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.: Freeport McMoRan (FCX), Agnico Eagle Mines (AEM), Dow (DOW), Caterpillar (CAT), Oshkosh Corporation (OSK), Owens Corning (OC), Tri Pointe Homes (TPH), Atkore (ATKR), Toll Brothers (TOL), Adient (ADNT), Service Corp (SCI), Levi Strauss & Co Cl A (LEVI), Vista Outdoor (VSTO), Choice Hotels (CHH), Columbia Sportswear (COLM), Baker Hughes Cl A (BKR), Nabors Industries (NBR), Halliburton (HAL), Tradeweb Markets Cl A (TW), Weyerhaeuser (WY), Inspire Medical Systems (INSP), Waters Corp (WAT), Lithia Motors Cl A (LAD), Signet Jewelers (SIG), Sensata Technologies (ST), Micron Technology (MU), Cognex Corp (CGNX), Akamai Technologies (AKAM), Concentrix Corporation (CNXC), Fortinet (FTNT), American Airlines Group (AAL).

Developed: Orica (ORI.AU, ORI AU), ABB (ABBN.CH; ABBN SW), Melrose Industries (MRO.GB; MRO LN), Dentsu (DENN.JP; 4324 JP), Richemont N (CFR.CH; CFR SW), Galaxy Entertainment Group (PIPE.HK; 27 HK), Oriental Land (ORIE.JP; 4661 JP), Coca-Cola Hbc (Cdi) (CCH.GB; CCH LN), Aia Group (AGP.HK; 1299 HK), Sonae sgps (SON.PT; SON PL).

Emerging: Minor International (RGRT.TH; MINT TB), Korean Air Lines (KAA.KR; 003490 KS).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

Highlighted Charts

U.S.: Eastman chemical (EMN), Boise Cascade Company (BCC), Dover Corp (DOV), Interpublic Group of Cos (IPG), Service Corp (SCI), New York Times (NYT), Sony (SONY), Planet Fitness (PLNT), Ralph Lauren Corp Cl A (RL), Hasbro (HAS), Vista Outdoor (VSTO), Acuity Brands Inc (AYI), Owens Corning (OC), Tri Pointe Homes (TPH), Atkore Inc (ATKR), Toll Brothers (TOL), Lennar Corp (LEN), Tyson Foods (TSN), Coca-Cola Consolidated (COKE), Signature Bank (SBNY), Jones Lang Lasalle (JLL), Inspire Medical Systems (INSP), Tenet Healthcare (THC), Dominos Pizza (DPZ), Seagate (STX), MXL (Maxlinear), Photronics (PLAB), Cognex (CGNX), Wix.Com Ltd (WIX), Fortinet Inc (FTNT), Blackline (BK), XPO logistics (XPO).

Developed: Brenntag (BNRX.DE, BNR GR), Eiffage (FGR.FR; FGR FP), Denso (DE@N.JP; 6902 JP), Whitbread (WTB.GB; WTB LN), Orsted (DEN.DK; ORSTED DC), Sumitomo Realty Development (CK@N.JP.JP, 8830 JP), Tesco (TSCO.GB; TSCO LN), Lawson (LAWS.JP; 2651 JP), Murata Manufacturing (SM@N.JP; 6981 JP), Pacific Basin (PBSH.HK; 2343 HK).

Emerging: Saudi Basic Industries (BIC.SA, SABIC AB), Polski Koncern Naftowy Orlen (PLK.PL; PKN PW), SK Hynix (HYI.KR, 000600 KS).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

Highlighted Charts

U.S.: Arcelor Mittal (MT), Martin Marietta Materials (MLM), Louisiana Pacific Corp (LPX), Boise Cascade Company (BCC), Carrier Global Corp (CARR), Atkore Inc (ATKR), Mohawk Industries (MHK), Stride Inc (LRN), Gentex (GNTX), Aptiv (APTV), Service Corp (SCI), Liberty Broadband (LBRDK), Levi Strauss & Co Cl A (LEVI), Ralph Lauren Corp Cl A (RL), Intl Flavors & Fragrance (IFF), Baker Hughes Cl A (BKR), C M E Group (CME), Laboratory Corp Of Amer (LH), Perkinelmer (PKI), Dominos Pizza (DPZ) Teradyne (TER), Arrow Electronics (ARW), Sensata Technologies (ST), Charter Communications (CHTR), Cable One (CABO), XPO Logistics (XPO).

