Report
Dave Nicoski ...
  • Ross LaDuke
EUR 46.69 For Business Accounts Only

Vital Signs: Actionable charts

Key Points:

• A number of Energy related names are reversing price and RS downtrends. (ex. DRQ, OII, AROC, and CKH)

• A few banks and asset managers are inflecting positively or within uptrends. (ex. C, BRKL, VLY, FCF, LM, and INTL)

• The healthcare Sector has a number of names inflecting bullishly (ex. CUTR, CMD, IART, CCRN, CRVL, MGLN, PGNX, ANIK, ILMN, IQV, and ANIP)
Underlyings
Albany International Corp. Class A

Albany International is engaged in two business segments: Machine Clothing and Albany Engineered Composites (AEC). The Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and other industrial applications. This segment also supplies consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The AEC segment provides engineered, composite structures to customers in the aerospace and defense industries. Other AEC programs include the F-35, Boeing 787, Sikorsky CH-53K, and JASSM programs.

AMETEK Inc.

AMETEK is a manufacturer of electronic instruments and electromechanical devices. Electronic Instruments operating group is engaged in the design and manufacture of analytical, test and measurement instruments for the process, aerospace, medical, research, power and industrial markets. This segment includes process and analytical instrumentation markets and products, and aerospace and power instrumentation markets and products. Electromechanical operating group is engaged in supplying automation solutions, thermal management systems, metals and electrical interconnects. This segment includes automation and engineered solutions markets and products; and aerospace markets and products.

ANI Pharmaceuticals Inc.

ANI Pharmaceuticals is a pharmaceutical company focused on developing, manufacturing, and marketing branded and generic prescription pharmaceuticals. The company's products include, among others: Arimidex, which is used for adjuvant treatment of postmenopausal women with hormone receptor-positive early breast cancer; Erythromycin Ethylsuccinate, which is used to treat infections caused by susceptible strains of designated organisms for selected diseases; Diphenoxylate Hydrochloride and Atropine Sulfate, which is used as an adjunctive therapy in the management of diarrhea; and Etodolac, which is used to treat mild to moderate pain caused by osteoarthritis and rheumatoid arthritis.

Anika Therapeutics Inc.

Anika Therapeutics is joint preservation and regenerative therapies company. The company's Joint Pain Management Therapies product family includes MONOVISC, ORTHOVISC, CINGAL, and HYVISC, hyaluronic acid (HA)-based intraarticular injectable products. The company's Orthopedic Joint Preservation and Restoration Care products include HYALOFAST, TACTOSET, Arthrosurface's catalogue of over 150 partial and total joint surface implants and preservation solutions for the knee, shoulder, hip, ankle, wrist and toe and Parcus Medical's line of surgical implant and instrumentation solutions. The company's Other product family consists of HA-based products that do not fit into one of its other primary product categories.

Archrock Inc.

Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression. The company is the provider of natural gas compression services to customers in the oil and natural gas industry and a supplier of aftermarket services to customers that own compression equipment. The company has two primary business segments: Contract Operations, which provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs; and Aftermarket Services, which sells parts and components and provides operation, maintenance, overhaul and reconfiguration services to customers who own compression equipment.

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.

Brookline Bancorp Inc.

Brookline Bancorp is a multi-bank holding company. Through its subsidiaries, the company is engaged in providing a range of commercial, business and retail banking services, including cash management products, on-line banking services, consumer and residential loans and investment services. The company's activities include acceptance of commercial, municipal and retail deposits, origination of mortgage loans on commercial and residential real estate located principally in New England states, origination of commercial loans and leases to small and mid-sized businesses, investment in debt and equity securities, and the provision of cash management and investment advisory services.

Cantel Medical Corp.

