Report
Dave Nicoski ...
  • Ross LaDuke
EUR 46.60 For Business Accounts Only

Vital Signs: Actionable charts

Key Points:
• A number of Consumer Discretionary stocks remain leadership (e.g. BLD, SAH, OLLI, HIBB, WMT)

• A number of names in the Financial Sector are exhibiting leadership characteristics, such as new highs and RS reversals (e.g. OFG, COLB, CASH, TROW, IVZ, ECPG, SYF, CME, BRO, AJF, AIG, and L)

• A few industrial manufacturing names are attractive (e.g. NOC, POWL, HSC)
Underlyings
American International Group Inc.

American International Group is a holding company. Through its subsidiaries, the company provides a range of property casualty insurance, life insurance, retirement solutions, and other financial services. The company's businesses include General Insurance, which provides insurance products and services for commercial and personal insurance customers; Life and Retirement, which brings together a portfolio of life insurance, retirement and institutional products provided through a multichannel distribution network; and Other Operations, which include Blackboard U.S. Holdings, Inc., a subsidiary focused on delivering commercial insurance solutions using digital technology, data analytics and automation.

Arthur J. Gallagher & Co.

Gallagher (Arthur J.) is a holding company. Through its subsidiaries, the company provides insurance brokerage, consulting and third party claims settlement and administration services to both domestic and international entities. The company's segments are: brokerage, which is primarily comprised of its retail and wholesale insurance brokerage operations; risk management, which provides contract claim settlement and administration services for enterprises and public entities that choose to self-insure their property/casualty coverages and for underwriting enterprises that choose to outsource their property/casualty claims departments; and corporate, which manages its clean energy and other investments.

Boston Beer Company Inc. Class A

Boston Beer Company is an alcoholic beverage company and a craft brewer. The company is engaged in the business of selling alcohol beverages throughout the United States and in selected international markets. The company's brands include Samuel Adams?, Twisted Tea?, Truly Hard Seltzer?, Wild Leaf? Hard Tea and Tura? Alcoholic Kombucha. The company produces alcohol beverages including malt beverages, hard cider and hard seltzer at the company-owned breweries and its cidery and under contract arrangements at other brewery locations. The company sells its products mainly in the United States, but also has markets in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America.

Broadridge Financial Solutions Inc.

Broadridge Financial Solutions is a holding company. Through its subsidiaries, the company provides investor communications and technology-driven solutions to financial services clients. The company's services include investor communications, securities processing, data and analytics, and customer communications solutions. The company has two segments: Investor Communication Solutions, which involves the processing and distribution of proxy materials to investors in equity securities and mutual funds, as well as the facilitation of related vote processing; and Global Technology and Operations, which provides securities processing solutions for capital markets, wealth management, and asset management firms.

Brooks Automation Inc.

Brooks Automation provides semiconductor manufacturing automation solutions and life science sample-based services and solutions worldwide. In the semiconductor manufacturing market, the company provides robotics, automation systems and services. In the life sciences market, the company provides sample-based services and products, including a line of cold chain management solutions for handling and storing biological and chemical compound samples used in areas such as drug development, clinical research and advanced cell therapies. The company is also a provider of gene sequencing and gene synthesis services. The company's reportable segments consist of Brooks Semiconductor Solutions Group and Brooks Life Sciences.

Brown & Brown Inc.

Brown & Brown is an insurance agency, wholesale brokerage, insurance programs and service organization. The company's segments are: Retail, which provides a range of insurance products and services, and non-insurance risk-mitigating products; National Programs, which provides professional liability and related package products, a range of insurance products, and flood coverage, and targeted products and services; Wholesale Brokerage, which markets and sells excess and surplus commercial and personal lines insurance; and Services, which provides insurance-related services, including third-party claims administration and medical utilization management services, as well as Medicare Set-aside services.

Casey's General Stores Inc.

Casey's General Stores and its subsidiaries operate convenience stores under the names Casey's and Casey's General Store primarily in Iowa, Missouri, and Illinois. The company also operates stores under the name Tobacco City, selling primarily tobacco products, liquor stores, and a grocery store. Each Casey's Store carries food and nonfood items. Most of the company's food products are nationally advertised brands, and it also has an assortment of Casey's proprietary branded products. Stores sell regional brands of dairy and bakery products, and mostly provide beer. The company's nonfood items include tobacco products, health and beauty aids, school supplies, housewares, pet supplies, and automotive products.

