Prysmian (PRY IM) Italy

Industrials

Cerundolo Investment Research

Guy Cerundolo highlights 10 European long ideas scored and ranked using his multi-factor technical model. These stocks have good absolute and relative structure and either emerged or are starting to emerge from consolidation patterns from which he sees further upside. In addition to PRY (see chart), other companies highlighted include Inditex, MTU Aero Engines, Pandora, Rolls-Royce and Schneider Electric.

- 20 September, 2024

Stocks flagging as "high risk" for DSI and Inventory Breakdown

Forensic Alpha

Most companies provide a detailed breakdown of overall inventory in the notes to the accounts, showing how it splits into "Finished Goods", "Work in Progress" and "Raw Materials". Forensic Alpha’s systems can now extract this data and analyse changes over time to alert investors of any concerning patterns. European stocks flagging as "high risk" for both DSI and Inventory Breakdown include GN Store Nord, Pandora, SCA and Vestas Wind Systems.

- 08 December, 2023

FTSEurofirst 80 Index: Bullish & Bearish Themes

Technical Analysis

Messels

Recycling and Renewable Energy stocks such as Umicore, Vestas Wind and Siemens Gamesa are rallying from medium term support. Selective Seafood and Tobacco stocks remain defensive including SalMar, Mowi and Scandinavian Tobacco. Banks are generally rallying in ranges; favours CaixaBank and Sabadell which have already broken out and extend relative bases.

Industrials have broken uptrends and are now losing relative momentum such as Schneider, Atlas Copco and Alfa Laval. Luxury Goods renew their 4-month price and relative tops including Pandora, LVMH, Dior and Hermes. IT Hardware and Semiconductors renew their 5-month price and relative tops; SeSa, BE Semiconductor, Infineon and Nordic Semiconductor are highlighted.

- 27 May, 2022

US S&P500 Index: Cautionary developments

Nautilus Research’s bearish outlook was especially heightened in recent weeks given the extreme backup in rates, the shock in energy and the hawkish Fed. They are also troubled by a first downward Q1 for the index following a streak of 2+ years, the weakness in transports, and concerning underlying trends. A major top has been registered and the recent strength represents a bear market rally; a break of the 12-month moving average (4475) could open a Pandora’s Box!

- 14 April, 2022