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

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.: Minerals Technologies (MTX), API Group Corp (APG), Mastec Inc (MTZ),     Acuity Brands Inc (AYI), Brookfield Asset Management (BAM), Jones Lang Lasalle Inc (JLL), Nasdaq (NDAQ), Perkinelmer (PKI), Ritchie Bros Auctioneers (RBA),    Qorvo (QRVO), Ciena Corporation (CIEN), Endava PLC (DAVA),Match Group (MTCH), Charter Communications (CHTR), X P O Logistics (XPO).

 

Developed: Wienerberger (WNBA.AT; WIE AV), Koninklijke Vopak (VPK.NL; VPK NA),     Julius Baer Gruppe (BAER.CH; BAER SW), Biomerieux (BIM.FR; BIM FP), Fnac Darty (FNAC.FR; FNAC FP), Sitc International Holdings (SIH.HK; 1308 HK).

 

Emerging: Yanbu National Petrochemical (YNP.SA, YANSAB AB), Bts Group (TANA.TH; BTS TB), Britannia (BRI.IN; BRIT IN), Formosa Petrochemical (FPC.TW; 6505 TT), PKO Bank (PKB.PL; PKO PL), Falabella Saci (FAL.CL ; FALAB CI), Mediatek (MDT.TW; 2454 TT), SK Hynix (HYI.KR; 000660 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), Mettler Toledo International (MTD), Illinois Tool Works (ITW), A M N Health services (AMN), R B C Bearings (ROLL), Amerco (UHAL), Aptiv (APTV), Intercontinental Hotels(IHG), U G I Corp Holding (UGI), Affiliated Managers Grp (AMG), K K R & Co Inc Cl A (KKR), Brookfield Asset Mgmt A (BAM), Jones Lang Lasalle Inc (JLL), C B R E Group (CBRE), Agilent (A), Perkinelmer (PKI), Ritchie Bros Auctioneers (RBA), T D Synnex (SNX), Ciena (CIEN), Meta Platforms (FB), Netflix Inc (NFLX), Bill.com Holdings (BILL), Endava PLC (DAVA), X P O Logistics (XPO).

 

Developed: JSR Corporation (JASR.JP, 4185 JP), Nippon Elec. Glass (LO@N.JP; 5214 JP), Abb (ABBN.CH; ABBN SW), BMW (BMWX.DE; BMW GR), Moncler(MONC.IT; MONC IM), Whitbread(WTB.GB;WTB LN), Sofina (SOF.BE; SOF BB), Carl Zeiss (AFXX.DE; AFX GR), Electrolux Professional (ELPB.SE; EPROB SS), Cosco Shipping Holdings ‘H’ (COSC.HK; 1919 HK).

 

Emerging: Emami (EML.IN; HMN IN), Thai Union Group (TUFP.TH; TU TB), Irpc (TPI.TH; IRPC TB), Gigabyte Technology (GBT.TW; 2376 TT), Wipro (WIP.IN; WPRO IN).

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.: Ingevity Corporation (NGVT), Eagle Materials (EXP), Emcor group Inc (EME), Mettler Toledo International (MTD), Mastec (MTZ), A M N Healthcare Services (AMN), R B C Bearings (ROLL), Amerco (UHAL), Borgwarner (BWA), General Motors Company (GM), Advanced Drainage Systems (WMS), M G M Resorts International (MGM), Hain Celestial Group (HAIN), World Fuel Services Corp (INT), Freedom Holding Corp (FRHC), CBRE Group (CBRE), Affiliated Managers Group (AMG), Essent Group (ESNT), KKR & Co. (KKR), Omnicell (OMCL), Perkinelmer (PKI), Fulgent Genetics (FLGT), Amazon.com (AMZN), T D Synnex (SNX), Abercrombie & Fitch (ANF), Ciena Corporation (CIEN), Qorvo (QRVO), Bill.com Holdings (BILL), Endava (DAVA), Meta Platforms (FB), Werner Enterprises (WERN).

