The Latest from Valens Research
Saturday, January 21, 2017


  • credit

    Valens Credit Weekly Insights for January 18, 2017

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    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

    AVP – Avon Products, Inc.
    CSTM – Constellium N.V
    DF – Dean Foods Company

    Other Ideas

    TIME – Time Inc.
    ESV – Ensco plc

  • equities

    Valens Equities Weekly Equity Idea Highlight for January 11, 2017 – National Oilwell Varco, Inc.

    NOV@2x

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

    National Oilwell Varco, Inc. (NOV): Markets expect macro issues to persist in perpetuity going forward for NOV, not respecting management’s prior execution, opportunities for acquisitions, or confidence about stabilization in the business

  • equities

    Valens Equities Weekly Insights and Inflections for January 11, 2017

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    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: Colgate-Palmolive Company (CL)

    Other Highlights: MAR, MTD, NAV Other Recent Analyses: AKAM, AVGO, BDX, TSX:CM, CVI, ES, ETP, HCN, IR, LEN, MLM, MU, TSX:RY, SHW, TAP, TPC, WMB, XEC

  • credit

    Valens Credit Weekly Insights for January 4, 2017

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    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

    AMAG – AMAG Pharmaceuticals, Inc.
    GME – GameStop Corp.
    UVV – Universal Corporation

    Other Ideas

    AGN – Allergan plc

  • equities

    Valens Equities Weekly Insights and Inflections for January 4, 2017

    veii-logo-2017-01-04

    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: The Sherwin-Williams Company (SHW)

    Other Highlights: TSE:6501, RSG, SJM Other Recent Analyses: A, BHI, TAP, WMB, WPZ

  • equities

    Valens Equities Weekly Equity Idea Highlight for January 4, 2017 – Twitter, Inc.

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

    Twitter, Inc. (TWTR): Contrary to market perception, TWTR has been able to stabilize profitability in the last few years and that’s forecasted to continue, and improving management confidence implies current market expectations are too pessimistic

  • credit

    Valens Credit Weekly Insights for December 28, 2016

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    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

    CCO – Clear Channel Outdoor Holdings, Inc.
    MDR – McDermott International
    TSX:MEG – MEG Energy Corp

    Other Ideas

    CAR – Avis Budget Group, Inc.
    WRK – WestRock Company

  • equities

    Valens Equities Weekly Insights and Inflections for December 28, 2016

    veii-logo-2016-12-28

    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: Tyson Foods, Inc. (TSN)

    Other Highlights: KFY, NSC, WM Other Recent Analyses: AXL, BLDR, CERN, DISC.A, DLPH, EIX, MMP, NBL, S, SRE

  • credit

    Valens Credit Weekly Insights for December 21, 2016

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    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

    HTZ – Hertz Global Holdings, Inc.
    WU – The Western Union Company
    X – United States Steel Corporation

    Other Ideas

    BZH – Beazer Homes USA, Inc.
    EXPE – Expedia, Inc

  • equities

    Valens Equities Weekly Equity Idea Highlight for December 21, 2016 – Zillow Group, Inc.

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

    Zillow Group, Inc. (ZG): Pessimistic market outlook for growth and ROA’, controlling market position with huge addressable market opportunities and management confidence about their strategy spell equity upside

  • equities

    Valens Equities Weekly Insights and Inflections for December 21, 2016

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    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: Enbridge Inc. (TSX:ENB)

    Other Highlights: K, PCG Other Recent Analyses: AMT, APD, DLPH, FIS, KMI, PXD, ROST, SE, SUPN, ZTS

  • equities

    UAFRS vs As-Reported Weekly Highlights for December 21, 2016

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    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 Kellogg Company (K), Ross Stores, Inc. (ROST), and Delphi Automotive PLC (DLPH).

  • credit

    Valens Credit Weekly Insights for December 14, 2016

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    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

    AN – AutoNation, Inc.
    RCII – Rent-A-Center, Inc.
    UIS – Unisys Corporation

    Other Ideas

    RCL – Royal Caribbean Cruises Ltd.
    AL – Air Lease Corporation

  • equities

    Valens Equities Weekly Equity Idea Highlight for December 14, 2016 – Citrix Systems, Inc.

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

    Citrix Systems, Inc. (CTXS): Pessimistic market outlook for growth and ROA’, with growing management confidence about guidance and competitive positioning and positive fundamental momentum signal equity upside

  • equities

    Valens Equities Weekly Insights and Inflections for December 14, 2016

    veii-2016-12-14

    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: Fox Factory Holding Corp. (FOXF)

    Other Highlights: INTU, PANW, TSLA Other Recent Analyses: ALXN, BBY, BRKS, CTSH, DIS, DLTR, EL, GME, MDR, NEP, NYT, SWX:SCHN, TMO, LSE:VOD

  • equities

    UAFRS vs As-Reported Weekly Highlights for December 14, 2016

    uvsar-logo-2016-12-14

    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 The Walt Disney Company (DIS), Cognizant Technology Solutions Corporation (CTSH), and Intuit Inc (INTU).

  • credit

    Valens Credit Weekly Insights for December 7, 2016

    vcwi-logo-2016-12-07

    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

    AMD – Advanced Micro Devices, Inc.
    FCX – Freeport-McMoRan Inc.
    YRCW – YRC Worldwide Inc.

    Other Ideas

    GM – General Motors Company

  • equities

    Valens Equities Weekly Equity Idea Highlight for December 7, 2016 – Lam Research Corporation

    lrcx2x

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

    Lam Research Corporation (LRCX): Market expectation are for a negative cycle, but LRCX’s strong execution, industry tailwinds, and management confidence about their business and industry spell reasons for equity upside

  • equities

    Valens Equities Weekly Insights and Inflections for December 7, 2016

    veii-2016-12-07

    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: The Home Depot, Inc. (HD)

    Other Highlights: AGN, GD, PX Other Recent Analyses: AET, AVP, CBS, CHK, DB:CON, CVS, CXO, HAL, LRCX, LUV, PCLN, DB:SIE, SPLS, TGT, TSO, VFC

  • equities

    UAFRS vs As-Reported Weekly Highlights for December 7, 2016

    vvsar-logo-2016-12-07

    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 CBS Corporation (CBS), The Priceline Group Inc (PCLN), and General Dynamics Corporation (GD).