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SYNNEX TECHNOL INTL sees an upgrade to Slightly Positive due to a bett...

The general evaluation of SYNNEX TECHNOL INTL (TW), a company active in the Computer Hardware industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 17, 2021, the closing ...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Stay Defensive With Technology, Health Care, Staples Upside momentum continues to wane for global equities, a trend we mentioned in last week's Int'l Compass. In that report we highlighted early signs of lower highs forming in the major global indexes. Price action this week has indeed confirmed lower highs for now in the MSCI ACWI, ACWI ex-US, EAFE, and EM indexes. These lower highs increase the probability for breakdowns and a deeper pullback, but we do not want to get ahead of ourselves. Unt...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

Market share gains driving YoY growth

​1Q16 net income is in line with consensus but op profit beat on better margins. We believe investors will appreciate the decent 2Q/3Q16 guidance. Importantly, its outperforming 1Q16 top line YoY growth due to market share gains supports our view that it continues to benefit from industry consolidation. We recommend investors buy into an undemanding valuation of 9.4x 2016 P/E and 1.1x 2016 P/B with 4.8% div yield. Our new TP of NT$37 implies ~18% upside.

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