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.: Compass Minerals International ( CMP ), Xylem Inc ( XYL ), Allegion Plc ( ALLE ),   Carters ( CRI ), IHeartMedia ( IHRT ), Levi Strauss ( LEVI ), PVH Corp ( PVH ), First Solar ( FSLR ), BGC Partners ( BGCP ), Select Medical Holdings ( SEM ), Fulgent Genetics ( FLGT ), Adapthealth Corp ( AHCO ), Ebay ( EBAY ), Jack In The Box ( JACK ), T D Synnex ( SNX ),  Itron ( ITRI ), Azenta ( AZTA ), Manhattan Associates Inc ( MANH ), Bill.com Holdings ( BILL ), Cyberark Software ( CYBR ), Rapid7 Inc ( RPD ).

 

Developed: Stelco Holdings ( STLC.CA, STLC CN ), Pennon Group ( PNN.GB; PNN LN , Sohgo Securities ( SOSE.JP; 2331 JP ), Puma( PUMX.DE;PUM GR ), TOHO( TOHO.JP;9602 JP ), Washington H.Soul Pattinson & Co. ( SOL.AU; SOL AU ), Nexi ( NEXI.IT, NEXI IM ), Eurofins Scientific ( EUF.FR ), Skylark ( LARK.JP; 3197 JP ), Shimadzu ( ZU@N.JP; 7701 JP ), Otsuka ( OTSK.JP; 4768 JP ), Yamato Holdings ( OJ@N.JP; 9064 JP ).

 

Emerging: Tata Consumer ( TEA.IN; TATACONS IN ), SBI Cards and Payment Services ( SC3.IN, SBICARD IN ), E-Mart ( EMA.KR; 139480 KS ), Rumo On ( P3M.BR; RAIL3 BZ )

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Eldorado Gold Corporation (EGO), L3Harris Technologies (LHX), Toro Co (TTC), MSG Sports Corp (MSGS), Levi Strauss & Co (LEVI), CelsiusHoldings (CELH), Solaredge Technologies (SEDG), Alliance Data Systems (ADS), Adapthealth Corp (AHCO), Etsy (ETSY), Cognex (CGNX), Okta Inc (OKTA), Sailpoint Tech Holdings (SAIL), Yandex (YNDX), Match Group Inc (MTCH), Cable One Inc (CABO), Cryoport (CYRX).

 

Developed: Newcrest Mining Limited (NCM.AU; NCM AU), Sohgo Securities (SOSE.JP; 2331 JP), Securitas B (SUBF.SE; SECUB SS), Seibu Holdings (SEBU.JP; 9024 JP) Central Japan Railway (JRCE.JP; 9022 JP), Royal Unibrew (RBR.DK; RBREW DC), Xinjiang Goldwind Sctc. ‘H’ (XGST.HK; 2208 HK), Euronext (ENX.FR; ENX FP), Genmab (GEN.DK; GEN CO), Sushiro Global (SSHI.JP; 3563 JP), Kakaku.com (KAKA.JP; 2371 JP), Cargojet (CJT.CA; CJT CN).

 

Emerging: Tata Consumer Products (TEA.IN; TATACONS IN).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Constellium (CSTM), Graphic Packaging (GPK), Xylem Inc (XYL), Under Armour (UAA), Hanesbrands Inc (HBI), Stanley Black & Decker (SWK), Arcosa (ACA), Markel Corp (MKL), Apria (APR), Caseys General Stores (CASY), Flex (FLEX), Blackline Inc (BL), Southwest Airlines (LUV), Canadian Pacific Railway (CP).

 

Developed: Wacker Chemie AG (WCHX.DE; WCH GR), Burberry Group (BRBY.GB; BRBY LN), Signify (LIGH.NL; LIGHT NA), Beiersdorf (BEIX.DE; BEI GR), Washington H. Soul Pattinson & Co. (SOL.AU; SOL AU), Chiba Bank (CHBK.JP; 8331 JP), DiaSorin (DIA.IT; DIA IM), Marr (MARR.IT; MARR IM), Foxconn Technology (FNN.TW; 2354 TT), Cargojet (CJT.CA; CJT CN).

 

Emerging: PTT Global Chemical (PTTG.TH; PTTGC TB), Tata Consumer Products (TEA.IN; TATACONS IN), Hindustan Unilever (HDL.IN; HUVR IN), ICICI Lombard (ILG.IN; ICICIGI IN), Woolworths Holdings (WHLJ.ZA; WHL SJ).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Kincross Gold Corporation ( KGC ), Brinks Co ( BCO ), L3Harris Technologies ( LHX ), Xylem Inc ( XYL ), Nio Inc ( NIO ), Yelp Inc ( YELP ), Gray Television Inc ( GTN ), P V H Corp ( PVH ), MSG Sports Corp ( MSGS ), Toro ( TTC ), Marriott Vacations Worldwide ( VAC ), Sonos ( SONO ), Yeti Holdings ( YETI ), Lancaster Colony Corp ( LANC ), Euronav ( EURN ), Flagstar Bancorp ( FBC ), Royalty Pharma ( RPRX ), National Vision Holdings ( EYE ), Childrens Place ( PLCE ), Flex ( FLEX ), Amkor Technology ( AMKR ), Okta Inc ( OKTA ), Avalara Inc ( AVLR ), Delta Airlines ( DAL ).

