Deep Dives
Machinery
- DE: Some Ag Hope
- Mining Equipment: Another Tick Down On Consistent Headwinds
- Vertical Research Partners Top Picks - VRP Top Picks for 2020
- Machinery: Charting The 2020 Outlook
Global Aerospace & Defense
- Global Aerospace & Defense: 1Q20 Q&A Pack
- Global Aerospace: Airline Scorecard - January 2020: Wuhan edition
- Vertical Research Partners Top Picks - VRP Top Picks for 2020
- AIR-FR: A&D BATTLEGROUND - Reassessing our Top Pick
Chemicals
- LTHM: Downgrade to Sell As Cash Burn Accelerates
- ALB: Moving to Hold; Lithium Recovery Option More Expensive
- ALB: Catalysts, Bromine Help ALB Through Lithium Transition
- WLK: Virus vs. Value; Trough Deepens But Thesis Intact
Metals & Mining
- CDE: Grinding Free Cash, Silvertip Pause Supportive
- NEM: Driving Value as Gold Gains Momentum- Reaffirm Buy
- HL: Completes LT Debt Refinancing Post Solid 2H19
- AEM: Uncharacteristic Speed Bump as Sentiment Resets
Engineering & Construction
- KBR: Transformation Continues, Reaffirm Buy and Top Pick
- VMC: Adjusting for a Bit of Conservatism as LT Dynamics Evolve
- FLR: Fighting Through the Past; A More Uncertain Present
- VMC: Slight Q4 Miss; Positive and Reasonable 2020 Outlook
Airlines
- Vertical Research Partners Top Picks - VRP Top Picks for 2020
- U.S. Airlines: Outlook 2020: Tail of the Rat
- U.S. Airlines: Outlook 2020: Tail of the Rat
- U.S. Airlines: Outlook 2020: Tail of the Rat
Electrical Equipment & Multi-Industry
- ITT: Plentiful Productivity Pipeline, Reiterate Buy
- ITT: Q4 Operational Beat, Base '20 Guide In Line w/ Coronavirus Below
- SU-FR: H2 Beat, Solid Cash Flow
- EE/MI: Q4 Wrap-Up - Midway Through the Downturn?