Southwest Airlines (LUV:USA) currently trades near recent averages relative to UAFRS-based (Uniform) Earnings, with a 17.6x Uniform P/E.

Each week, the Valens Research team highlights our most interesting insights from across our tools and our analysis, including individual company, industry, and macro insights. Top Highlight: V – Visa, Inc. Other Highlights: FLS, IRM, VAR

Activision Blizzard, Inc. (ATVI:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 23.8x Uniform P/E

Flowserve Corporation (FLS:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 23.6x Uniform P/E, implying bullish expectations for the firm

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 the Valens Research team highlights our most interesting equity insight from across our tools and our analysis. FSLR is starting to see light at the end of the Series 6 tunnel, but the market is not yet recognizing management’s execution, spelling material upside potential

Iron Mountain Incorporated (IRM:USA) currently trades near recent averages relative to UAFRS-based (Uniform) Earnings, with a 24.6x Uniform P/E

Visa Inc. (V:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 30.4x Uniform P/E, implying bullish expectations for the firm

Each week, the Valens Research team highlights our most interesting insights from across our tools and our analysis, including individual company, industry, and macro insights. Top Highlight: HCA – HCA Healthcare, Inc. Other Highlights: PTC, SYY, UPS

Varian Medical Systems, Inc. (VAR:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 21.6x Uniform P/E

PTC Inc. (PTC:USA) currently trades well above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 33.8x Uniform P/E, implying bullish expectations for the firm

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.

Company Specific Highlights & Insights

This week the Valens Research team highlights our most interesting equity insight from across our tools and our analysis. The market does not appear to be cognizant of Cognizant’s strong sustained profitability, strategic vision

United Parcel Service, Inc. (UPS:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 23.5x Uniform P/E

Each week, the Valens Research team highlights our most interesting insights from across our tools and our analysis, including individual company, industry, and macro insights. Top Highlight: TXN – Texas Instruments Incorporated Other Highlights: ALGN, ITW, UNP

HCA Healthcare, Inc. (HCA:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) Earnings, with a 14.8x Uniform P/E

Illinois Tool Works Inc. (ITW:USA) trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 19.8x P/E

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.

Company Specific Highlights & Insights

This week the Valens Research team highlights our most interesting equity insight from across our tools and our analysis. Cirrus appears to be making the right calls with strong management alignment, favorable fundamentals, smart strategic decisions

Texas Instruments Incorporated (TXN:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 20.7x Uniform P/E