Valens Equity Weekly Insights and Inflections for April 17, 2019
Most Compelling Long Ideas
COF, CRUS, CVS, FSLR, GRMN
Most Compelling ECF™ Inflections
JPM, GPK, MA, WMT, HLT
Company Specific Highlights & Insights:
AMKR, AMT, BBY, BIIB, BYND, CCL, DNR, FORR, HCKT, LEVI, LLL, LYFT, MDLZ, NCI, PAYX, PRFT, SBAC, SITE
Management confidence levels appear to be gaining positive momentum, particularly in the last several months; breaking off their stationary trend for two years. The ratio has consistently remained above 2016-2017 levels, pointing to management teams growing more confident about investing. In particular, this has been signified by a sustained rise in highly confident markers, as opposed to a decline in management concern, pointing to renewed optimism.