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), Jacobs Solutions (J), Columbia Sportswear (COLM), Norwegian Cruise Line (NCLH), International Flavors and Fragrance (IFF), Church & Dwight (CHD), Ally Financial (ALLY), Genedx Holdings (WGS), Target Corp (TGT), Tractor Supply (TSCO), Logitech (LOGI).

Developed: Tenaris (TEN.IT; TEN IM), Rio Tinto (RIO.GB; RIO LN), Alfa Laval (ALF.SE; ALFA SS), Hino Motors (OM@N.JP; 7205 JP), Aak (AAK.SE; AAK SS), Santos (STO.AU; STO AU), China Shenhua Energy (CSHE.HK; 1088 HK), City Developments (CITY.SG; CIT SP), Koninklijke Philips N.V.(PHIL.NL; PHIA GK)

Emerging: Dabur India (DAB.IN; DABUR IN), Saudi Electricity (SEC.SA; SECO AB), Bank Albilad (ALB.SA; ALBI AB), Pharmaessentia (PHM.TW; 6446 TT)

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Packing Corporation of America (PKG), Lincoln Electric Holdings (LECO),  Las Vegas Sands (LVS), Kimberly Clark Corp (KMB),  M & T Bank Corp (MTB), Prologis (PLD), Genedx Holdings (WGS), Academy Sports & Outdoor (ASO), Burlington Stores (BURL), Target (TGT), Tractor Supply (TSCO), Plexus (PLXS), CSX Corp (CSX).

Developed: Svenska Cellulosa Aktiebolaget (SW@G.SE; SCAB SS),  Subaru (FJ@N.JP; 7270 JP),  Shimano (SHMO.JP; 7309 JP); InterContinental Hotels Group (IHG.GB; IHG LN), Lixil Group (LIXI.JP; 5938 JP),  Santos (STO.AU; STO AU), Macquarie Group (MQG.AU; MQG AU), The Swatch Group (UHR.CH; UHR SW), Sanken Electric (SL@N.JP; 6707 JP).

Emerging: None

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Sociedad Quimica Y Minra (SQM), Snap On (SNA), Blackstone Inc (BX), La-Z-Boy (LZB), IPG Photonics (IPGP), Old Dominion Freight Line (ODFL).

Developed: Denka (EC@N.JP; 4061 JP), CCL Industries (CCL/B.CA; CCL/B CN), Daimler Truck Holding (DTGX.DE; DTG GR), Guangzhou Automobile (GAG.HK; 2238 HK), Moncler (MONC.IT; MONC IM), Stella International (STLI.HK; 1836 HK), Reckitt Benckiser Group (RKT.GB; RKT LN), China Petroleum and Chemical (CHPE.HK; 386 HK), Equitable Group (EQB.CA; EQB CN), Sanken Electric (SL@N.JP; 6707 JP).

Emerging: Turkiye Vakiflar Bankasi (TVB.TR; VAKBN TI), Novatek Microelectronics (NOV.TW; 3034 TT).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Graphic Packaging Hldg (GPK), Korn Ferry (KFY), Light & Wonder (LNW), Marriott International (MAR), Wynn Resorts (WYNN), Dime Community Bancshrs (DCOM), Davita (DVA), Academy Sports & Outdoor (ASO), Target (TGT), Avery Dennison (AVY), CSX Corp (CSX).

Developed: Tenaris (TEN.IT; TEN IM), Diploma (DPLM.GB; DPLM LN), Wilmar International (EZYH.SG; WIL SP), China Petroleum and Chemical (CHPE.HK; 386 HK), Equitable Group (EQB.CA; EQB CN), Brunello Cucinelli (BC.IT; BC IM), Deutsche Post (DHLX.DE; DHL GR).

Emerging: Larsen & Toubro (LST.IN; LT IN), Hanwha Life Insurance (KLF.KR; 088350 KS), Naver (NHN.KR; 035420 KS).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Martin Marietta Materls (MLM), Amer Sports (AS), Atour Holdings (ATAT), Acushnet Holdings (GOLF), Expedia Group (EXPE), Uniti Group (UNIT), Etsy (ETSY), Insight Enterprises (NSIT), Avery Dennison (AVY).

Developed: Novozymes B (NZY.DK; NSISB DC), Wolters Kluwer (WSG.NL; WKL NA), Mowi (MHG.NO; MOWI NO), Power Assets Holdings (HKEL.HK, 6 HK), Cellnex Telecom (CLNX.ES; CLNX SM), Deutsche Post (DHLX.DE; DHL GR).