 

Developed: BASF ( ASX.DE; BAS GR ) Volvo B ( VOBF.SE; VOLVB SS ), Kakaku.com ( KAKA.JP; 2371 JP ), Flughafen Zurich ( FHZN.CH; FHZN SW ), Aena Sme ( AENA.ES; AENA SM ), Royal Unibrew ( RBR.DK; RBREW DC ), Christian Hansen Holding ( CHR.DK; CHR DC ), Woodside Petroleum ( WPL.AU ), Banco Santander ( SAN.ES; SAN SM ), Cochlear ( COH.AU; COH.AX ), Grafton Group ( GFTU.GB; GFTU LN ), Kuehne Nagel International ( KNIN.CH; KNIN SW ).

 

Emerging: Cemex ( CMC.MX; CEMEXCPO MM ), CCC ( CCC.PL; CCC PW ), Chipmos Technologies ( CIT.TW; 8150 TT )

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Westrock (WRK), Rollins Inc (ROL), L3Harris Technologies (LHX), Science Applications Intl (SAIC), P V H Corp (PVH), HAIN Celestial Group (HAIN), Brookfield Renewable Partners (BEP), Capital One Financial (COF), PJT Partners (PJT), Penumbra (PEN), Urban Outfitters (URBN), Abercrombie (ANF), Prog Holdings (PRG), Caseys General Store (CASY), Lithia Motors (LAD), Asbury Automotive (ABG), Cognex (CGNX), Yandex (YNDX), Cable One Inc (CABO), Commvault Systems Inc (CVLT), Take-Two Interactive Sftwr (TTWO), Okta Inc (OKTA), Yandex (YNDX), Jack Henry (JKHY), Spotify Technology (SPOT), Southwest Airlines (LUV).

 

Developed: Endeavour Mining (EDV.CA; EDV CN), Mazda Motor (KO@N.JP; 7261 JP), Adidas (Xet) (ADSX.DE; ADS GR), Panasonic (MI@N.JP; 6752 JP), Signify (LIGH.NL; LIGHT SW), Vonovia (XET) (VNAX.DE; VNA GR), Royal Unibrew (RBR.DK; RBREW DC), Iwatani (JE@N.JP; 8088 JP),  Adp (ADP.FR; ADP FP), Orion Corporation B (ORNB.FI; ORNBV HE), ABC Mart (ITCP.JP; 2670 JP), Ricoh (RH@N.JP; 7752:JP), Net One Systems (NETO.JP;7518:JP), Cargojet (CJT.CA; CJT CN).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Agnico Eagle Mines Limited (AEM), Rollins Inc (ROL), Donaldson Co (DCI), Aptargroup Inc (ATR), Xpel (XPEL), SONOS Inc. (SONO), Boyd Gaming Corp (BYD), MGM Resorts (MGM), Monster Beverages (MNST), U G I Corp Holding (UGI), Discover Financial Services (DFS), Texas Capital Bancshares (TCBI), Capital One Financial (COF), Guardant Health (GH), Carvana (CVNA), Urban Outfitters (URBN), Abercrombie (ANF), Cognex Corp (CGNX), II-VI Incorporated (IIVI), Match Group (MTCH), Cable One (CABO), Sea Ltd Ads (SE), Blackline Inc (BL), Fortinet Inc (FTNT), Alaska Air Group (ALK), P V H Corp (PVH), Cirrus Logic Inc (CRUS).

 

Developed: Sumitomo Chemical (SC@N.JP; 4005 JP), Mondi (MNDI.GB; MNDI LN), Royal Unibrew (RBR.DK; RBREW DC), Anheuser – Busch Inbev (ABI.BE; ABI BB), Iwatani (JE@N.JP; 8088 JP), Bendigo & Adelaide Bank (BEN.AU; BEN AU), Seven Bank (SEVN.JP; 8410 JP), Gerresheimer (GXIX.DE; GXI GR), Skylark (LARK.JP; 3197 JP), Ericsson B (SL@G.SE; ERICB SS), Deutsche Telekom (DTEX.DE; DTE GR), Cargojet (CJT.CA; CJT CN).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Allegheny Technologies (ATI), Boeing (BA), Acronic Corp (ARNC), SONOS (SONO), Freshpet (FRPT), Patterson-Uti Energy (PTEN), Mastercard (MA), Jazz Pharmaceuticals (JAZZ), Carvana (CVNA), Cognex (CGNX), Skyworks Solutions (SWKS), Charter Communications (CHTR), Take-Two Interactive Solutions (TTWO), Godaddy (GDDY), Checkpoint Software Tech (CHKP), Yelp Inc (YELP), Baidu Inc (BIDU), Southwest Airlines (LUV).

 

Developed: Jfe Holdings (JFEH.JP; 5411 JP), Mondi (MNDI.GB; MNDI LN), Accor (AC.FR; AC:FP), Royal Unibrew (RBR.DK; RBREW DC), Dcc (DCC.GB; DCC LN), Mizuho Financial Group (MIZH.JP; 8411 JP), Gerresheimer (GXIX.DE; GXI GR), Canadian Tire (CTC/A.CA; CTC/A CN), Parkland (PKI.CA; PKI CN), Brother Industries (BI@N.JP; 6448 JP), Kuehne Und Nagel International (KNIN.CH; KNIN SW).