The Latest from Valens Research
Monday, February 27, 2017


  • credit

    Valens Credit Weekly Insights for February 22, 2017

    vcwi Logo 2016 02 22

    Each week, the Valens Credit team highlights our most interesting insights from across our tools and our analysis. This week’s interesting insights include:

    Highlighted Top Ideas

    DNR – Denbury Resources Inc.
    NFX – Newfield Exploration Co.
    TMUS – T-Mobile US, Inc.

    Other Ideas

    CYH – Community Health Systems, Inc.
    LH – Laboratory Corp. of America Holdings.

  • equities

    Valens Equities Weekly Equity Idea Highlight for February 22, 2017 – Facebook, Inc.

    FB@2x

    This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis.

    Exaggerated market concerns about advertising growth concerns while management continues to see strong execution and growth opportunities spell upside potential

  • equities

    Valens Equities Weekly Insights and Inflections for February 22, 2017

    veii 2017 02 22

    Each week the Valens Securities team highlights our most interesting insights from across our tools and our analysis, including individual company industry and macro insights

    Top Highlight: Facebook, Inc. (FB)

    Other Highlights: CRUS, RCL, TXN Other Recent Analyses: ABBV, BIIB, BMY, CSX, DD, LSE:DGE, DLX, IBM, MNK, MO, NTES, SPR, WRK, X

  • equities

    UAFRS vs As-Reported Weekly Highlights for February 22, 2017

    UAvsAR 2017 02 22

    Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

    This week, we focus on NetEase, Inc. (NTES), Altria Group, Inc. (MO), Facebook, Inc. (FB).

  • credit

    Valens Credit Weekly Insights for February 15, 2017

    vcwi Logo 2016 02 15

    Each week, the Valens Credit team highlights our most interesting insights from across our tools and our analysis. This week’s interesting insights include:

    Highlighted Top Ideas

    ATW – Atwood Oceanics, Inc.
    CVS – CVS Health Corporation
    GT – The Goodyear Tire & Rubber Company

    Other Ideas

    THC – Tenet Healthcare Corp.
    FTR – Frontier Communications Corporation

  • equities

    Valens Equities Weekly Equity Idea Highlight for February 15, 2017 – Citrix Systems, Inc.

    CTXS@2x

    This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis.

    Pessimistic market outlook for growth and ROA’, with growing management confidence about margins and growth, and overall positive fundamental momentum signal equity upside

  • equities

    Valens Equities Weekly Insights and Inflections for February 15, 2017

    veii logo 2017 02 15

    Each week the Valens Securities team highlights our most interesting insights from across our tools and our analysis, including individual company industry and macro insights

    Top Highlight: Citrix Systems, Inc. (CTXS)

    Other Highlights: CCI, CZR, FAST Other Recent Analyses: ABBV, ASX:AST, BABA, BMY, DHI, DOW, EQM, GOOGL, GPS, IBM, INFO, JCP, JNPR, MSFT, SUN

  • equities

    UAFRS vs As-Reported Weekly Highlights for February 15, 2017

    UAvsAR 2017 02 15

    Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

    This week, we focus on Alibaba Group Holding Ltd (BABA), Crown Castle International Corp. (CCI), Bristol-Myers Squibb Company (BMY).

  • credit

    Valens Credit Weekly Insights for February 8, 2017

    vcwi Logo 2017 02 08

    Each week, the Valens Credit team highlights our most interesting insights from across our tools and our analysis. This week’s interesting insights include:

    Highlighted Top Ideas

    PKD – Parker Drilling Company
    SCI – Service Corporation International
    VRX – Valeant Pharmaceuticals International, Inc.