 

Developed: Clariant (CLN.CH, CLN SW), Kyocera (CQ@N.JP; 6971 JP), Abb (ABBN.CH; ABBN SW), Burberry Group (BRBY.GB; BRBY LN), Accor (AC.FR; AC FP), Dcc (DCC.GB; DCC LN), Medibank Private (MPL.AU; MPL AU), Sonic Healthcare (SHL.AU; SHL AU), The Swatch Group (UHRN.CH; UHRN SW), Gmo Internet (TERQ.JP; 9449 JP), Air Canada (AC.CA; AC CN).

Emerging: Britannia Industries (BRI.IN; BRIT.IN), Silergy (SGY.TW; 6415 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.: Axalta Coating Systems (AXTA), Eagle Materials (EXP), Emcor group Inc (EME), Oshkosh Corporation (OSK), Mettler Toledo International (MTD), Top Build (BLD), Armstrong World (AWI), Tri Pointe Homes (TPH), Brunswick Corp(BC),  Hasbro Inc(HAS),  Middleby Corp (MIDD), Marriott Vacations Wrld (VAC), U G I Corp Holding (UGI), Flagstar Bancorp (FBC), First Finl Bankshares (FFIN), Jones Lang Lasalle (JLL), Houlihan Lokey (HLI), Bruker (BRKR), Globus Medical (GMED), Insulet (PODD), Floor and Decor (FND), Sensata Technologies (ST), Ciena (CIEN), PTC Inc (PTC).

 

Developed: Zeon (JG@N.JP, 4205 JP), Holcim (HOLN.CH; HOLN SW), WPP (WPP.GB; WPP LN), Vonovia (VNAX.DE; VNA GR), Whitbread (WTB.GB, WTB LN),  Hermes (RMS.FR, RMS FP), Aristocrat Leisure(ALL.AU, ALL AU), Flat Glass Group ‘H’ (FLAT.HK; 6865 HK), Hong Kong Land Holdings (HKLH.SG; HKL SP), Getinge B (GIND.SE; GETIB SS), The Swatch Group (UHRN.CH; UHRN SW), Deutsche Post (Xet) (DPWX.DE; DPW GR), Ryanair Holdings (RYA.IE; RYA ID).

 

Emerging: Charoen Pokphand Foods (CPFT.TH, CPF TB), BTS Group (TANA.TH, BTS TB), Nestle India(NES.IN; NEST IN), Pick N Pay stores (PIKJ.ZA; PIK SJ).

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.: Ingevity Corporation (NGVT), Eagle Materials (EXP), Automatic Data Processing (ADP), AMN Healthcare Services (AMN) Brinks (BCO), Mettler Toledo International (MTD), Sonos (SONO), Brunswick Corp (BC), Oxford Industries (OXM), World Fuel Services Corp (INT), CBOE Global Markets (CBOE), Blackstone (BX), Capital One Financial (COF), Globus Medical (GMED), United natural Foods (UNFI), Signet (SIG),  Sensata Technologies (ST), F 5 (FFIV), Cable One (CABO), Aspen Technology (AZPN), Volaris Aviation Holdings Cl A Ads (VLRS).

 

Developed: Kuraray (RK@N.JP, 3405 JP), Azbil (AZBI.JP; 6845 JP), Legx Immobilien (Xet) (LEGX.DE; LEG GR), Swedish Match (SWMA.SE; SWMA SS), Unilever (Uk) (ULVR.GB; ULVR LN), Omv (OMV.AT; OMV AV), ASX (ASX.AU; ASX AU), Ramsay Health Care (RHC.AU; RHC AU).

 

Emerging: Uni-President Enterprises (PRE.TW; 1216 TT), Hotai Motor (HOT.TW; 2207 TT), Hyundai Rotem (HRO.KR; 064350 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.: Sherwin Williams (SHW), Mettler Toledo (MTD), Masco Corp (MAS), Borgwarner Inc (BWA), Lear Corporation (LEA), Masco Corp (MAS), Constellation Brands A (STZ), Brown Forman (BFB), ELF Beauty (ELF), U G I Corp Holding (UGI), Affiliated Managers (AMG), KKR & Co (KKR), Bruker (BRKR), Bio-Techne (TECH), Signet (SIG), LKQ Corp (LKQ), Silicon Laboratories (SLAB), Ansys Inc (ANSS), Ryanair Holdings (RYAAY).