Cantel Medical is a provider of infection prevention products and services in the healthcare market. The company has four segments: Medical, which designs, develops, manufactures, sells and installs products and services comprising a circle of infection prevention solutions; Life Sciences, which designs, develops, manufactures, sells, and installs water purification systems; Dental, which designs, manufactures, sells, supplies and distributes infection prevention healthcare products; and Dialysis, which designs, develops, manufactures, sells and services reprocessing systems and sterilants for dialyzers, as well as dialysate concentrates and supplies utilized for renal dialysis

Citigroup Inc.

Citigroup is a financial services holding company whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. The company operates via two primary business segments: Global Consumer Banking, which provides banking services to retail customers through retail banking, Citi-branded cards and Citi retail services; and Institutional Clients Group, which includes banking and markets and securities services.

Corvel Corp.

CorVel is a provider of workers' compensation solutions for employers, third party administrators, insurance companies, and government agencies. The company provides services in two categories: Network Solutions, which provides a medical savings solution for all in-network and out-of-network medical bills including Preferred Provider Organization management, specialty networks, medical bill repricing, true line item review, fee negotiations, nurse review, automated adjudication, and electronic reimbursement; and Patient Management, which includes claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning.

Cross Country Healthcare Inc.

Cross Country Healthcare provides healthcare staffing, recruiting and workforce solutions. The company's business consists of three business segments: Nurse and Allied Staffing, which provides staffing, recruiting, and workforce solutions including temporary and permanent placement of travel and local branch-based nurse and allied personnel; Physician Staffing, which provides physicians, certified registered nurse anesthetists, nurse practitioners and physician assistants under its Medical Doctor Associates brand; and Other Human Capital Management Services, which is comprised of retained and contingent search services for physicians, healthcare executives, and other healthcare personnel.

Cutera Inc.

Cutera designs, develops, manufactures, distributes and markets light and energy-based product platforms for use by physicians and other practitioners. The company provides products based on the following platforms: enlighten, excel HR, truSculpt, excel V, xeo, Juliet?, and Secret? radio frequency, each of which enables physicians and other practitioners to perform aesthetic procedures, including treatment for body contouring, skin resurfacing and revitalization, tattoo removal, removal of benign pigmented lesions, vascular conditions, hair removal, toenail fungus and women's health. In addition, the company provides other products such as GenesisPlus, CoolGlide, and distributes ZO's skincare products.

Dana Incorporated

Dana is engaged in providing power-conveyance and energy-management solutions for vehicles and machinery. The company's operating segments are: Light Vehicle Drive Systems, which include light trucks (full frame), sport utility vehicles, crossover utility vehicles, vans, and passenger cars; Commercial Vehicle Drive and Motion Systems, which include medium duty trucks, heavy duty trucks, buses, and specialty vehicles; Off-Highway Drive and Motion Systems, which iinclude construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary; and Power Technologies, which include medium/heavy vehicle market, and off-highway market.

Dril-Quip Inc.

Dril-Quip designs, manufactures, sells and services drilling and production equipment for use in deepwater, harsh environment and severe service applications. The company's products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors, diverters and safety valves. The company provides technical advisory assistance during installation of its products, as well as rework and reconditioning services. The company's customers may rent or purchase running tools from the company for use in the installation and retrieval of its products.

ESCO Technologies Inc.

ESCO Technologies is a provider of engineered products and solutions to end-markets. The company's segments are: Filtration/Fluid Flow, which includes PTI Technologies Inc., a supplier of filtration and fluid control products; Utility Solutions Group, which includes Doble Engineering Company that develops, manufactures, and delivers diagnostic testing solutions; RF Shielding and Test, which includes ETS-Lindgren Inc. that designs and manufactures products to measure and contain magnetic, electromagnetic and acoustic energy; and Technical Packaging, which includes Thermoform Engineered Quality LLC that produces thermoformed products and packaging materials for several applications.

EVERTEC Inc.

