Report
Dave Nicoski ...
  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.
Underlyings
Alpha & Omega Semiconductor

Amphastar Pharmaceuticals Inc

Amphastar Pharmaceuticals is a pharmaceutical company focused on developing, manufacturing, marketing and selling generic and injectable, inhalation, and intranasal products, as well as insulin active pharmaceutical ingredient. The company has two reportable segments: finished pharmaceutical products and active pharmaceutical ingredients (API) products. The finished pharmaceutical products segment manufactures, markets and distributes enoxaparin, naloxone, phytonadione, lidocaine, medroxyprogesterone acetate, Primatene? Mist, as well as various other critical and non-critical care drugs. The API segment manufactures and distributes recombinant human insulin API and porcine insulin API.

ARDELYX INC

Ardelyx is a biopharmaceutical company focused on developing medicines for people with cardiorenal diseases. This includes patients with chronic kidney disease (CKD) on dialysis suffering from elevated serum phosphorus; and CKD patients and/or heart failure patients with elevated serum potassium (hyperkalemia).Co.'s product pipeline includes the following: Tenapanor, an approach for the control of serum phosphorus in CKD patients on dialysis; DX013 Program, a small molecule for treating hyperkalemia; and IBSRELA? (tenapanor) a treatment for irritable bowel syndrome with constipation in adults.

Avient Corporation

PolyOne is a provider of polymer materials, services and solutions with operations in engineered materials, composites, color and additive systems and polymer distribution. The company is also a developer and manufacturer of additives, liquid colorants and fluoropolymers and silicone colorants. Co.'s segments include: Color, Additives and Inks, which is a provider of custom color and additive concentrates for thermoplastics, dispersions for thermosets, and specialty inks, plastisols, and vinyl slush molding solutions; and Specialty Engineered Materials, which is a provider of specialty polymer formulations, services and solutions for designers, assemblers and processors of thermoplastic materials.

Beazer Homes USA Inc.

Beazer Homes USA is engaged as a homebuilder. The company's homebuilding operations consist of the design, sale, and construction of single-family and multi-family homes. The company purchases land or obtains an option to purchase land, which, in either case, requires certain site improvements prior to home construction. When available in certain markets, the company also buys finished lots that are ready for home construction. The company has investments with land developers, other homebuilders and financial partners to acquire land positions, to manage its risk profile and to utilize its capital base. The company also acts as the general contractor for the construction of its new home communities.

BJ's Wholesale Club Holdings

BJ's Wholesale Club holding is a holding company. Through its subsidiary, the company is a warehouse club operator. The company delivers value to its members, consistently providing 25% or more savings on a representative basket of manufacturer-branded groceries compared. The company provides a curated assortment focused on perishable products, continuously refreshed general merchandise, gasoline and other ancillary services to deliver a shopping experience. The company operates warehouse club in New York, Florida, Massachusetts, New Jersey, Pennsylvania, Connecticut, Virginia, Maryland, North Carolina, New Hampshire, Ohio, Georgia, Delaware, Maine, Rhode Island and South Carolina.

BlueLinx Holdings

BlueLinx Holdings is a distributor of building and industrial products. The company operates its distribution business through a network of distribution centers. The company serves various metropolitan areas in the U.S. The company distributes products in two principal categories: structural products and specialty products. Structural products include plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood products primarily used for structural support, walls, and flooring in construction projects. Specialty products include engineered wood products, moulding, siding (including vinyl products), cedar, metal products (excluding rebar and remesh) and insulation.

Boise Cascade Co.

Boise Cascade is a wood products manufacturer and building materials distributor. The company's line of products is used primarily in new residential construction, residential repair-and-remodeling projects, light commercial construction, and industrial applications. The company has two reportable segments. The company's Wood Products segment manufactures laminated veneer lumber, I-joists, and laminated beams, which are collectively referred to as engineered wood products (EWP). The company's Building Materials Distribution segment sells a line of building materials, including oriented strand board, plywood, lumber, general line items such as siding, composite decking, metal products, insulation, and roofing, and EWP.

