Cadence Design Systems: Margin Pressure but Lots of Cash

The Broad Market Index was down 0.53% last week and 61% of stocks out-performed the index. The third quarter financial statement update is underway now with 90 companies reporting last week. It is still too early to perform a macro analysis but interesting that those 90 names generated 19 buys and 4 sells.Q3 2020 hedge fund letters, conferences and moreMost of the improvements are in industrial companies where sales growth is still negative but higher than last period. That improvement in sales growth is commonly the first sign of a cyclical recovery among industrials.At the stock level – A qu…

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HEDGE accordingly