Author: Cornelio Ash

Cornelio Ash is a senior equity analyst and member of the U.S. Focus List and the Global Focus List Committees, which approves all equity recommendations for developed, emerging, and frontier markets. He is also a lead for the Technology sector and specializes in the Americas region. Cornelio joined the firm in 2005 and received his B.A. in Finance from California State University, Northridge. He holds a Series 65 securities license.

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Axalta Coating Systems (AXTA), Boeing (BA), Tata Motors (TTM), Skechers U S A Cl A (SKX), Hilton Grand Vacations (HGV), Masco Corp (MAS), Anheuser Busch Inbev (BUD), C M E Group (CME), Pinnacle Financial (PNFP), Truist Financial Corp (TFC), Texas Capital Bancshares (TCBI), Marketaxess Holdings (MKTX), Masimo Corp (MASI), Lowe’s Companies (LOW), Copart (CPRT), Seagate Technology (STX), Dynatrace (DT), Concentrix Corporation (CNXC), Black Knight (BKI), Alphabet Cl A (GOOGL), X P O Logistics (XPO).

 

Developed: Stora Enso R (EGR.FI, STERV FH), West Fraser Timber (WFG.CA; WFG CN), Daiwa House Industry (DH@N.JP; 1925 JP), Sega Sammy Holdings (SESA.JP; 6460 JP), Idemitsu Kosan (IDKO.JP; 5019 JP), Ampol (ALD.AU; ALD AU), Metcash (MTS.AU; MTS AU), Cathay Pacific Airways (CATH.HK; 293 HK).

Emerging: Sasol (SOLJ.ZA, SOL SA), The Foschini Group (TFGJ.ZA; TFG SJ), Interglobe Aviation (VGA.IN).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Lyondellbasell (LYB), Newmont (NEM), Nucor (NUE), GFL Environmental Inc (GFL), Mettler Toledo Intl Inc (MTD), TopBuild Corp (BLD), DR Horton (DHI), Builders Firstsource Inc (BLDR), Marriott Vacations Wrld (VAC), Hilton Grand Vacations (HGV), Polaris Inc(PII), Trip.com Group Ltd Adr (TCOM), Oneok (OKE), Solaredge Technologies (SEDG), PNC Financial Services (PNC), Truist Financial Corp (TFC), MKTX (Marketaxess Holdings), Affiliated Managers (AMG), Jones Lang Lasalle (JLL), Idexx Laboratories (IDXX), Ross Stores (ROST), Home Depot (HD), Lowe’s (LOW), Kroger (KR), Sprouts Farmers Market (SFM), Netapp (NTAP), Bumble (BMBL), Dynatrace (DT), Concentrix Corporation (CNXC), Black Knight (BKI), Alaska Air Group (ALK), Saia (SAIA).

 

Developed: Asahi Kasei (AC@N.JP, 3407 JP), Assa Abloy B (ASSB.SE; ASSAB SS), Sega Sammy Holdings (SESA.JP; 6460 JP), Tsingtao Brewery(TSIN.HK), TC Energy (TRP.CA; TRP CN), Canadian Imperial Bank of Commerce (CM.CA; CM CN), Metcash (MTS.AU; MTS AU), Ebos Group (EBOZ.NZ; EBO NZ), Murata Manufacturing (SM@N.JP; 681 JP), Ericsson (SL@G.SE; ERICB SS ), Nordic Semiconductor (NOD.NO; NOD NO), Cathay Pacific Airways (CATH.HK; 293:HK).

 

Emerging: Tata Korean Airlines (KAA.KR; 003490:KS).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts
U.S.: Lithium Americas (LAC), Vulcan Materials (VMC), Roper Technologies (ROP),  Tesla (TSLA), Boyd Gaming Corp (BYD) , Hilton Worldwide Hldgs (HLT), Polaris Inc (PII), Trip.com Group Ltd Adr (TCOM), Colgate Palmolive ( CL), Sunpower Corp (SPWR), Terreno Realty (TRNO), Affiliated Managers Group (AMG), Abiomed (ABMD), Encompass Health Corp (EHC), Yum! Brands (YUM), Sensata Technologies (ST), Take-Two Interactive Software (TTWO), United Airlines (UAL).

 

Developed: Orica (ORI.AU, ORI AU), NGK Insulators (KI@N.JP; 5333 JP), Sega Sammy Holdings (SESA.JP; 6460 JP), Daikin Industries (DA@N.JP; 6367 JP), Nikon (OU@N.JP,  7731 JP), Asahi Group Holdings (ASBR.JP), Idemitsu Kosan (IDKO.JP; 5019 JP), Man Group (EMG.GB; EGB LN), K’s Holdings (GIKS.JP; 8282 JP), Suzuken (SKEN.JP; 9987JP), Kpn Kon (KPN.NL; KPN NA), Murata Manufacturing (SM@N.JP), Yamato (OJ@N.JP, 9064 JP).

Emerging: Tata Steel (TIS.IN, TATA IN), Eva Airways (EAA.TW, 2618 TT).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Quaker Houghton (KWR), Mosaic (MOS), Mettler Toledo (MTD), Aramark (ARMK), Tesla (TSLA), Topgolf Callaway Brands (MODG), TopBuild Corp (BLD), Baker Hughes Cl A (BKR), Flagstar Bancorp (FBC), Hologic (HOLX), Nuvasive (NUVA), Pfizer (PFE), Kroger (KR), Sprouts Farmers Market (SFM), TIMSA (TIMB), American Airlines (AAL).