Developed: Mitsui Chemicals (PC@N.JP, 4183 JP), Epiroc (EPA.SE; EPIA SS), Telefonica (TEF.ES; TEF SM), Accor (AC.FR; AC FP), Whitbread (WTB.GB; WTB LN), Orsted (DEN.DK; ORSTED DC), Baloise Holding (BALN.CH, BALN SW), Nippon Shinyaku (JU@N.JP; 4516 JP), Next (NXT.GB, NXT LN), Westfarmers (WES.AU, WES AU), Qantas Airways (QAN.AU).

Emerging: Suzano On (SUZ.BR, SUZB3 BZ).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

Highlighted Charts

U.S.: Dupont (DD), US Steel (X), Louisiana Pacific Corp (LPX), Sealed Air Corp (SEE), Stride Inc (LRN), Mohawk Industries (MHK), Sonos (SONO), Columbia (COLM), Cedar Fair (FUN), Clorox (CLX), Nabors Industries (NBR), Voya Financial (VOYA), Perkinelmer (PKI), Teleflex (TFX), Universal Health (UHS), SiTime (SITM), Arrow Electronics (ARW), Cable One (CABO), Baidu Inc (BIDU), Charter Communications (CHTR), Teradata Corp (TDC), Tenable Holdings Inc (TENB), Matson (MATX), United Airlines (UAL).

Developed: Brenntag (BNRX.DE, BNR GR), Holcim (HOLN.CH; HOLN SW), Petrochina ‘H’ (PECH.HK; 857 HK), Allianz (ALVX.DE; ALV GR), Nippon Shinyaku (JU@N.JP; 4516 JP), Suzuken (SKEN.JP; 9987 JP), Telefonica (TEF.ES; TEF SM), Cosco Shipping (COSC.HK; 1919 HK).

Emerging: Hyundai Department Store (HDO.KR; 069960 KS), SK Hynix (HYI.KR; 000600 KS).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

 

Highlighted Charts
U.S.: Valvoline (VVV), Louisiana Pacific Corp (LPX), Atkore (ATKR), Hasbro (HAS), Wyndham Hotels & Resorts (WH), Ralph Lauren Corp Cl A (RL), Clorox (CLX), A P A Corp (APA), Schlumberger (SLB), C M E Group (CME), Steris (STE), Omnicell (OMCL), Tractor Supply Company (TSCO), Lithia Motors (LAD), Ii-Vi Incorporated (IIVI), A T & T (T), Cogent Communication Holdings (CCOI), Teradata Corp (TDC), Southwest Airlines (LUV).

 

Developed: AGC (AG@N.JP; 5201 JP), Accor (AC.FR; AC FP), Sega Sammy Holdings (SESA.JP; 6460 JP), Bankinter ‘R’ (BKT.ES; BKT SM), Empire ‘A’ (EMP/A.CA; EMP/A CN), Murata Manufacturing (SM@N.JP; 6981 JP), Qantas Airways (QAN.AU; QAN AU).

 

Emerging: Indorama Ventures (INVX.TH, IVL TB), United Spirits (MLC.IN; UNSP IN), Hyundai Glovis (GLV.KR; 086280 KS).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

 

Highlighted Charts

 

U.S.: Harmony gold (HMY), Interpublic Group of Cos (IPG), Owen Corning (OC), Tri Pointe Homes (TPH), Columbia Sportswear Co (COLM), N O V (NOV), CME Group (CME), Marketaxess Holdings (MKTX), Charles Schwab Corp (SCHW), Stifel Financial Corp (SF), Davita (DVA), Universal Health (UHS), Five Below (FIVE), Tractor Supply Company (TSCO), Lululemon Athletica (LULU),  Teradyne (TER), Palo Alto Networks (PANW), Crowdstrike Holdings (CRWD), Meta Platforms (META),    American Airlines Group (AAL).

 

Developed: Brenntag (BNRX.DE; BNR GR), Ebara (EB@N.JP; 6361 JP), Aena Sme (AENA.ES; AENA SM), Panasonic (MI@N.JP; 6752 JP), Christian Hansen Holding (CHR.DK; CHR DC), Omv (OMV.AT; OMV AV), Henderson Land Development (HELD.HK; 12 HK), Eurofins Scientific (EUF.FR; ERF FP), Royal Philips Koninklije (PHIL.NL; PHIA GK), Supersol (SAE.IL; SAE IT), Ana Holdings (ANAW.JP; 9202 JP).

