in which the company is the sole unit holder of the general partner and the sole unit holder of the limited partner that holds a majority of the limited partner interests; a wholly-owned taxable REIT subsidiaries, Lexington Realty Advisors, Inc.; and investments in joint ventures.

LGI Homes Inc.

LGI Homes is a holding company. Through its subsidiaries, the company is engaged in the design, construction, and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, and Nevada. The company's product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under its LGI Homes brand, and its luxury series homes, which are sold under its Terrata Homes brand. The company's homebuilding operations are organized and managed by seven divisions: West, Northwest, Central, Midwest, Florida, Southeast and Mid-Atlantic.

LHC Group Inc.

LHC Group is a holding company. Through its subsidiaries, the company provides post-acute health care services to its patients. The company's segments include: home health services, which include nursing, medically-oriented social services and physical, occupational, and speech therapy; hospice services, which include pain and symptom management, emotional and spiritual support, inpatient and respite care, homemaker services, dietary counseling, and family bereavement counseling; and home and community-based services, which include assistance with grooming, medication reminders, meal preparation, assistance with feeding, light housekeeping, respite care, transportation, and errand services.

Masco Corporation

Masco designs, manufactures and distributes home improvement and building products. The company's Plumbing Products include faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures and toilets. This segment also includes brass, copper and composite plumbing system components and other non-decorative plumbing products. The company's Decorative Architectural Products include cabinet and door hardware, functional hardware, wall plates, hook and hook rail products, and picture hanging accessories. This segment also includes decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting and LED lighting systems.

Medical Properties Trust Inc.

Medical Properties Trust is a self-advised real estate investment trust. The company invests in: General acute care, which provides inpatient care for the treatment of acute conditions and manifestations of chronic conditions; Inpatient rehabilitation hospitals, which provides rehabilitation to patients with various neurological, musculoskeletal orthopedic, and other medical conditions following stabilization of their acute medical issues; and long-term acute care hospitals, a specialty-care hospital designed for patients with serious medical problems that require intense, special treatment for an extended period of time, sometimes requiring a hospital stay averaging in excess of three weeks.

New York Times Company Class A

New York Times is a global media organization focused on creating, collecting and distributing news and information. The company's principal business consists of distributing content generated by its newsroom through its digital and print platforms. In addition to subscriptions to its digital news product, the company provides standalone subscriptions to other digital products, namely the company's Crossword and Cooking products. Certain digital news subscription packages include access to the company's Crossword and Cooking products. The company's products also include news and opinion podcasts, which are distributed both on its digital platforms and on third-party platforms.

NewMarket Corporation

NewMarket is a holding company and is the parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services), and NewMarket Development Corporation (NewMarket Development). Afton manufactures and sells petroleum additives, while Ethyl represents the sale of tetraethyl lead (antiknock compounds) in North America as well as certain contracted manufacturing and services. NewMarket Development manages the property that the company owns in Virginia. NewMarket Services provides various administrative services to the company, Afton, Ethyl, and NewMarket Development. The company's business is principally engaged in lubricant additives and fuel additives.

NorthWestern Corporation

Northwestern provides electricity and/or natural gas to customers in Montana, South Dakota and Nebraska. The company's segments are: electric operations; and natural gas operations. In Montana, the company's regulated electric utility business includes generation, transmission and distribution. The company also transmits electricity for nonregulated entities owning generation, and utilities, cooperatives, and power marketers serving the electricity market. The company's regulated natural gas utility business includes production, storage, transmission and distribution. The company transmits natural gas from production receipt points and storage facilities to distribution points and other nonaffiliated transmission systems.

O'Reilly Automotive Inc.

O'Reilly Automotive is a retailer of automotive aftermarket parts, tools, supplies, equipment and accessories, selling its products to both do-it-yourself and service provider customers. The company's stores carry a product line, including: new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting, oil and wiper blades; and accessories, such as floor mats, seat covers and truck accessories.

Ollie's Bargain Outlet Holdings Inc

Ollie's Bargain Outlet Holdings is a holding company. The company and its subsidiaries buys overproduced, overstocked, and closeout merchandise from manufacturers, wholesalers, and other retailers. The company's product offerings include: cooking utensils, dishes, appliances, plastic containers, cutlery, storage and garbage bags, detergents and cleaning supplies; packaged food including coffee, bottled non-carbonated beverages and salty snacks; household goods including bedding and towels; books and stationery; floor coverings including laminate flooring, commercial and residential carpeting, area rugs and floor mats; and electronics, including air conditioners, home electronics and cellular accessories.

Orthofix Medical Inc.

Orthofix Medical is a medical device company focused on musculoskeletal products and therapies. The company manages its business by its four reporting segments: Global Spine, represented by three product categories; Bone Growth Therapies, which manufactures, distributes, and provides support services for bone growth stimulation devices; Spinal Implants, which designs, develops and markets a portfolio of motion preservation and implant products; and Biologics, which provides a portfolio of regenerative products and tissue forms; and Global Extremities, which provides products and solutions that allow physicians to treat a variety of orthopedic conditions unrelated to the spine.

