Pet Center Comercio (PCC) is Brazil’s largest pet retailer. The company operates
120 stores and an ecommerce website. PCC seeks to provide a ‘one-stop shop’
experience; its stores have veterinary clinics, pet grooming stations, and
adoption centers built within them. They are 1K square meters on average and
retail 8K–12K SKUs.
Author: admin
Dino Polska
Dino Polska sells food products through its network of Dino supermarket stores.
It operates 1,473 stores located mostly in western Poland, with a total selling
area of 573K square meters.
Q4 revenue by product category: Dry food, beverages, alcohol and tobacco,
49%; fresh food, 38%; non-food, 13%.
Won Europe Today
We released our weekly Global Laggards Report yesterday (please click here to access the report). The stocks highlighted in this report 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. European names highlighted this week include Vonovia (Xet) (VNAX.DE; VNA:GR), Unilever (ULVR.GB; ULVR:LN), Swedish Match (SWMA.SE; SWMA:SS), Idorsia (IDIA.CH; IDIA:SW), and Ams (AMS.CH; AMS:SW).
Won Global View
The U.S. market remains in a Rally Attempt. The S&P 500 was unable to close above the prior intraday high of 3,950, pulling back to
close mid-range on the session. The Nasdaq, despite very strong gains and narrowly recapturing its 50-DMA, did not close with volume
above Wednesday’s session, negating a potential Day 5 follow-through. Going forward, we will be looking for the S&P 500 to close above
3,950 or for either index to stage a follow-through day before upgrading the market status back to a Confirmed Uptrend.
Won Global View
The U.S. market remains in a Rally Attempt. The S&P 500 continues to grind higher and is less than 1% off all-time highs, while the Nasdaq pulled back ahead of resistance at its 50-DMA. Both indices will stay in a Rally Attempt by holding above their lows of March 5 but move to a Confirmed Uptrend upon a follow-through day (+1.7% in volume above the prior day) or breaking into all-time highs.
Won Europe Today
Yesterday,
European markets continued to rally for the third straight session boosted by stabilizing interest rates in the U.S. All the markets barring three ended in positive territory but none recorded a distribution day. We would recommend investors to be patient and wait for stocks to form new bases before turning constructive.
The Stoxx 600 was upgraded to a Confirmed Uptrend after it reclaimed its prior high. It is trading well above its 21- and 50-DMA and 2.7% below its high of 433 last year. On the sectoral front, Auto (+1.08%), Chemicals (+1.79%), and Health Care (+1.03%) led the rise, while Heath Care and Travel & Leisure stocks ended in negative.
Among other major indices, the U.K.’s FTSE ended in the red and is still in an Uptrend Under Pressure. France’s CAC and Germany’s DAX gained, while trading above their 21-DMA and are in a Confirmed Uptrend.
Denmark continued to outperform gaining more than 100bps. Currently, nine out of the 17 markets are in a Confirmed Uptrend.
Among our Focus List names, Imcd Group (IMCD.NL; IMCD:NA) turned actionable as the stock broke out of a stage-four six-week flat base. Dsv Panalpina (DSV.DK; DSV:DC) and Straumann Holding (STMN.CH; STMN:SW) also turned actionable as the stocks broke out from their respective bases.
Other actionable names include Schneider Electric (QT@F.FR; SU:FP) and Teleperformance (ROFR.FR; TEP:FP).
Won Europe Today
Yesterday,
- Markets registered gains for the second consecutive session, with all 17 indices we cover trading in the green. European
markets, with lesser dominance of tech firms, are resilient compared with the U.S. We recommend that investors selectively
add risk and maintain a cautious approach. - The Stoxx 600 gained 0.76% on lower volume, led by Oil & Gas and Utility stocks. This helped counter losses in Mining
stocks. The index remains in an Uptrend Under Pressure with six distribution days. - Among other major indices, France’s CAC, Germany’s DAX, and the U.K.’s FTSE gained on lower volume. France’s CAC and
Germany’s DAX are trading along their 21‐DMA. - Ireland was upgraded to a Confirmed Uptrend as the index reached a new high, while Denmark outperformed gaining more
than 280bps. Eight out of the 17 markets are in a Confirmed Uptrend, with others being in an Uptrend Under Pressure. - Actionable names in the Focus List include Teleperformance (ROFR.FR; TEP:FP) as the stock is breaking out of its cup‐with‐
handle base.
Won Global View
The U.S. market has shifted to a Rally Attempt. The S&P 500 and Nasdaq have held above last week’s lows (S&P 500: 3,723; Nasdaq:
12,397) for three days. A follow-through day (+1.7% in volume above the prior day) above these lows can now upgrade the market back to
a Confirmed Uptrend. Near-term resistance is all-time highs on the S&P 500 (3,950) and the 50-DMA (13,343) on the Nasdaq.
Won Europe Today
Yesterday, we published our Weekly European Summary, click here to access the report. Key points from the report:
- The Stoxx 600 is in an Uptrend Under Pressure with six distributions days. The average number of distribution days in the
region remains elevated at 5.6, versus 6.4 last week. We downgraded Finland, Italy, Belgium, the Netherlands, and
Luxembourg to an Uptrend Under Pressure. Sweden was upgraded to a Confirmed Uptrend after it reached a new high. We
maintain a near‐term cautious approach given the high number of distribution days and extended nature of the index (8%
above its 200‐DMA). - Over the past five days, we removed six stocks from the European Focus List: Neoen (NEOP.FR; NEOEN:FP), Givaudan
(GIVN.CH; GIVN:SW), Ferrari (RACE.IT; RACE:IM), Orsted (DEN.DK; ORSTED:DC), Euronext (ENX.FR; ENX:FP), and Simcorp
(SIM.DK; SIM:DC). Actionable names on the Focus List include Teleperformance (ROFR.FR; TEP:FP). - In this report, we highlight stocks with improving short‐term technical profiles. Actionable names on the list include Autogrill
(AGL.IT; AGL:IM). - We also highlight stocks with downside risk, including Nexans (NXS.FR; NEX:FP) and VAT (VACN.CH; VACN:SW).
Won Global View
The U.S. market is in a Downtrend. The S&P 500 and Nasdaq declined after posting early session gains with Nasdaq constituents under
heavy selling pressure. The S&P 500 is testing its 50-DMA (3,824) followed by support at its rising 100-DMA (3,690), while the Nasdaq is
slightly below its 100-DMA (12,637) followed by price support along ~12,000, which is likely to coincide with its rising 200-DMA.
