reports
- Dave Nicoski
- Ross LaDuke
Vermilion Compass: Weekly Equity Strategy
More Downside to Lead to Buying Opportunity? Market dynamics remain largely bearish and unchanged, and we are sticking with our call that breaks of supports (3910 on S&P 500, $177.50 on IWM, and $279 on QQQ, all broken on Dec. 15) are likely to result in a test of the 2022 lows. The Nasdaq 100 (QQQ) is already testing its 2022 lows, but the S&P 500 and Russell 2000 (IWM) are still 6-9% above their 2022 lows. Depending on how the market responds to its 2022 lows, that could be a better area to i...
NG. NOVAGOLD RESOURCES INC.
LYG.. LLOYDS BANKING GROUP PLC ADS
CFSL COCA-COLA FEMSA SAB DE CV (ADR)
PU6D HSBC HOLDINGS (ADR)
BCS BARCLAYS PLC ADS
AGI. ALAMOS GOLD INC.
AKOB EMBOTELLADORA ANDINA S.A. SERIES B ADS
IMG. IAMGOLD CORPORATION
NWG NATWEST GROUP PLC
MX MAGNACHIP SEMICONDUCTOR CORP.
BBV.. BANCO BILBAO VIZCAYA ARGENTARIA S.A. SPONSORED ADR
SAN. BANCO SANTANDER S.A. ADS
MUX MCEWEN MINING INC.
- Dave Nicoski
- Ross LaDuke
Vermilion Short Shots: Technically Vulnerable Stocks
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
COP CONOCOPHILLIPS
BSX BOSTON SCIENTIFIC CORPORATION
EFX EQUIFAX INC.
VMW VMWARE INC. CLASS A
C CITIGROUP INC.
WFC WELLS FARGO & COMPANY
TOT.N TOTAL SE
LL LUMBER LIQUIDATORS HOLDINGS INC.
CFSL COCA-COLA FEMSA SAB DE CV (ADR)
INTC INTEL CORPORATION
FANG DIAMONDBACK ENERGY INC.
EQR EQUITY RESIDENTIAL
CVX CHEVRON CORPORATION
CRS CARPENTER TECHNOLOGY CORPORATION
CME CME GROUP INC. CLASS A
BXP BOSTON PROPERTIES INC.
BIIB BIOGEN INC.
BEN FRANKLIN RESOURCES INC.
AVB AVALONBAY COMMUNITIES INC.
AJRD AEROJET ROCKETDYNE HOLDINGS INC.
AAT AMERICAN ASSETS TRUST INC.
AWI ARMSTRONG WORLD INDUSTRIES INC.
ENB. ENBRIDGE INC.
CW CURTISS-WRIGHT CORPORATION
NPWA SMITH & NEPHEW PLC
AXP AMERICAN EXPRESS COMPANY
HFC HOLLYFRONTIER CORPORATION
NVS.. NOVARTIS AG ADS
PRU2 PRUDENTIAL PLC
WAB WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION
TEC TECHNIPFMC PLC
PM PHILIP MORRIS INTERNATIONAL INC.
CTXS CITRIX SYSTEMS INC.
SAN. BANCO SANTANDER S.A. ADS
GS7A GLAXOSMITHKLINE PLC (ADR)
STRA STRATEGIC EDUCATION INC.
GIB.A CGI INC. CLASS A
PSN PARSONS
LHX L3HARRIS TECHNOLOGIES INC
RTX RAYTHEON TECHNOLOGIES CORP.
- Sonia Vora
- Sonia Vora
- Sonia Vora
Morningstar | Coca-Cola Femsa Should Be Able to Leverage Its Pricing P...
Coca-Cola Femsa is the largest franchise bottler by volume of Coca-Cola, with operations in Mexico, Central America, and South America. We believe the firm benefits from Coca-Cola’s substantial brand equity and the vast distribution network of parent company Femsa, which have allowed it to generate returns on invested capital averaging in the low double digits over the past decade, above our 9% cost of capital estimate. While we think the firm’s exposure to macroeconomic uncertainty in these...
- Sonia Vora
Coca-Cola Femsa Should Be Able to Leverage Its Pricing Power to Mitiga...
Coca-Cola Femsa posted solid top-line performance in the first quarter, with revenue up 4.8% (versus our 4.6% full-year estimate) on a 2.5% increase in average price per unit case. The firm's ability to flex pricing in most regions to help offset ongoing macroeconomic and currency headwinds suggests that its brand equity, which forms the basis of our narrow moat rating, remains healthy. However, profitability remains hampered by cost pressures, including an increase in concentrate costs in Mexic...
- Sonia Vora
Morningstar | Coca-Cola Femsa's Pricing Strong in 1Q, but Macroeconomi...
Coca-Cola Femsa posted solid top-line performance in the first quarter, with revenue up 4.8% (versus our 4.6% full-year estimate) on a 2.5% increase in average price per unit case. The firm's ability to flex pricing in most regions to help offset ongoing macroeconomic and currency headwinds suggests that its brand equity, which forms the basis of our narrow moat rating, remains healthy. However, profitability remains hampered by cost pressures, including an increase in concentrate costs in Mexic...