Emerging: Adnoc Gas (ADG.AE; ADNOCGAS UH), Jabal Omar Development (JAB.SA; JOMAR SB), Naver (NHN.KR; 035420 KS).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Hudbay Minerals (HBM), Caterpillar (CAT), Pinterest (PINS), Skechers (SKX), Marriott International (MAR), Hilton Worldwide Holdings (HLT), Lakeland Financial (LKFN), Resmed (RMD), Academy Sports & Outdoor (ASO), Camping World (CWH), Dell Technologies (DELL).

Developed: Anglo American (AAL.GB, AAL LN), Accelleron (ACLN.CH; ACLN SW), Yangzijiang Shipbuilding (YSHL.SG; YZJSGD SP), Honda Motor (HO@N.JP; 7267 JP), Adidas (ADSX.DE; ADS GR), Mowi (MHG.NO; MOWI NO), Yakult Honsha (YAHO.JP; 2267 JP), ENEOS Holdings (JXHO.JP; 5020 JP), Cosmo Energy Holdings (COEN.JP; 5021 JP), CVC Capital Partners (CCPW.NL; CVC NA), Kuehne Und Nagel International (KNIN.CH; KNIN SW).

Emerging: Taiwan Business Bank (TWB.TW; 2834 TT), Giga-Byte Technology (GBT.TW; 2376 TT).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Martin Marietta Materials (MLM), Vulcan Materials (VMC), Paccar (PCAR), Caterpillar (CAT), Tesla (TSLA), Deckers (DECK), V F Corp (VFC), Lakeland Financial (LKFN), Ensign Group (ENSG), Floor & Decor (FND), La-Z-Boy (LZB), Dell Technologies (DELL), Hunt JB Trans Svcs Inc (JBHT).

Developed: Showa Denko (SW@N.JP; 4004 JP), Henkel (HEN3X.DE; HEN3 GR), Schneider Electric (QT@F.FR; SU FP), Lvmh (LVMH.FR; MC FP), Beiersdorf (Xet)(BEIX.DE; BEI GR), Dsm Firmenich (DSFR.NL; DSFIR NA), Mercury Nz (MRPZ.NZ; MCY NZ), Capital Power (CPX.CA; CPX CN), Tamburi Investment Partners (TIPS.IT; TIP IM), Fujifilm Holdings (FP@N.JP; 4901 JP), Kakaku.com (KAKA.JP; 2371 JP), Easyjet(EZJ.GB; EZJ LN).

Emerging: Weg On (WG3.BR; WEGE3 BR), Parade Technologies (PDE.TW; 4966 TT).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: Graphic Packaging (GPK), RPM International (RPM), Paccar (PCAR), Caterpillar (CAT), OneSpaWorld Holdings (OSW), Travel+Leisure Co (TNL), Clorox (CLX), SLB (SLB), Glacier Bancorp (GBCI), Integra Lifesciences (ITGR), Carvana (CVNA), Sensata Technologies (ST),  United Parcel Svc (UPS).

Developed: Techtronic Inds. (TRON.HK; 669 HK), Mips (MIPS.SE; MIPS SS), China Coal Energy ‘H’ (CCEC.HK; 1898 HK), Azrieli Group (AZRG.IL; AZRG IT), Inditex (IND.ES; ITX SM), Fujifilm Holdings (FP@N.JP; 4901 JP), Auto Trader Group (AUTO.GB; AUTO LN).

Emerging: Hd Gamuda (GAMU.MY; GAM MK), Bank Syariah Indonesia (BRY.ID; BRIS IJ), HTC (HIC.TW; 2498 TT).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: CF Industries Holdings (CF), Boeing (BA), Morningstar (MORN), Cinemark (CNK), PVH Corp (PVH), Harley Davidson (HOG), Phillips 66 (PSX), Bread Financial (BFH), Lemaitre Vascular (LMAT), Davita (DVA), Ambercrombie & Fitch (ANF), Chipotle Mexican Grill (CMG), Murphy USA (MUSA), Target (TGT), Power Integrations (POWI), CSX Corp (CSX).

Developed: Prysmian (PRY.IT; PRY IM), NHK Spring (GL@N.JP; 5991 JP), Treasury Wine Estates (TWE.AU; TWE AU), Bp (BP.GB, BP LN), Drax Group (DRX.GB; DRX LN), Nyfosa (NYFO.SE; NYF SS), Davita (DVA), Infrastructure Wireless Italiane (INW.IT; INW IM).

Emerging: Weg On (WG3.BR; WEGE3 BZ), Kt & G (KTB.KR; 033780 KS), Emaar The Economic City (EMA.SA; EMAAR AB), Pegatron (PEG.TW; 4938 TT).