Evertec is a transaction processing business in Latin America and the Caribbean. The company manages a system of electronic payment networks that process transactions, and provides a suite of services for bank processing, cash processing and technology outsourcing. The company owns and operates the ATH network, a personal identification number debit network in Latin America. The company has four segments: Merchant Acquiring, which provides services to accept electronic methods of payment; Payment Services - Puerto Rico & Caribbean and Payment Services - Latin America, in which the company is a card processor and card network service provider; and Business Solutions, which provides business process management solutions.

FAIR ISAAC CORP

Fair Isaac is a provider of analytic, software and data management products and services. The company's segments are: Applications, which includes pre-configured decision management applications designed for business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management; Scores, which includes its business-to-business scoring solutions and services, its business-to-consumer scoring solutions and services including myFICO? solutions for consumers, and associated services; and Decision Management Software, which is composed of analytic and decision management software tools and the company's FICO? Decision Management Suite.

FARO Technologies Inc.

FARO Technologies designs, develops, manufactures, markets and supports software driven, three-dimensional (3D) measurement and imaging solutions. The company's segments are: 3D Manufacturing, which provides solutions for 3D measurement and inspection in an industrial or manufacturing environment; Construction Building Information Modeling, which provides solutions for as-built data capturing and 3D visualization in building information modeling applications; and Emerging Verticals , which provides 3D solutions to capture and edit 3D shapes of products, people, and/or environments for design purposes in product development, computer graphics, and dental and medical applications.

First Commonwealth Financial Corporation

First Commonwealth Financial is a financial holding company. Through its First Commonwealth Bank subsidiary, the company provides an array of consumer and commercial banking services. The company also provides trust and wealth management services and insurance products. The company's consumer services include internet, mobile and telephone banking, an automated teller machine network, and personal checking accounts, among others. The company's commercial banking services include commercial lending, business checking accounts, on-line account management services, automated clearing house origination, payroll direct deposit, commercial cash management services and repurchase agreements.

GMS Inc.

GMS is a holding company. Through its subsidiaries, the company is engaged as a building products including wallboard, suspended ceilings systems, or ceilings, steel framing and other complementary building products. The company's product offering are: wallboard for interior and exterior walls and ceilings in residential and commercial structures; ceilings, which consists of suspended mineral fiber, soft fiber and metal ceiling systems; Steel Framing, which consists of steel track, studs and the various other steel products; and Other Products, which includes complementary products such as insulation, lumber, ready-mix-joint compound and various other interior construction products and ancillary products.

Illumina Inc.

Illumina is engaged in sequencing- and array-based solutions for genetic and genomic analysis. The company provides whole-genome sequencing, genotyping, noninvasive prenatal testing (NIPT), and product support services. Using the company's services, customers can perform whole-genome sequencing projects and microarray projects (including large-scale genotyping studies and whole-genome association studies). The company provides NIPT services through its partner laboratories that direct samples to the company on a test send-out basis in its Clinical Laboratory Improvements Amendments-certified, College of Pathologists-accredited laboratory. The company also provides support services to customers who have purchased its products.

Installed Building Products Inc.

Installed Building Products is a holding company. Through its subsidiaries, the company primarily install insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental U.S. The company provides its portfolio of services for new and existing single-family and multi-family residential and commercial building projects from its national network of branch locations. The company provides a range of insulation materials, including: fiberglass and cellulose insulation, and spray foam insulation.

Integra LifeSciences Holdings Corporation

Integra LifeSciences Holdings is a medical devices company engaged in the development, manufacturing, and marketing of surgical implants and medical instruments. The company manufactures and sells its products in the following two reportable business segments: Codman Specialty Surgical, which includes technologies in dural repair, ultrasonic tissue ablation, intracranial cranial pressure monitoring, hydrocephalus management, and cranial stabilization systems; and Orthopedics and Tissue Technologies, which focus on addressing soft tissue, nerve, and tendon repairs as well as reconstruction in the hand, wrist, elbow, shoulder, ankle and foot.

