Valens Equity Weekly Insights and Inflections for March 23, 2021
Company Specific Highlights & Insights:
ALGN, APH, BA, BHC, EXLS, HCA, HUBB, KFY, KMB, LIVN, MDLZ, NOC, NXPI, PLD, ROP, SBUX, SHW, TMO, TXN, VFC
Aggregate ECF™ Trend Analysis:
Management confidence showed a robust recovery in May through July after the pandemic-driven drop in management confidence earlier in 2020. The “green shoots” in May through July did moderate some through Q3, and are now only at more average levels, signaling a more neutral view about investing when fundamentals normalize.