 

Emerging: United Spirits (MLC.IN; UNSP IN), SK Hynix (HYI.KR; 000600 KS).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

 

Highlighted Charts

 

U.S.: Royal gold (RGLD), Fortive Corporation (FTV), Cedar Fair Lp (FUN),Marriott Vacations Wrld (VAC), Interactive Brokers (IBKR), Sotera Health (SHC), Pool Corp (POOL), Tractor Supply Company (TSCO), Lithia Motors (LAD), T D Synnex (SNX), Chewy (CHWY), Weibo Corp (WB), Delta Air Lines (DAL), American Airlines Group (AAL).

 

Developed: GBL New (GBLN.BE, GBLB BB), Eiffage (FGR.FR; FGR FP), Aena Sme (AENA.ES; AENA SM), Mowi (MHG.NO; MOWI NO), Parex Resources (PXT.CA: PXT CN), Canadian Imperial Bank of Commerce (CM.CA; CM CN), Ucb (UCB.BE; UCB BB), Supersol (SAE.IL; SAE IT), BE Semiconductor (BESI.NL; BESI:NA), Qantas Airways (QAN.AU; QAN AU).

 

Emerging: Samsung Heavy Inds (SMH.KR; 010140 KS), Kangwon Land (KWL.KR; 035250 KS), Thai Oil (THOI.TH; TOP TB), Shoprite (SHPJ.ZA; SHP SJ), Hon Hai Precision Ind. (HON.TW; 2317 TT).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

 

Highlighted Charts

 

U.S.: Eastman Chemical (EMN), Berkshire Hathaway (BRKA), Gentherm (THRM), Owens Corning (OC), Snap On (SNA), Columbia Sportswear (COLM), McCormick & Co (MKC), N O V (NOV), Amer Equity Investment Life (AEL), Sotera Health (SHC), Steris (STE), Applied Industrial Tech (AIT), Lululemon Athletica (LULU), W W Grainger (GWW), Infinera (INFN), Advanced Energy Inds (AEIS), Cyberark Software (CYBR), Dynatrace (DT), Oracle Corp (ORCL), Take-Two Interactive Software (TTWO), Nortonlifelock (NLOK), Weibo Corp. (WB), United Airlines Holdings (UAL).

 

Developed: Incitec Pivot (IPL.AU, IPL AU), Mitsubishi (ZJ@N.JP; 8058 JP), Renault (RENU.FR; RNO FP), Aena Sme (AENA.ES, AENA SM), West Japan Railway (WJR.JP, 9021 JP), Petrochina ‘H’ (PECH.HK; 857 HK), Power Corp of Canada (POW.CA; POW CN), Coloplast B (COL.DK; COLOB DC), Ericsson B (SL@G.SE; ERICB SS), Qantas Airways (QAN.AU; QAN AU).

 

Emerging: L & F (LAF.KR, 066970 KS), Samsung Heavy Industries (SMH.KR; 010140 KS), Bts Group Holdings (TANA.TH, BTS TB), Commercial Bank of Qatar (CBQ.QA; CBQK QD), SM Investments (SNV.PH; SM PM), Korean Air Lines (KAA.KR; 003490 KS).

Global Laggards

Posted on by Cornelio Ash

Attached is the latest Global Laggards report from our analysts.

 

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

 

Highlighted Charts

 

U.S.: PPG Industries (PPG), Moodys Corp (MCO), Tesla (TSLA), Harley Davidson (HOG), Intercontinental Hotels (IHG), Nu Skin Enterprises Inc (NUS), Targa Resources Corp (TRGP), Welltower (WELL), Integer Holdings (ITGR), Trimble (TRMB), Akamai Technologies (AKAM), Atlas Air (AAWW).

 

Developed: Dsm (DSM.NL; DSM NA), Mtu Aero Engines (MTXX.DE; MTX.GR), Dentsu (DENN.JP; 4324 JP), Aena Sme (AENA.ES; AENA SM), Accor(AC.FR; AC FP), Santos (STO.AU; STO AU), Danske Bank (DAB.DK;DANSKE DC), Carrefour (CRFR.FR; CA FP), Nokia (NOK1.FI; NOKIA FH), Sitc International (SIH.HK; 1308 HK).

 

Emerging: Grasim Industries (GSI.IN; GRASIM IN), Banco Bradesco On (DC3.BR; BBDC3 BZ), Jarir Marketing (JMC.SA; JARIR AB).