Valens Equity Weekly Insights and Inflections for December 1, 2020
Company Specific Highlights & Insights:
AZO, CHWY, CTAS, GME, GNRC, GRMN, HIL, LIVN, LPLA, NTAP, SNA, SSNC, TCOM, VZ, WU
Aggregate ECF™ Trend Analysis:
Management confidence showed a robust recovery in May through July after the pandemic-driven drop in management confidence earlier this year. The “green shoots” in May through July did moderate somewhat through Q3, however they remain at more bullish levels, signaling a willingness to invest when fundamentals are more normal.