Developed: Groupe Bruxelles Lambert (GBLN.BE, GBLB BB), West Fraser Timber (WFG.CA; WFG CN), Mazda Motor (KO@N.JP; 7261 JP), Whitbread (WTB.GB; WTB LN), Barry Callebaut (BARN.CH; BARN SW), Danone (BSN.FR; BN FP), Nh Foods (FY@N.JP;2282 JP), TC Energy (TRP.CA; TRP CN), Baloise Holding (BALN.CH; BALN SW), Parkland Corp (PKI.CA; PKI CN), Kpn Kon (KPN.NL; KPN NA), Murata Manufacturing (SM@N.JP; 6981 JP).

Emerging: Sasol (SOLJ.ZA, SOL SJ), Housing Development (HDF.IN; HDFC IN), Eva Airways (EAA.TW, 2618 TT).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Sandstorm Gold (SAND), Factset Research (FDS), Teledyne Tech (TDY), General Electric (GE), Moodys Corp (MCO), Textron (TXT), Interpublic Group of Cos (IPG), General Motors Company (GM), Marriott Vacation World (VAC), M S G Sports Corporation (MSGS), Hilton Worldwide Holdings (HLT), Altria Group (MO), Kimberly-Clark Corp (KMB), Patterson-Uti Energy (PTEN), Schlumberger (SLB), KKR & Co (KKR), Intercontinental Exchange (ICE), PNC Financial Svcs Grp (PNC), Mr. Cooper Group (COOP), Masimo Corp (MASI), Ollie’s Bargain Outlet (OLLI), National Vision Holdings (EYE), Apple (AAPL), Broadcom (AVGO), Qualcomm (QCOM), Dolby Laboratories (DLB), Amphenol Corp Cl A (APH), Sentinelone (S), United Airlines Holdings (UAL), Frontier Group Holdings (ULCC).

Developed: Mitsui Chemicals (PC@N.JP, 4183 JP), Fanuc (DU@N.JP; 6954 JP), Galp Energia Sgps (GES.PT; GALP PL), Power Corp. Canada (POW.CA; POW CN), Eagers Automotive (APE.AU; APE AU), Kpn Kon (KPN.NL; KPN NA).

Emerging: Indorama Ventures (INVX.TH, IVL TB), Cencosud (CNS.CL; CENCOSUD CI).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Axalta Coating Systems (AXTA), Teck Resources (TECK), Univar Solutions (UNVR)  Moodys Corp (MCO), AGCO Corp (AGCO), Crown Holding (CCK), Woodward Inc (WWD), Berkshire Hathaway Cl b (BRKB), Lennox International Inc (LII), Mettler Toledo (MTD), Owen Corning (OC), Ford (F), General Motors (GM), TPR(Tapestry), Hasbro(HSR), Live Nation Entertainment(LYV), Wyndham Hotels & Resorts(WH), Hilton Grand Vacations(HGV), Middleboy Corporation(MIDD), Marriott Vacations(VAC), New York Times (NYT),  Ecolab(ECL), Clorox(CLX) Nabors Industries (NBR), Halliburton (HAL), Callon Petroleum (CPE), Wells Fargo (WFC), I C U Medical (ICUI),  Amazon (AMZN), Sensata Technologies Holding (ST), Cisco System (CSCO),  Blackline (BL), Dynatrace (DT), Take Two Interactive (TTWO), ServiceNow (NOW), Alphabet (GOOGL),  XPO Logistics (XPO).

 

Developed: Orica (ORI.AU; ORI AU), West Fraser timber (WFG.CA, WFG CN), Kpn Kon (KPN.NL; KPN NA), Sega Sammy Holdings (SESA.JP; 6460 JP), Ampol (ALD.AU; ALD AU), AIA Group (AGP.HK; 1299 HK), Nippon Shinyaku (JU@N.JP;  4516 JP), Parkland Corp (PKI.CA; PKI CN), Nippon Express Holdings (NX@N.JP; 9147:JP).

Emerging: Sasol (SOLJ.ZA; SOL SJ), Sm Investments (SNV.PH; SM PM).

 

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Alcoa (AA), Nucor (NUE), Valvoline (VVV), US Steel (X), Eagle Materials (EXP), Olin Corp (OLN), Moodys Corp (MCO), S&P Global (SPGI), Owens Corning (OC),  Fortune Brands (FBHS), Atkore (ATKR), Ralph Lauren (RL), Sensient Technologies (SXT), Baker Hughes Cl A (BKR), Tradeweb Markets (TW), Equifax Inc (EFX), First Republic Bank (FRC), Laboratory Corporation of America (LH), Livanova (LIVN), Lithia Motors Cl A (LAD), Burlington Stores (BURL), Sensata Technologies Holding (ST), Cognex Corp (CGNX), Spotify (SPOT), Alphabet (GOOGL), Cisco System (CSCO), Verisign (VRSN), New Relic, (NEWR), Bentley Systems (BSY), Oracle (ORCL), XPO Logistics (XPO), Expeditors International Wash (EXPD).

Developed: Henkel (HEN3X.DE, HEN3 GR), Trelleborg (TT@G.SE; TRELB SS), Sega Sammy Holdings (SESA.JP; 6460 JP), Aena Sme (AENA.ES, AENA SM), Mowi (MHG.NO, MOWI NO), Sun Life Financial (SLF.CA; SLF CN), Smith & Nephew (SN.GB; SN LN), Sonae sgps (SON.PT; SON PL).
Emerging: Cosan Industria E Comercio On (COS.BR; CSAN3 BZ).