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.: 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).

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.: Atotech Limited (ATC), Rollins Inc (ROL), Arconic Corporation (ARNC), Owens Corning (OC), Deere & Co (DE), Otis (OTIS), Mastec (MTZ), Tesla (TSLA), Newell Brands Inc (NWL), Live Nation Entertmnt (LYV), Ormat Technologies (ORA), Tellurian (TELL), Sunpower (SPWR), Western Alliance Bancorp (WAL), WEX Inc (WEX), Quidelortho Corporation (QDEL), Glaukos Corporation (GKOS), Boot barn Holdings (BOOT), Lithia Motors (LAD), Sprouts Farmers Market (SFM), Tractor Supply Company (TSCO), HP (HPQ), Jabil (JBL), Arrow Electronics (ARW), Godaddy Inc (GDDY), Oracle (ORCL), Teradata (TDC), Arcbest Corp (ARCB).

 

Developed: Iluka Resources (ILU.AU; ILU AU), Safran (SGM.FR; SAF FP), Sig Group (SIGN.CH; SIGN SW), Denso (DE@N.JP; 6902 JP), Aena Sme (AENA.ES; AENA SM), Wilmar Intl. (EZYH.SG; WIL SP), ASR Nederland (ASRN.NL; ASRNL NA), Poste Italiane (PST.IT).

 

Emerging: Dabur India (DAB.IN; DABUR IN), Shin Kong Financial Holding (SHK.TW, 2888 TT), Trent (LAM.IN; TRENT IN), ASE Technology (AIH.TW; 3711 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.: Celanese Corp (CE), Louisiana Pacific Corp (LPX), Eagle Materials (EXP), Freeport McMoRan (FCX), Installed Building Products (IBP), Mastec (MTZ), Aecom Technology Corp (ACM), Thomson Reuters Corp (TRI), Tesla (TSLA), Borgwarner (BWA), Owens Corning (OC), Travel + Leisure Co (TNL), Vista Outdoor (VSTO), Middleby Corp (MIDD), Edgewell Personal Care (EPC), TechnipFmc (FTI), C M E Group (CME), Arthur J. Gallagher & Co (AJG), Glaukos Corporation (GKOS), Perkinelmer (PKI), QuidelOrtho Corporation (QDEL), Hillman Solutions (HLMN), Boot Barn Holdings (BOOT), IAA (IAA), Lithia Motors (LAD), Tractor Supply Co (TSCO), Ii-Vi Incorporated (IIVI), Seagate Technology (STX), H P (HPQ), Macom Tech Solutions (MTSI), Descartes Systems Group (DSGX), United Parcel Svc (UPS), Matson (MATX), Expeditors Intl Wash (EXPD).

 

Developed: Sims (SGM.AU; SGM AU), Bunzl (BNZL.GB; BNZL LN), Dentsu (DENN.JP; 4324 JP), Oriental Land (ORIE.JP; 4661 JP), Pernod-Ricard (RCD.FR; RI FP), China Mengniu Dairy (MNDA.HK; 2319 HK), Dcc (DCC.GB: DCC LN), Asx (ASX.AU; ASX AU), The Swatch Group (UHRN.CH; UHRN SW), Sitc International (SIH.HK; 1308 HK).

 

Emerging: UPL (UPH.IN; UPLL IN), Dabur India (DAB.IN; DABUR IN), Hotel Shilla (SHI.KR; 008770 KS), Central Retail Corporation (CRCP.TH; CRC TB), Aspeed Technology (ASP.TW; 5274 TT), 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.: Atotech (ATC), Cleveland Cliffs (CLF), Morningstar (MORN), Badger Meter Inc (BMI), Deere & Co (DE), Crown Holdings (CCK), Roper Technologies (ROP), General Motors (GM), Harley Davidson (HOG), Middleby Corp (MIDD), Vista Outdoor (VSTO), Brighthouse Financial (BHF), CBRE Group (CBRE), Interactive Brokers (IBKR), Charles Schwab (SCHW), Ensign Group (ENSG), Perkinelmer (PKI),  Boot barn Holdings (BOOT), Amazon (AMZN), O Reilly Automotive (ORLY), IIVI Incorporated (IIVI), Micron Technology (MU), Charter Communications (CHTR),     Allscripts Healthcare Solutions (MDRX), Atlas Air Worldwide Holding (AAWW), United Parcel (UPS), Hunt JB (JBHT), Expeditors (EXPD), Old Dominion (ODFL).

 

Developed: Newcrest Mining (NCM.AU, NCM AU), Relx (REL.GB; REL LN), China Mengniu Dairy(MNDA.HK; 2319 HK), China Longyuan Power Group (CLYU.HK; 916 HK), National Australia Bank (NAB.AU; NAB AU), Smith & Nephew (SN.GB; SN/LN), Tesco (TSCO.GB; TSCO LN), Sage Group (SGE.GB; SGE LN), Rightmove (RMV.GB; RMV LN), Air Canada (AC.CA).

 

Emerging: Tata Steel (TIS.IN, TATA IN), Hindustan Unilever(HDL.IN; HUVR IN), Trent (LAM.IN; TRENT IN), SK Hynix (HYI.KR; 000660 KS).