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Factor Recommendation Changes: Favor Companies with Greater Asset Turnover and Standardized Unexpected EPS

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Replacing Cash Position and EPS Growth/Stability with Asset Turnover and Standardized Unexpected EPS. Favor Companies with the Following Factor Exposures: Standardized Unexpected EPS, Asset Turnover, Free Cash Flow/Enterprise Value, Price Momentum, Earnings Revisions. Stocks Demonstrating These Characteristics Include Booking Holdings, TJX Companies, UnitedHealth, Boeing, Lockheed Martin, Apple, Facebook, Intel, Mastercard, Adobe.

Ned Davis Research | Stock Selection | U.S. Portfolio Strategy | Monthly

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