Valens Equity Weekly Insights and Inflections for March 30, 2021
Company Specific Highlights & Insights:
ADP, ADT, AMN, BKNG, DHI, EL, EQR, GNRC, GOOGL, HOLX, IPGP, K, KHC, LGIH, SPGI, SSNC, SWKS, UNFI, XRAY, YELP
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.