Booking Holdings Inc.

Booking Holdings provides travel and restaurant online reservation and related services. The company's brands include: Booking.com and Rentalcars.com, in which Booking.com provides booking online accommodation reservations, based on room nights booked, and Rentalcars.com provides online rental car reservation services; KAYAK, which provides an online price comparison service; Priceline, which provides consumers hotel, rental car and airline ticket reservation services, and vacation packages and cruises; Agoda, which is an online accommodation reservation service; and OpenTable, which provides online restaurant reservation services to consumers and reservation management services to restaurants.

Castle Brands

Castle Brands develops and markets various brands in the following beverage alcohol categories: rum, whiskey, liqueurs, and vodka. As of Mar 31 2018, the company distributed its products in all 50 U.S. states and the District of Columbia, in 13 primary international markets. The company markets the following brands, among others: Goslings rum?, Goslings Stormy Ginger Beer, Goslings Dark 'n Stormy? ready-to-drink cocktail, Jefferson's? bourbon, Jefferson's Reserve?, Jefferson's Ocean Aged at Sea?, Jefferson's Wine Finish Collection, Jefferson's The Manhattan: Barrel Finished Cocktail, Jefferson's Chef's Collaboration, Jefferson's Wood Experiment, and Jefferson's Presidential Select.

Cato Corporation Class A

Cato is a fashion retailer which operates under the names Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro and Versona. The Cato concept provides fashion apparel and accessories in junior/missy and plus sizes. The Cato concept's stores and e-commerce website feature an assortment of apparel and accessories, including dressy, career, and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry and handbags. The It's Fashion and It's Fashion Metro concepts provide fashion with styles for the family. The Versona concept's stores and e-commerce website provide fashion apparel items, jewelry and accessories. The company also provides its own credit card and layaway plan.

CEVA Inc.

CEVA is a licensor of signal processing platforms and artificial intelligence (AI) processors. The company partners with semiconductor companies and original equipment manufacturers to create devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet-of-Things (IoT).Co.'s portfolio includes platforms for 5G baseband processing for handsets and RAN, end-to-end offerings for cellular IoT, front-end voice and speech recognition software and algorithms along with digital signal processors for voice enabled devices and AI assistants, imaging and computer vision for any camera-enabled device, and a family of self-contained AI processors.

Cimpress Plc

Cimpress is a technology company that aggregates, via the Internet, individually customized orders for a range of print, signage, apparel and similar products. Co. provides its products to market through a portfolio of brands including Vistaprint, its primary brand for micro business marketing products and services, as well as brands that it owns. The combined product assortment across its businesses include offerings in the following product categories: business cards, marketing materials such as flyers and postcards, digital and marketing services, writing instruments, signage, decorated apparel, promotional products and gifts, packaging, textiles and magazines and catalogs.

Coeur Mining Inc.

Coeur Mining is a gold and silver producer, as well as a zinc and lead producer, with mines located in the U.S., Canada, Mexico, and exploration projects in North America. The company operates the Palmarejo complex, and the Rochester, Kensington, Wharf and Silvertip mines. The company's dore, as well as the concentrate product produced by the Wharf mine, is refined into gold and silver bullion and then sells to multi-national banks, bullion trading houses, and refiners across the globe. The company's gold concentrate products from the Kensington mine and the zinc and lead concentrates from the Silvertip mine are sold under a variety of agreements with smelters and traders.

Coherent Inc.

Coherent is a provider of lasers, laser-based technologies and laser-based system solutions in a range of commercial, industrial and scientific applications. The company reporting segments are: OEM Laser Sources (OLS) and Industrial Lasers and Systems (ILS). The company's OLS business segment is focused on laser sources and optical sub-systems primarily used in microelectronics manufacturing, medical diagnostics and therapeutic medical applications, as well as in scientific research. The company's ILS business segment delivers laser sources, sub-systems and tools used for industrial laser materials processing, serving end markets like automotive, machine tool, consumer goods and medical device manufacturing.

