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.: 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).

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

U.S.: CF Industries Holdings (CF), Clean Harbors (CLH), Birkenstock (BIRK), Kontoor Brands (KTB), Freshpet (FRPT), NOV Inc (NOV), IREN Limited (IREN), Glaukos (GKOS), Buckle (BKE), Motorola Solutions (MSI), SentinelOne (S), Old Dominion Fght Line (ODFL).

Developed: Wolters Kluwer (WSG.NL; WKL NA), NGK Spark Plug (KS@N.JP; 5334 JP), NHK Spring (GL@N.JP; 5991 JP), Sotetsu Holdings (SGIR.JP; 9003 JP), China Coal Energy ‘H’ (CCEC.HK; 1898 HK), Japan Airport Terminal (JTER.JP; 9706 JP).

Emerging: Indorama Ventures (INVX.TH, IVL TB), Bharat Electronics (BHE.IN; BHE IN), Lamda Development (KONS.GR; LAMDA GA), Giga-Byte Technology (GBT.TW; 2376 TT), ITC (IT.IN; ITC IN).