CME Group Inc. Class A

CME Group is a holding company. Through its subsidiaries, the company exchanges provides a range of global benchmark products across asset classes based on interest rates, equity indexes, foreign exchange (FX), agricultural, energy and metal commodities. The company provides futures and options on futures trading across asset classes through its subsidiary, Chicago Mercantile Exchange Inc. (CME) Globex platform, cash and repo fixed income trading via BrokerTec, and cash and OTC FX trading via EBS. In addition, the company operates central counterparty clearing providers, CME Clearing, a division of CME. The company also provides optimization, reconciliation and processing services through TriOptima, Traiana and Reset.

Columbia Banking System Inc.

Columbia Banking System is a bank holding company. Through its wholly owned banking subsidiary, Columbia State Bank, the company provides a range of banking services to small and medium-sized businesses, personnel and individuals throughout Washington, Oregon and Idaho. The company provides its personal banking customers a range of account products including noninterest and interest-bearing checking, savings, money market and certificate of deposit accounts. Through its Columbia Trust Company subsidiary, the company provides a range of fiduciary, investment and administrative trust services, coupled with local, personalized attention to the requirements of each trust.

Core-Mark Holding Company Inc.

Core-Mark Holding Company is a wholesale distributor to the convenience retail industry, providing sales, marketing, distribution and logistics services to customer in the U.S. and Canada. The company purchases a variety of brand name and private label products from suppliers and manufacturers. The company provides a variety of food/non-food products, including fast food, candy, snacks, groceries, fresh products, dairy, bread, beverages, other tobacco products, alternative nicotine products, general merchandise and health and beauty care products. The company operates consolidation centers which buy products from its suppliers in bulk quantities and then redistribute the products to its other distribution centers.

DISH Network Corporation Class A

DISH Network is a holding company. Through its subsidiaries, the company operates two business segments: Pay-TV and Wireless. The company provides pay-TV services under: the DISH? brand, which consists of, among other things, Federal Communications Commission licenses authorizing the company to use direct broadcast satellite and Fixed Satellite Service spectrum, the company's owned and leased satellites, and certain other assets utilized in the company's operations; and the Sling? brand, which consists of, among other things, live-linear streaming over-the-top Internet-based domestic, international and Latino video programming services. In addition, the company invests to acquire certain wireless spectrum licenses and related assets.

Encore Capital Group Inc.

Encore Capital Group is an international specialty finance company providing debt recovery solutions and other related services for consumers across a range of financial assets. The company primarily purchases portfolios of defaulted consumer receivables at deep discounts to face value and manages them by working with individuals as they repay their obligations and work toward financial recovery. The company also provides debt servicing and other portfolio management services to credit originators for non-performing loans. The company has one reportable segment, portfolio purchasing and recovery.

Ford Motor Company

Ford Motor designs, manufactures, markets, and services a line of Ford cars, trucks, sport utility vehicles, electrified vehicles, and Lincoln vehicles, as well as provides financial services through its subsidiary, Ford Motor Credit Company LLC. The company is engaged in electrification; mobility solutions, including self-driving services; and connected vehicle services. The company has three operating segments: Automotive, which includes the sale of Ford and Lincoln vehicles, service parts, and accessories; Mobility, which includes its autonomous vehicles and its investment in mobility through Ford Smart Mobility LLC; and Ford Credit, which includes vehicle-related financing and leasing activities.

Fox Factory Holding Corp.

Fox Factory Holding is a holding company. Through its subsidiaries, the company is a designer, manufacturer and marketer of products and systems used on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. In its powered vehicle product categories, the company provides products under the FOX, BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4x4 Posi-Lok, and Tuscany brands. The company's bike product offerings are used on a range of mountain bikes and road bikes under the FOX, Race Face, Easton Cycling and Marzocchi brands.