Constellation Brands Inc. Class A

Constellation Brands is an international beverage alcohol company. The company is a producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. The company has two segments: Beer, in which the company is engaged in the U.S. beer market that includes the imported, craft, domestic super premium, and alternative beverage alcohol categories and it has the right to import, market and sell these Mexican beer brands in the U.S.; and Wine and Spirits, in which its wine portfolio is supported by grapes purchased from independent growers, primarily in the U.S., New Zealand and Chile, and vineyard holdings in the U.S., New Zealand and Italy.

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.

CURO Group Holdings Corp.

CURO Group Holdings is a finance company serving a range of underbanked consumers in the United States and Canada. The company provides unsecured installment loans, secured installment loans, open-end loans, single-pay loans and a number of ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance in the Canadian market, gold buying, retail installment sales and money transfer services. The company operates in the United States under the Speedy Cash and Rapid Cash brands, as well as under the Avio Credit brand. The company operates in Canada under Cash Money and LendDirect brands, which provides installment loans online and at certain stores.

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.

Eneti Inc.

Scorpio Bulkers is an international shipping company based in Monaco. Co.'s vessels transport a range of major and minor bulk commodities, including ores, coal, grains, and fertilizers, along worldwide shipping routes, and are, or are expected to be, employed primarily in the spot market or in spot market-oriented pools of similarly sized vessels. As of Dec. 31, 2017, Co.'s operating fleet of 56 vessels consists of 55 wholly-owned or finance leased drybulk vessels and one chartered-in drybulk vessel. Co. also has contracts for the construction of 1 newbuilding drybulk vessel.

Evoqua Water Technologies Corp

Evoqua Water Technologies is a holding company. Through its subsidiaries, the company is engaged in providing water treatment solutions, providing services, systems and technologies to support its customers' water lifecycle needs. The company provides a portfolio of differentiated, proprietary technology solutions sold under a number of market and brands. The company serves its customers through two segments: Integrated Solutions and Services, which provides application-specific solutions and lifecycle services for critical water applications; and Applied Product Technologies, which sells differentiated technologies to a set of water treatment system specifiers, integrators and end users globally.

First Horizon Corporation

First Horizon National is a bank holding company. The company provides financial services primarily through its principal subsidiary, First Horizon Bank. The company's business segments include: regional banking, which provides investments, wealth management, financial planning, trust services and asset management, mortgage banking, credit card, and cash management; fixed income, which consists of fixed income securities sales, trading, underwriting, and strategies for institutional clients in the United States and abroad, as well as loan sales, portfolio advisory services, and derivative sales; and non-strategic, which includes run-off consumer lending activities and pre-2009 mortgage banking elements.

G1 Therapeutics

G1 Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of small molecule therapeutics for the treatment of patients with cancer. The company's product pipeline includes three clinical candidates: trilaciclib, a short-acting intravenous cyclin-dependent kinases (CDK) 4/6 inhibitor that preserves hematopoietic stem and progenitor cells and immune system function; lerociclib, an oral CDK4/6 inhibitor that inhibits tumor proliferation and growth; and G1T48, an oral selective estrogen receptor degrader that inhibits estrogen receptor driven tumor proliferation.

General Dynamics Corporation

General Dynamics is an aerospace and defense company. The company has five operating segments: Aerospace, which provides a family of Gulfstream aircraft and services for business aircraft produced by Gulfstream and other original equipment manufacturers; Combat Systems, which provides combat vehicles, weapons systems and munitions; Information Technology, which provides information technology (IT) services, IT infrastructure modernization and professional services; Mission Systems, which provides mission-critical products and systems; and Marine Systems, which designs and builds nuclear-powered submarines, surface combatants, and auxiliary and combat-logistics ships.

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.