    Other Ideas

    WYN – Wyndham Worldwide Corporation
    OC – Owens Corning

  • equities

    Valens Equities Weekly Insights and Inflections for February 8, 2017

    veii Logo 2017 02 08

    Each week the Valens Securities team highlights our most interesting insights from across our tools and our analysis, including individual company industry and macro insights

    Top Highlight: Gentherm Incorporated (THRM)

    Other Highlights: TSX:CP, ISRG, KSU Other Recent Analyses: AGCO, LSE:CLLN, CSIQ, DNR, BME:GAM, GE, GRA, KBH, NJR, LSE:PNN, QVCA, RPM, SLB, LSE:SVT, SYF, TMUS

  • equities

    UAFRS vs As-Reported Weekly Highlights for February 8, 2017

    UAvsAR Logo 2017 02 08

    Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

    This week, we focus on Intuitive Surgical, Inc. (ISRG), Schlumberger Limited (SLB), Gentherm Incorporated (THRM).

  • equities

    Valens Equities Weekly Equity Idea Highlight for February 8, 2017 – Alphabet Inc.

    GOOGL@2x

    This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis.

    Management focus on maintaining ROA’ and confidence about driving growth mean market expectations for ROA’ declines are too pessimistic and the company is undervalued

  • credit

    Valens Credit Weekly Insights for February 1, 2017

    vcwi Logo 2017 02 01

    Each week, the Valens Credit team highlights our most interesting insights from across our tools and our analysis. This week’s interesting insights include:

    Highlighted Top Ideas

    AXL – American Axle & Manufacturing Holdings, Inc.
    BLDR – Builders FirstSource, Inc.
    GPS – The Gap, Inc.

    Other Ideas

    MGM – MGM Resorts International
    UHS – Universal Health Services, Inc.

  • equities

    Valens Equities Weekly Equity Idea Highlight for February 1, 2017 – D.R. Horton, Inc.

    DHI@2x

    This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis.

    Management’s smart strategic decisions, low market expectations, and positive fundamental momentum around backlog builds the case for equity upside

  • equities

    Valens Equities Weekly Insights and Inflections for February 1, 2017

    veii Logo 2017 02 01

    Each week the Valens Securities team highlights our most interesting insights from across our tools and our analysis, including individual company industry and macro insights

    Top Highlight: Union Pacific Corporation (UNP)

    Other Highlights: CSC, KMI, LSE:VEC Other Recent Analyses: ATO, BMRN, BME:FER, GNTX, IT, LAMR, DB:LHA, SBAC, SWN, SXL, TOL, UAL, WGL

  • equities

    UAFRS vs As-Reported Weekly Highlights for February 1, 2017

    UAvsAR 2017 02 01

    Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

    This week, we focus on United Continental Holdings, Inc. (UAL), Ferrovial, S.A. (BME:FER), and BioMarin Pharmaceutical Inc. (BMRN).

  • credit

    Valens Credit Weekly Insights for January 25, 2017

    vcwi 1 2017 01 25

    Each week, the Valens Credit team highlights our most interesting insights from across our tools and our analysis. This week’s interesting insights include:

    Highlighted Top Ideas

    AMKR – Amkor Technology, Inc.
    CVI – CVR Energy, Inc.
    DLX – Deluxe Corporation

    Other Ideas

    CAG – Conagra Brands, Inc.

  • equities

    Valens Equities Weekly Equity Idea Highlight for January 25, 2017 – Fox Factory Holding Corp.

    FOXF@2x

    This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis.

    Markets are expecting slowing growth and weaker profitability for a management team focused on growth, and confident on profitability and their strategic initiatives, spelling potential for equity upside

  • equities

    Valens Equities Weekly Insights and Inflections for January 25, 2017

    veii logo 2017 01 25

    Each week the Valens Securities team highlights our most interesting insights from across our tools and our analysis, including individual company industry and macro insights

    Top Highlight: ResMed, Inc. (RMD)

    Other Highlights: AWK, SEE, ST Other Recent Analyses: BLL, BWA, FLS, TSX:FTS, GNTX, IT, JBLU, STZ, VAR, WCN, ZAYO

  • equities

    UAFRS vs As-Reported Weekly Highlights for January 25, 2017

    UvsAR logo 2017 01 25

    Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

    This week, we focus on Zayo Group Holdings, Inc. (ZAYO), Sensata Technologies Holding N.V. (ST), and BorgWarner Inc. (BWA).