Harsco Corporation

Harsco is a provider of environmental solutions for industrial and specialty waste streams, and equipment and technology for the rail sector. The company's segments are: Harsco Environmental, which is a provider of environmental services and material processing to the global steel and metals industries; Harsco Clean Earth, which provides processing and reuse solutions for hazardous wastes, contaminated materials, and dredged volumes through its facilities; and Harsco Rail, which is a supplier of equipment, after-market parts and services for the construction and maintenance of railway track as well as a supplier of collision avoidance and warning systems.

Hibbett Sports Inc.

Hibbett Sports is an athletic-inspired fashion retailer primarily located in small and mid-sized communities across the country primarily in the South, Southwest, Mid-Atlantic and the Midwest regions. The company's merchandise assortment features a primary selection of brand name merchandise focusing on athletic footwear, athletic and fashion apparel, team sports equipment and related accessories. The company's Hibbett Sports stores includes free-standing stores, and stores in enclosed malls. The company's City Gear stores are located primarily in strip centers. The company's Sports Additions stores provides athletic footwear with the remainder consisting of headwear and apparel.

Invesco Ltd.

Loews Corporation

Loews is a holding company and has five reportable segments comprised of four individual operating subsidiaries: CNA Financial Corporation, which provides commercial property and casualty coverages; Diamond Offshore Drilling, Inc., which provides contract drilling services to the energy industry; Boardwalk Pipeline Partners, LP, which is engaged in the business of natural gas and natural gas liquids and hydrocarbons transportation and storage; Loews Hotels Holding Corporation, which operates a chain of hotels; and the Corporate segment, which includes the operations of Altium Packaging LLC, which is a packaging solutions provider and manufacturer in North America.

Meta Financial Group Inc.

Meta Financial Group is a unitary savings and loan holding company. Through its subsidiary, MetaBank (the Bank), the company accepts deposits and invests those funds in its National Lending and Community Banking loan and lease portfolios. The Bank occasionally contracts to sell loans to third party buyers. The Bank also sells and purchases loan participations from time to time to and from other financial institutions, as well as mortgage-backed securities and other investments permissible under applicable regulations. The Bank's divisions issue prepaid cards, design consumer credit products, sponsor automated teller machines, and provide tax refund-transfer services and other products and services.

Northrop Grumman Corporation

Northrop Grumman is a security company. The company's segments include: Aerospace Systems, which is engaged in the design, development, integration and production of manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics and other systems and subsystems; Innovation Systems, which is engaged in the design, development, integration and production of flight, armament and space systems; Mission Systems, which is engaged in end-to-end mission solutions and multifunction systems; and Technology Services, which is engaged in delivering solutions and services in support of mission-critical networks and systems.

OFG Bancorp

OFG Bancorp is a financial holding company. Through its subsidiaries, the company provides banking and financial services to its clients through a range of banking and financial solutions. The company's business segments include: Banking, which provides deposits and commercial, consumer and mortgage loans, and mortgage banking activities; Wealth Management, which include financial planning, money management, investment banking, brokerage services, insurance sales activity, corporate and individual trust, and retirement services, as well as retirement plan administration services; and Treasury, which encompasses all of the company's asset/liability management activities.

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.

Par Pacific Holdings Inc

Par Pacific Holdings owns and operates energy and infrastructure businesses. The company's refining segment consists of a refinery in Kapolei, HI, that produces ultra-low sulfur diesel (ULSD), gasoline, jet fuel, marine fuel, low sulfur fuel oil, and other associated refined products. The company's refinery in Newcastle, WY, produces gasoline, ULSD, jet fuel, and other associated refined products and the company's refinery in Tacoma, WA, produces distillate, gasoline, asphalt, and other associated refined products. The company's retail segment operates retail outlets in Hawaii, Washington, and Idaho. The company's logistics segment owns and operates terminals, pipelines, a single-point mooring, and trucking operations.

Powell Industries Inc.

Powell Industries develops, designs, manufactures and services custom-engineered products and systems which distribute, control and monitor the flow of electrical energy and provide protection to motors, transformers and other electrically powered equipment. The company's principal products include integrated power control room substations, custom-engineered modules, electrical houses, distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers and bus duct systems. The company assists customers by providing services including spare parts, field service inspection, installation, commissioning, and modification and repair.

Republic Services Inc.