Infinera Corporation

Infinera is a supplier of networking solutions comprised of networking equipment, software and services. The company's portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, optical line systems and disaggregated router platforms. Also, the company's product portfolio includes the Infinera DTN-X Family, the Infinera hiT 7300 platform, the Infinera mTera Series, the Infinera 7100 Series, the Infinera 7090 Series, and the Infinera XTM Series, among other. Software products include the Infinera Transcend Software Suite, which includes software-defined networking and network management software, and the company's converged network operating system routing software.

Kellogg Company

Kellogg is engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods. The company's principal products are snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites; and convenience foods, such as, ready-to-eat cereals, frozen waffles, veggie foods and noodles. The company's snacks brands are marketed under brands such as Kellogg's, Cheez-It, Pringles, Austin, Parati, and RXBAR. The company's cereals and cereal bars are generally marketed under the Kellogg's name, with some under the Kashi and Bear Naked brands. The company's frozen foods are marketed under the Eggo and Morningstar Farms brands.

NETGEAR Inc.

Netgear provides networking and Internet connected products to consumers and businesses. The company operates in the following two segments: The Connected Home, which is focused on consumers and consists of 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and Small and Medium Business, which is focused on small and medium-sized businesses and consists of business networking, storage, wireless local area network and security solutions. The company is organized into the following geographic territories: Americas; Europe, Middle-East and Africa and Asia Pacific.

News Corporation Cl B

News Corporation Class A

News is a media and information services company. The company comprises businesses across a range of media, including news and information services, subscription video services in Australia, book publishing and digital real estate services, that are distributed under brands, including The Wall Street Journal, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, Foxtel, FOX SPORTS Australia, realestate.com.au, realtor.com?, talkSPORT and others. The company distributes its content to consumers across platforms consisting of print and television, as well as digital platforms including websites, applications for mobile devices and tablets, social media and e-book devices.

OWENS CORNING

Owens Corning is engaged in manufacturing and delivering a range of insulation, roofing, and fiberglass composite materials. The company's Composites segment includes vertically integrated downstream activities. The company manufactures, fabricates and sells glass reinforcements in the form of fiber. The company's Insulation segment includes a portfolio of high, mid and low-temperature products with a geographic mix of United States, Canada, Europe, Asia-Pacific and Latin America, a market mix of residential, commercial, industrial and other markets, and a channel mix of retail, contractor and distribution. The company's products in the Roofing segment are laminate and strip asphalt roofing shingles.

Phibro Animal Health Corporation Class A

Phibro Animal Health is an animal health and mineral nutrition company. The company develops, manufactures and markets products for a range of food animals including poultry, swine, beef and dairy cattle and aquaculture. The company's products include animal health products such as antibacterials, anticoccidials, nutritional products and vaccines. The company's Animal Health segment also includes antibacterials and other processing aids in the ethanol fermentation industry. The company's mineral nutrition products fortify the animal's diet and help maintain optimal health. The company also manufactures and markets ingredients for use in the personal care, industrial chemical and chemical catalyst industries.

PRA Group Inc.

PRA Group is a financial and business services company with operations in the Americas, Europe, and Australia. The company's business is the purchase, collection and management of portfolios of nonperforming loans. The company purchases portfolios of nonperforming loans in two categories: Core, which focuses on purchasing and collecting nonperforming loans, which it purchased since either the credit grantor and/or other third-party collection agencies have been unsuccessful in collecting the full balance owed; and Insolvency, which consists of purchasing and collecting on nonperforming loan accounts where the customer is involved in a bankruptcy proceeding or the equivalent in some European countries.

Scorpio Tankers Inc.

Six Flags Entertainment Corporation

Six Flags Entertainment is a theme park operator and also an operator of waterparks. The company's parks provide a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The company holds licenses for theme park usage of certain Warner Bros. and DC Comics characters throughout the U.S. (except the Las Vegas metropolitan area), Canada, Mexico and other countries. The company's licenses include the right to sell merchandise featuring the characters at the parks, and to use the characters in its advertising, as walk-around characters and in theming for rides, attractions and retail outlets.

