Valens Equity Weekly Insights and Inflections for May 19, 2020
Company Specific Highlights & Insights:
ADT, AYI, CAG, CHRW, COST, EW FB, FRT GNRC, GRMN, HCA, HSIC, KMI,KMX, LRCX, SHW, SONO, STZ, V
Aggregate ECF™ Trend Analysis:
Management confidence continued to show robust levels in February but unsurprisingly saw a sharp decline with the increasing uncertainty of the near future in March and April. The first two months of the year saw a strong recovery in management outlook in Q4 2019, a sign that management teams continued to show optimism about investing in growth before the coronavirus pandemic outbreak.