INTL FCStone

INTL FCStone is a global brokerage and financial services firm. The company's services include risk management advisory services for clients; clearing and execution of debt and equity securities, listed futures and options on futures contracts on securities and commodity exchanges; structured over-the-counter products in a range of commodities; physical trading and hedging of precious and base metals; trading of foreign currencies; market-making in international equities; fixed income; debt origination and asset management. The company organizes its business activities into five reportable segments: Commercial Hedging, Physical Commodities, Clearing and Execution Services, Securities, and Global Payments.

IQVIA Holdings Inc

IQVIA Holdings is a provider of analytics, technology solutions and contract research services to the life sciences industry. The company's reportable segments are: Technology and Analytics Solutions, which provides information, technology solutions and real world solutions and services to life science clients; Research and Development Solutions, which primarily serves biopharmaceutical clients, is engaged in research and development and provides clinical research and clinical trial services; and Contract Sales and Medical Solutions, which provides contract sales to both biopharmaceutical clients and the healthcare market.

Keysight Technologies Inc

Keysight Technologies is a technology company. The company's segments are: Communications Solutions Group, which provides electronic design and test software, instruments and systems and related services used in the simulation, design, validation, manufacturing, installation and optimization of electronic equipment; Electronic Industrial Solutions Group, which provides test and measurement solutions and related services across a set of electronic industrial end markets; and Ixia Solutions Group, which helps customers design, validate and support the performance and security of their networks and associated components and applications.

Legg Mason Inc.

Legg Mason is a holding company. Through its subsidiaries, the company is an asset management company that provides investment management and related products and services. The company's investment advisory services include discretionary and non-discretionary management of separate investment accounts for institutional and individual investors. The company's investment products include proprietary mutual funds ranging from money market and other liquidity products to fixed income, equity and alternative funds managed in various investment styles. The company also provides other domestic and offshore funds to both retail and institutional investors, privately placed real estate funds, hedge funds, and funds-of-hedge funds.

Magellan Health Inc.

Magellan Health provides managed care services for some of the areas of healthcare. The company provides services to health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. The company operates the following segments: Healthcare, which consists of the following reporting units, Behavioral and Specialty Health, and Magellan Complete Care; and Pharmacy Management, which is comprised of services that provide clinical and financial management of pharmaceuticals paid under both the medical and the pharmacy benefit.

McDermott International Inc.

McDermott International is a provider of engineering, procurement, construction and installation and technology solutions to the energy industry. The company designs and builds end-to-end infrastructure and technology solutions to transport and transform oil and gas into a variety of products. The company's proprietary technologies and solutions are utilized for offshore, subsea, power, liquefied natural gas and downstream energy projects around the world. The company's business is organized into five operating groups, which represent its reportable segments, consisting of: North, Central and South America; Europe, Africa, Russia and Caspian; the Middle East and North Africa; Asia Pacific; and Technology.

Mercury Systems Inc.

Mercury Systems is a commercial provider of sensor and safety processing subsystems. The company delivers solutions for a range of aerospace, commercial aviation, defense and intelligence programs. The company's products and solutions have been deployed in various programs with different defense prime contractors. The company's technologies and capabilities include embedded processing modules and subsystems, mission computers, rack-mount servers, avionics, radio frequency components, multi-function assemblies and subsystems. The company delivers subsystem level engineering capability and ongoing systems integration services to the subsystem market within the defense embedded electronics market segment.

Moog Inc. Class A

Moog designs, manufactures and integrates precision motion and fluid controls and controls systems. Co. has four segments: Aircraft Controls, which provides flight controls for military and commercial aircraft; Space and Defense Controls, which provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance and other defense applications; Industrial Systems, which serves a customer base across a range of markets including the industrial automation market; and Components, with product categories including slip rings and fiber optic rotary joints, motors, and infusion and enteral pumps and associated sets.

Motorcar Parts of America Inc.

