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.: Grace W R and Co ( GRA ), Regal Beloit Corp ( RBC ), New York Times ( NYT ), Scientific Games ( SGMS ), M R C Global Inc ( MRC ), Umpqua Holdings ( UMPQ ), Encompass Health ( EHC ), Bloomin’ Brands ( BLMN ), Sprouts Farmer Market ( SFM ), Maxim ( MXIM ), Instructure Inc ( INST ), Kirby Corporation ( KEX ), Tesla ( TSLA ), Norwegian Cruise ( NCLH ).

 

Developed: ISS A/S ( ISS.DK ; ISS DC ), Skf B ( SKFB.SE; SKFB SS ), Obayashi ( OB@N.JP; 1802 JP ), ACS Actividades ( ACS.ES; ACS SM ), Michelin ( MCL.FR; ML FP ), Central Japan railway ( JRCE.JP; 9022 JP ), Erste Group Bank ( ERS.AT; EBS AV ), Astellas Pharma ( YP@N.JP; 4503 JP ), Kering ( KER.FR; KER FP ), Fujifilm Holdings ( FP@N.JP; 4901 JP ).

Aug 08, 2019 – What’s driving cybersecurity higher?

Posted on by Cornelio Ash

Cybersecurity (+36% year-to-date) has been among the best performing groups in Software (+21%) in 2019. However, we believe this trend will persist due to multiple catalysts that will drive the group through 2019 and into 2020. Tune in to this week’s webinar to hear Director, Research Analyst Cornelio Ash discuss what’s driving Cybersecurity higher and which stocks should be at the top of your list.

Global Technology Sector–Cybersecurity Overview

Posted on by Cornelio Ash

Key points from the report:

  • Annual global spending on cybersecurity software is poised to increase 50% over the next four years, from $114B in 2018 to $170B in 2022, a four-year CAGR of 11%.
  • Multiple catalysts are driving the increase in cybersecurity spending. We have identified 11 stocks that are gaining market share due to accelerating growth ( >+20% ) in billings or customer accounts.
  • We believe the Cybersecurity group’s ( +36% year-to-date ) strong performance will persist through 2019 and into 2020.

Amazon

Posted on by Cornelio Ash

Key Points:

 

  • Reiterating buy recommendation. The stock is breaking out from a 44-week cup-with-handle consolidation. Look for upside volume to increase as the stock moves through the pivot. Support is the rising 50-DMA.
  • Fundamental ratings: EPS Rank of 99, Composite Rating of 97, and SMR Rating of A.
  • Technical ratings: RS line has turned higher and approaching all-time highs, RS Rating of 81, and A/D Rating of C+.