Republic Services is a provider of non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services in the United States. The company operates through collection operations, transfer stations, active landfills, recycling processing centers, treatment, recovery and disposal facilities, salt water disposal wells, and deep injection wells. In addition, the company is engaged in landfill gas-to-energy and renewable energy projects and had post-closure responsibility for closed landfills. The company's operations primarily consist of providing collection, transfer and disposal of non-hazardous solid waste, recovering and recycling of certain materials, and environmental services.

Sanderson Farms Inc.

Sanderson Farms is a poultry processing company engaged in the production, processing, marketing and distribution of frozen chicken products, including processed and minimally prepared chicken. The company sells ice-packed, chill-packed, bulk-packed and frozen chicken, in whole, cut-up and boneless form to retailers, distributors, and casual dining operators, and to customers who resell frozen chicken into export markets. The company operates through: Sanderson Farms, Inc. (Production Division), which is engaged in the production of chickens to the broiler stage; and Sanderson Farms, Inc. (Processing Division), which is engaged in the processing, sale and distribution of chicken products.

Sonic Automotive Inc. Class A

Sonic Automotive is an automotive retailer in the United States. The company has two reportable segments: the Franchised Dealerships Segment and the EchoPark Segment. The Franchised Dealerships segment is comprised of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle maintenance, warranty and repair services, and arrange finance and insurance products. The EchoPark segment is comprised of pre-owned vehicle retail locations that provide customers an opportunity to search the company's nationwide inventory, purchase a pre-owned vehicle, select finance and insurance products and sell their vehicle to the company

Synchrony Financial

Synchrony Financial is a savings and loan holding company and financial holding company. Through its subsidiaries, the company delivers a range of financing programs, as well as consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. The company provides a range of credit products through its financing programs which it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which it refers to as its partners. Through its partners, the company provides their customers a variety of credit products to finance the purchase of goods and services.

T. Rowe Price Group

T. Rowe Price Group is a financial services holding company that provides global investment management services. The company provide a range of United States mutual funds, subadvised funds, separately managed accounts, and other T. Rowe Price products. The company also provides certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting, and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; and trust services. The company also provide non-discretionary advisory planning services to fund shareholders and potential investors.

TopBuild Corp.

TopBuild is an installer and distributor of insulation and other building products to the construction industry. The company's products and services are primarily for residential new construction, commercial construction, and residential repair/remodel activity. The company operates in two segments: installation, which installs various insulation applications that include fiberglass batts and rolls, blown-in loose fill fiberglass, blown-in loose fill cellulose, and polyurethane spray foam; and distribution, which distributes insulation and other building products including rain gutters, fireplaces, closet shelving, and roofing materials through its Service Partners business.

Tyson Foods Inc. Class A

Tyson Foods is a food company. The company's operations consist of breeding stock, contract farmers, feed production, processing, further-processing, marketing and transportation of chicken and related allied products, including animal and pet food ingredients. Through its wholly-owned subsidiary, Cobb-Vantress, Inc., the company is engaged as poultry breeding stock supplier. The company also processes live fed cattle and hogs and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, case-ready beef and pork and fully-cooked meats. The company produces a range of fresh, frozen and refrigerated food products. The company operates in Beef, Pork, Chicken and Prepared Foods segments.

Ultra Clean Holdings Inc.

Ultra Clean Holdings is engaged in designing, engineering, and manufacturing of production tools, modules and subsystems for the semiconductor capital equipment industry and industry segments with similar requirements including display, consumer and medical. The company designs, develops, prototypes, manufactures and tests subsystems, and cleans and analyzes tool parts, primarily for the semiconductor market. The company's products include precision robotic solutions, gas delivery systems, a variety of industrial and automation production equipment products; and subsystems that includes wafer cleaning modules, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

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.

Waste Management Inc.

Waste Management is a holding company. Through its subsidiaries, the company is a provider of waste management environmental services. The company partners with its residential, commercial, industrial and municipal customers and the communities it serves to manage and reduce waste at each stage from collection to disposal, while recovering resources and creating renewable energy. The company's Solid Waste business is operated and managed by its subsidiaries that focus on various geographic areas and provide collection, transfer, disposal, and recycling and resource recovery services. Through its subsidiaries, the company is also a developer, operator and owner of landfill gas-to-energy facilities.

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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