 

Developed: Sandfire Resources (SFR.AU, SFR AU), WPP (WPP.GB; WPP LN), Sgs ‘N’ (SGSN.CH; SGSN SW), Saint Gobain (SGO.FR; SGO FP), Salvatore Ferragamo (SFER.IT; SFER IM), LVMH (LVMH.FR; MC FP), Husqvarna B (HUSB.SE; HUSQB SS), Whitbread (WTB.GB; WTB LN), Richemont N (CFR.CH; CFR SW), Carlsberg (CAB.DK; CARLB DC), Heineken (HB.NL; HEIA NA), OMV (OMV.AT; OMV AV), Industrivarden C (IUCF.SE; INDUC SS), Cspc Pharmaceutical (CPHA.HK; 1093 HK), Europris (EPR.NO; EPR NO), The Swatch Group(UHRN.CH; UHRN SW), Poste Italiane (PST.IT; PST IM).

 

Emerging: Charoen Pokphand Foods (CPFT.TH, CPF TB), President Chain store (PCS.TW ; 2912 TT), Sino American Silicon Products (SAS.TW; 5483 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.: Axalta Coating Systems (AXTA), Valvoline (VVV), Eagle Materials (EXP), Mettler Toledo (MTD), Terex Corp (TEX), Emcor Group (EME), Dana Inc (DAN), General Motors (GM), Nike (NKE), Whirlpool Corp.(WHR), Brunswick(BC), SONOS (SONO), Constellation Brands A (STZ), Ormat Technologies (ORA), First Citizens Bank (FCNCA), Flagstar Bancorp (FBC), Marsh & Mclennan (MMC), Bruker (BRKR), Qiagen (QGEN), Bio-Techne (TECH), Wingstop (WING), Signet (SIG), T D Synnex (SNX), Jabil (JBL), F5 Networks (FFIV), Mongodb Inc (MDB), Frontier Group Holdings (ULCC).

 

Developed: Outokumpu (OUTO.FI; OUT1V FH), Leg Immobilien (LEGX.DE; LEG GR), ABB (ABBN.CH; ABBN SW), Sony (SO@N.JP; 6758 JP), Michelin (MCL.FR; ML FP), Puma(PUMX.DE; PUM GR), Aristocrat Leisure (ALL.AU; ALL AU), Carlsberg (CAB.DK; CARLB DC), China Longyuan Power Group (CLYU.HK; 916 HK), Amundi (AMUN.FR; AMUN FP), Kyowa Hakko Kirin (KH@N.JP; 4151 JP), Essilorluxottica (EI.FR; EL FP), Rorze (RORZ.JP; 6323 JP), Deutsche Post (DPWX.DE; DPW GR).

 

Emerging: Tata Consumer Products (TEA.IN; TATACONS IN), ICICI Lombard General Insurance (ILG.IN; ICICIG IN), Sino American Silicon Products (SAS.TW; 5483 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.: W D 40 (WDFC), Mettler Toledo (MTD), Genpact (G), Johnson Controls (JCI), Constellation Brands A (STZ), U G I Corporation (UGI), Green Plains (GPRE), Green Dot (GDOT), Primerica (PRI), First Citizens Bank (FCNCA), Waters Corp (WAT), Omnicell (OMCL), Big Lots (BIG), L K Q Corp (LKQ), T D Synnex (SNX), Cohu (COHU), F 5 (FFIV), Jabil (JBL), Akamai Technologies (AKAM), P T C (PTC), Interactive Corp (IAC).

 

Developed: Mineral Resources (MIN.AU, MIN AU), Hitachi (HC@N.JP, 6501 JP), Techtronic Industries (TRON.HK, 699 HK), Vivendi (EX@F.FR; VIV FP), Bandai Namco (N@MB.JP; 7832 JP), Asics (FD@N.JP; 7936 JP), Hermes International (RMS.FR; RMS FP), Puma (Xet) (PUMX.DE; PUM GR), Calbee (CALB.JP; 2229 JP), Standard Life Aberdeen (ABDN.GB; ABDN LN), Nippon Shinyaku (JU@N.JP; 4516 JP), Koninklijke Ahold Delhaize (AD.NL; AD NA), Hexagon B (EKBF.SE; HEXAB SS), Deutsche Post (Xet) (DPWX.DE; DPW GR).
Emerging: Ace hardware Indonesia (ACE.ID; ACES IJ).