- Sonia Vora
Coca-Cola Femsa's Pricing Strong in 1Q, but Macroeconomic Challenges P...
Coca-Cola Femsa posted solid top-line performance in the first quarter, with revenue up 4.8% (versus our 4.6% full-year estimate) on a 2.5% increase in average price per unit case. The firm's ability to flex pricing in most regions to help offset ongoing macroeconomic and currency headwinds suggests that its brand equity, which forms the basis of our narrow moat rating, remains healthy. However, profitability remains hampered by cost pressures, including an increase in concentrate costs in Mexic...
- Sonia Vora
Morningstar | Coca-Cola Femsa’s Brand Strength Should Help It Endure...
Coca-Cola Femsa is the largest franchise bottler by volume of Coca-Cola, with operations in Mexico, Central America, South America, and the Philippines. We believe the firm benefits from Coca-Cola’s substantial brand equity and the vast distribution network of parent company Femsa, which have allowed it to generate returns on invested capital averaging in the low double digits over the past decade, above our 9% cost of capital estimate. While we think the firm’s exposure to macroeconomic unc...
- Sonia Vora
Coca-Cola Femsa’s Brand Strength Should Help It Endure Near-Term Cos...
Narrow-moat Coca-Cola Femsa ended its year on solid footing, with full-year comparable revenue growth of 5.9% (slightly above our roughly 5% estimate) driven by continued strength in the firm’s core Mexico and Central America region (55% of sales). Profitability outpaced our expectations, with gross margin expanding 40 basis points to 46% and operating margin holding steady around 13.5%, versus our estimates of 45% and 11.8%, respectively. This was largely due to pricing ahead of inflation in ...
- Sonia Vora
Morningstar | Coca-Cola Femsa Maintains Solid Pricing and Stable Margi...
Narrow-moat Coca-Cola Femsa ended its year on solid footing, with full-year comparable revenue growth of 5.9% (slightly above our roughly 5% estimate) driven by continued strength in the firm’s core Mexico and Central America region (55% of sales). Profitability outpaced our expectations, with gross margin expanding 40 basis points to 46% and operating margin holding steady around 13.5%, versus our estimates of 45% and 11.8%, respectively. This was largely due to pricing ahead of inflation in ...
- Sonia Vora
Coca-Cola Femsa Maintains Solid Pricing and Stable Margins in 4Q; Shar...
Narrow-moat Coca-Cola Femsa ended its year on solid footing, with full-year comparable revenue growth of 5.9% (slightly above our roughly 5% estimate) driven by continued strength in the firm’s core Mexico and Central America region (55% of sales). Profitability outpaced our expectations, with gross margin expanding 40 basis points to 46% and operating margin holding steady around 13.5%, versus our estimates of 45% and 11.8%, respectively. This was largely due to pricing ahead of inflation in ...
- Sonia Vora
Morningstar | We think Coca-Cola Femsa's brand strength should help it...
Coca-Cola Femsa is the largest franchise bottler by volume of Coca-Cola, with operations in Mexico, Central America, South America, and the Philippines. We believe the firm benefits from Coca-Cola’s substantial brand equity and the vast distribution network of parent company Femsa, which have allowed it to generate returns on invested capital averaging in the low double digits over the past decade, above our 9% cost of capital estimate. While we think the firm’s exposure to macroeconomic unc...
- Sonia Vora
We think Coca-Cola Femsa's brand strength should help it endure near-t...
In our view, Coca-Cola Femsa's third-quarter results provided further evidence of its strong brand equity (which underpins our narrow-moat rating), as cola volumes grew across all of its geographies (transactions up 3% in total), and pricing in the core Mexico and Central America segment (nearly 60% of revenue this quarter) remained robust. While the challenging macroeconomic environment in parts of South America remains a source of uncertainty, with inflation in Argentina amounting to 29% year-...
- Sonia Vora
Morningstar | Coca-Cola Femsa's 3Q Results Reflect Brand Strength in C...
In our view, Coca-Cola Femsa's third-quarter results provided further evidence of its strong brand equity (which underpins our narrow-moat rating), as cola volumes grew across all of its geographies (transactions up 3% in total), and pricing in the core Mexico and Central America segment (nearly 60% of revenue this quarter) remained robust. While the challenging macroeconomic environment in parts of South America remains a source of uncertainty, with inflation in Argentina amounting to 29% year-...
- Sonia Vora
Coca-Cola Femsa's 3Q Results Reflect Brand Strength in Core Mexico Mar...
In our view, Coca-Cola Femsa's third-quarter results provided further evidence of its strong brand equity (which underpins our narrow-moat rating), as cola volumes grew across all of its geographies (transactions up 3% in total), and pricing in the core Mexico and Central America segment (nearly 60% of revenue this quarter) remained robust. While the challenging macroeconomic environment in parts of South America remains a source of uncertainty, with inflation in Argentina amounting to 29% year-...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.