Valens Equity Weekly Insights and Inflections for November 24, 2020
Company Specific Highlights & Insights:
AYI, DG, DOCU, EXLS, FB, FDX, FTI, GWRE, HCA, ISRG, KMX, LUV, MAT, NKE, OSH, T, V, WBA, WHR
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 some through Q3, however they remain at more bullish levels, signaling a willingness to invest when fundamentals are more normal.