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.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Risk-On Rotations vs. Weaker Seasonality We are beginning to see early signs of rotations back into more risk-on areas of the equity market -- a bullish sign for the broad market. Short-term outperformance and constructive consolidation/bottoming patterns are evident within biotech (IBB, XBI), small- and micro-caps (IWM, IWC), and emerging markets (EEM). This only adds to our positive outlook for the weeks and months ahead; continue to buy pullbacks. S&P 500. The S&P 500 remains bullish and is...
The general evaluation of JOHNSON CONTROLS INT (US), a company active in the Electrical Components & Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 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 February 19, 20...
NFLX currently trades above corporate averages relative to Uniform earnings, with a 44.5x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to improve from 24% in 2019 to 31% in 2024, accompanied by 28% Uniform asset growth going forward. Meanwhile, analysts have even more bullish expectations, projecting Uniform ROA to expand to 37% by 2021, accompanied by 8% Uniform asset growth. However, management appears concerned about growth, cash flows, and churn. Curren...
Johnson Controls International plc (JCI:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 19.6x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management may be concerned about OpenBlue, the sustainability of a rebound in profitability, and the air quality market Specifically, management may be concerned about the sustainability of improvement in their Global Products division, and they may lack confidence in t...
Summary Marketline's EMCOR Group, Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by EMCOR Group, Inc. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic a...
Summary Marketline's Nortek, Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Nortek, Inc. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorgan...
URI currently trades below corporate averages relative to Uniform earnings, with a 17.6x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to decline from 9% in 2019 to 5% in 2024, accompanied by 7% Uniform asset growth going forward. Analysts have similar expectations, projecting Uniform ROA to fall to 6% by 2021, accompanied by 1% Uniform asset contraction. Furthermore, management is confident about the market recovery, ROIC, and spending. Current valuations a...
Johnson Controls International plc (JCI:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 24.0x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management may be concerned about margins, North America and EMEA/LA operations, and revenue growth Specifically, management may lack confidence in their ability to continue allocating capex spend aggressively, sustain segment EBITDA margins, and improve their year-over...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
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.
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.
Key Points: • The U.S. dollar is breaking its 16-month uptrend and is declining through its 200-day moving average and Gold is breaking to 6-year price highs. RS appears to be staging a reversal at a support level. (ex. GC00, GDX) • A number of Healthcare Sector names are breaking out or staging reversals. (ex. ITGR, CHE, XRAY, OMCL, MOH, WCG, ARWR, INCY, GILD, VRTX, IQV, MEDP, and CTLT)
Key Points: • A few Consumer Discretionary names continue to act well. The list is thinning of attractive names though. (ex. FOXF, UEIC, DECK, CHDN, WING, YUM, BOOT, RCI, POOL, DLTR, and AAN) • A number of Health Care Sector names are attractive. (ex. MASI, TFX, CNMD, STE, CRVL, LNTH, HAE, COO, WST, RGEN, ANIK, NEO, and TECH) • Attractive Technology and Services names include: MANH, CDNS, ANSS, AGYS, TTEC, CLGX, MMS, and KBR
Key Points: • A number of restaurants are bullishly inflecting, trending up and to the right (ex. JACK, DIN, SHAK, YUM, WING, and MCD) • Auto Parts Retailers and Auto Dealerships continue to be leadership (ex. AZO, ORLY, KMX, LAD) • A number of Technology Sector names have pulled back to support or are leadership in the Sector (ex. UCTT, BRKS, CY, RMBS, XLNX, SLAB, EGHT, SPSC, TTEC, TSS, and PYPL)
Shares of narrow-moat-rated Johnson Controls traded higher on May 1 after the company reported strong fiscal second-quarter results that topped consensus earnings expectations, completed the sale of its power solutions division, and raised its full-year EPS guidance. While Johnson Controls got off to a shaky start after spinning off its automotive seating business (Adient) and merging with Tyco (both in calendar 2016), its financial performance and management’s credibility with investors have ...
Shares of narrow-moat-rated Johnson Controls traded higher on May 1 after the company reported strong fiscal second-quarter results that topped consensus earnings expectations, completed the sale of its power solutions division, and raised its full-year EPS guidance. While Johnson Controls got off to a shaky start after spinning off its automotive seating business (Adient) and merging with Tyco (both in calendar 2016), its financial performance and management’s credibility with investors have ...
Shares of narrow-moat-rated Johnson Controls traded higher on May 1 after the company reported strong fiscal second-quarter results that topped consensus earnings expectations, completed the sale of its power solutions division, and raised its full-year EPS guidance. While Johnson Controls got off to a shaky start after spinning off its automotive seating business (Adient) and merging with Tyco (both in calendar 2016), its financial performance and management’s credibility with investors have ...
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