SMART Global Holdings Inc.

SMART Global Holdings is a holding company. Through its subsidiaries, the company is engaged in application product development and support for customers in enterprise, government and original equipment manufacturer markets. In its specialty memory products business, the company designs and manufactures products, technical support and testing services. The company also designs and manufactures embedded and removable Flash memory products in various form factors and capacities incorporated into storage and hybrid memory solutions. Through Penguin Computing Inc., the company provides compute and storage system solutions to customers in financial services, energy, government, social media and education end markets.

Summit Materials Inc. Class A

Summit Materials is a holding company. Through its subsidiaries, the company is a construction materials company. The company produces and sells aggregates, cement, ready-mix concrete, asphalt paving mix and concrete products and owns and operates quarries, sand and gravel pits, cement plants, cement distribution terminals, ready-mix concrete plants, asphalt plants and landfill sites. The company is engaged in paving and related services. The company has operations in various states across the United States and in British Columbia, Canada. The company operates a municipal waste landfill in its East segment, and has construction and demolition debris landfills and liquid asphalt terminal operations in its West and East segments.

United Parcel Service Inc. Class B

United Parcel Service provides transportation services, primarily domestic and international letter and package delivery. The company reports its operations in three segments: United States Domestic Package, which includes the time-definite delivery of letters, documents and packages throughout the United States; International Package, which includes delivery to several countries and territories worldwide, including shipments wholly outside the United States, as well as shipments with either origin or destination outside the United States; and Supply Chain & Freight, which includes the company's Forwarding, Logistics, Coyote, Marken, UPS Mail Innovations, UPS Freight and other aggregated business units.

Vail Resorts Inc.

Vail Resorts is a holding company and operates through various subsidiaries. The company's business segments include: Mountain, which operates various mountain resort properties and three urban ski areas, as well as ancillary services; Lodging, which provides a range of services to guests, including owned and managed lodging properties, managed condominium units, National Park Service concessionaire properties, a resort ground transportation company, and the company-owned mountain resort golf courses; and Real Estate, which includes the sale of land parcels to third-party developers and planning for future real estate development projects, including zoning and acquisition of applicable permits.

Valmont Industries Inc.

Valmont Industries is a global producer of fabricated metal products. The company's segments are: Engineered Support Structures, which engineers and manufactures steel, aluminum, and composite poles and structures to which lighting and traffic control fixtures are attached for a range of outdoor lighting applications; Utility Support Structures, which engineers and manufactures tapered steel, pre-stressed concrete and hybrid structures, and steel lattice structures; Coatings, which provides the following services, including hot-dipped galvanizing, anodizing, powder coating, and e-coating; and Irrigation, which manufactures and distributes mechanical irrigation equipment and related service parts.

Vector Group Ltd.

Vector Group is a holding company. The company is engaged principally in the manufacture and sale of cigarettes in the U.S. through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. subsidiaries; and the real estate business through its New Valley LLC (New Valley) subsidiary. The company's business segments were Tobacco, and Real Estate. The Tobacco segment consists of the manufacture and sale of conventional cigarettes. The Real Estate segment includes the company's investment in New Valley, which includes Douglas Elliman, Escena, Sagaponack and investments in real estate ventures.

WW International Inc.

Weight Watchers International is a wellness company and provider of commercial weight management program. The company's Weight Management Program and Plan is comprised of a range of nutritional, activity, behavioral and lifestyle tools and approaches, and includes its food plan, known as SmartPoints. The company's services and products include meetings conducted by the company and its franchisees, digital offerings provided through its websites, mobile sites and apps, consumer products sold at meetings and through the company's websites, licensed and endorsed products sold in retail channels and magazine subscriptions and other publications. The company provides subscriptions for its plans for meetings and online subscriptions.

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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