Valens Equities Weekly Insights and Inflections for November 23, 2016
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
Market expectations for CHKP to cease Adjusted ROA expansion are too bearish, as management and analysts are growing more confident about the firm’s outlook
Market Insights
Most Compelling Long Ideas
FB, ZG, TWTR, NOV, MYL
Most Compelling ECF™ Inflections
CRUS, ABC, AYI, WCN, MA
Company Specific Highlights & Insights:
TSE:2914, AAPL, BAS, BAYN, DHI, GILD, MNTA, PCLN, RB, RIG, SPR, TWX, TXN, UNH, VRX, X, ZG
Aggregate ECF™ Trend Analysis:
Management confidence levels continue to be volatile, ranging between 24 month highs and 24 month lows in the past 6 months. In April, Management Confidence spiked higher, but the metric subsequently rolled over in recent months, falling to the low end of its range. This signaling that growth remains elusive, as management teams continue to not be confident enough to invest in their businesses.