Most Compelling Long Ideas
COF, CRUS, CVS, FSLR, GRMN
Most Compelling ECF™ Inflections
JPM, GPK, MA, WMT, HLT
Company Specific Highlights & Insights:
ADP, AL, BKNG, BLK, CF, CME, DE, EOG, EPD, HFC, INTU, ISRG, OXY, PVH, SO, SPGI, SUI, SUM, SYK, TSLA
Aggregate ECF™ Trend Analysis:
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.