Motorcar Parts of America is a supplier of automotive aftermarket non-discretionary replacement parts and diagnostic equipment. The company's non-discretionary replacement parts are sold to automotive retail chain stores and warehouse distributors throughout North America and to main automobile manufacturers for both their aftermarket programs and warranty replacement programs. The company's hard parts portfolio includes: rotating electrical products such as alternators and starters, wheel hub assemblies and bearings, and brake master cylinders. The company's diagnostic equipment portfolio includes: bench top alternator and starter testing, production alternator and starter, and alternator and starter endurance.

Power Integrations Inc.

Power Integrations designs, develops and markets analog and mixed-signal integrated circuits and other electronic components and circuitry used in high-voltage power conversion. The company's products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. In most cases, this conversion entails, among other functions, converting alternating current (AC) to direct current (DC) or vice versa, reducing or increasing the voltage, and regulating the output voltage and/or current according to the customer's specifications. The company's products are AC-DC power conversion, High-voltage gate drivers, and Motor-driver products.

Progenics Pharmaceuticals Inc.

Progenics Pharmaceuticals is an oncology company focused on the development and commercialization of medicines and artificial intelligence to find, fight and follow cancer. The company's product candidates include: AZEDRA, which is a radiotherapeutic for the treatment of adult and pediatric patients 12 years and older with iobenguane scan positive or metastatic pheochromocytoma or paraganglioma who require systemic anticancer therapy; and PyL?, which is a fluorinated prostate-specific membrane antigen-targeted PET imaging agent that enables visualization of both bone and soft tissue metastases to determine the presence or absence of recurrent and/or metastatic prostate cancer.

SEACOR Holdings Inc.

SEACOR Holdings is a holding company with interests in domestic and international transportation and logistics, risk management consultancy and other businesses. The company has four segments: Ocean Transportation and Logistics Services, which owns and operates a fleet of bulk transportation, port and infrastructure, and logistics assets; Inland Transportation and Logistics Services, which provides customer supply chain solutions; Witt O'Brien's, LLC, which provides crisis and emergency management services for both the public and private sectors; and Other, which includes the activity of its subsidiary, CLEANCOR Energy Solutions LLC, and noncontrolling investments in various other businesses.

Shake Shack Inc. Class A

Shake Shack is a roadside burger stand serving an American menu of burgers, hot dogs, crispy chicken, frozen custard, crinkle cut fries, shakes, beer, wine and others. The company operates and licenses Shake Shack restaurants. The company's menu include: Burgers & Chicken, which includes the SmokeShack?, 'Shroom Burger? (Co.'s vegetarian burger), Shack Stack? and Hamburger, as well as Chick'n Shack?; Crinkle Cut Fries, which are made from Yukon potatoes; Hot Dogs, which includes beef hot dogs and chicken dogs; Frozen Custard, which is made from vanilla and chocolate recipes and milk; Beer, Wine and Beverages, which provides local craft beers; and Dogs Are Welcome Too, which provides dog biscuits.

SPX Flow Inc.

SPX Flow operates in two business segments, Food and Beverage and Industrial. The Food and Beverage segment operates in a regulated, global industry with customers who demand engineered, process solutions. Key products for the segment include homogenizers, pumps, valves, separators and heat exchangers. The Industrial segment primarily serves customers in the chemical, air treatment, mining, pharmaceutical, marine, shipbuilding, infrastructure construction, general industrial and water treatment industries. Key products for the segment are air dryers, filtration equipment, mixers, pumps, hydraulic technologies and heat exchangers.

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.

Valley National Bancorp

Valley National Bancorp is a bank holding company. Through its principal subsidiary, Valley National Bank (the Bank), the company provides a suite of banking solutions through various commercial, retail, insurance and wealth management financial services products. The Bank provides a variety of banking services including automated teller machines, telephone and internet banking, remote deposit capture, overdraft facilities, drive-in and night deposit services, and safe deposit facilities. In addition, certain international banking services are available to customers including standby letters of credit, documentary letters of credit and related products, and certain ancillary services.

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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