Prosperity Bancshares Inc.(R)

Prosperity Bancshares is a financial holding company, engaged in providing a variety of financial products and services to small and medium-sized businesses and consumers. The company is a real estate lender with commercial real estate (including multifamily residential), one-to-four family residential and construction, land development and other land loans. The company also provides commercial loans, agricultural loans, loans for automobiles and other consumer durables, home equity loans, debit and credit cards, internet banking and other cash management services, mobile banking, trust and wealth management, retail brokerage services, mortgage banking services and automated telephone banking.

PS Business Parks Inc.

PS Business Parks is a self-advised and self-managed real estate investment trust that owns, operates, acquires and develops commercial properties, primarily multi-tenant industrial, flex and office space. Substantially all of the company's assets are held, and its business conducted, through PS Business Parks, L.P. The company owns and operates commercial space, comprising business parks, in California, Texas, Virginia, Florida, Maryland and Washington. The company owns flex space, representing industrial buildings that are configured with a combination of warehouse and office space and can be designed to fit a variety of uses.

Sealed Air Corporation

Sealed Air is a global provider of packaging solutions for the food, e-Commerce, electronics and industrial markets. The company serves an array of end markets including food and beverage processing, food service, retail, commercial and consumer applications, by providing food safety and security, product protection and equipment. The company's segments include: Food Care, which serves perishable food processors, predominantly in chilled, smoked and processed meat, poultry and dairy-solid markets worldwide, and maintains positions in target applications; and Product Care, in which its solutions are designed to protect goods in shipping.

Stifel Financial Corp.

Stifel Financial is a financial holding company. The company's principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. The company's principal activities are: private client services; institutional equity and fixed income sales, trading and research, and municipal finance; investment banking services; and retail and commercial banking. The company has the following segments: Global Wealth Management, which provides securities transaction, brokerage, and investment services; and Institutional Group, which includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate.

Triumph Group Inc.

Triumph Group designs, engineers, manufactures, repairs, and overhauls a portfolio of aerospace and defense systems, components, and structures. The company provides its products and services through three segments: Triumph Integrated Systems, which is engaged in the design, development and support of proprietary components, subsystems and systems, as well as production of assemblies using external designs; Triumph Aerospace Structures, whose companies supply commercial, business, regional and military manufacturers with metallic and composite structures and produce close-tolerance parts; and Triumph Product Support, whose companies provide solutions for commercial, regional and military aircraft.

Vishay Intertechnology Inc.

Vishay Intertechnology is a manufacturer and supplier of discrete semiconductors and passive components. The company's semiconductor products include metal oxide semiconductor field-effect transistors, diodes, and optoelectronic components. Semiconductors are used to perform functions such as switching, amplifying, rectifying, routing, or transmitting electrical signals, power conversion, and power management. The company's passive components include resistors, capacitors, and magnetics such as inductors and transformers. Passive components are used to store electrical charges, to limit or resist electrical current, and to help in filtering, surge suppression, measurement, timing, and tuning applications.

W. R. Berkley Corporation

W. R. Berkley is an insurance holding company. The company operates in two segments of the property casualty insurance business: Insurance, which includes commercial insurance business, including excess and surplus lines, admitted lines and specialty personal lines throughout the United States, as well as insurance business in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia; and Reinsurance, which provides reinsurance business on a facultative and treaty basis, primarily in the United States, the United Kingdom, Continental Europe, Australia, the Asia-Pacific region and South Africa.

Walmart Inc.

Walmart is engaged in global operations of retail, wholesale and other units, as well as eCommerce, located throughout the U.S., Africa, Argentina, Canada, Central America, Chile, China, India, Japan, Mexico and the U.K. The company's operations are conducted in three reportable segments: Walmart U.S., which is a mass merchandiser of consumer products, operating under the Walmart and Walmart Neighborhood Market brands, as well as walmart.com, jet.com and other eCommerce brands; Walmart International, which includes various formats divided into retail, wholesale and other categories; and Sam's Club, which is a membership-only warehouse club that also operates samsclub.com.

Provider
Vermilion Research
Vermilion Research

Vermilion Research delivers timely, actionable, and unique research inputs to professional investors. Our research strategists highlight securities which we believe are at major inflection points, based on our various proprietary technical indicators, and offer asymmetric risk/return profiles. We believe our research methodology, which is not limited by industry sector or market capitalization, enables us to deliver superior investment recommendations.

Our process begins by organizing all actively traded stocks into coherent sectors, then into logical industry groups. We then apply our proprietary relative strength tools to identify developing price trends. Once attractive trends are identified within a selected sectors or groups, we screen for individual stocks which we believe offer the best risk/reward profile. Vermilion offers U.S. and global equity market research products. Vermilion’s research team, which has received numerous awards and accolades, has a combined 70 year of experience in the analysis of investment securities.

Analysts
Dave Nicoski

Ross LaDuke

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