Pocket Pivot Review - Various 3/1/16

Published : March 1 2016 at 17:16 ET

Some risk-on groups are playing catch-up on this bounce. With a potential shifting away from defensive names in the markets as we observed in a prior MLR, here are some higher quality pocket pivots that emerged today:

Airline ALK - Earnings are accelerating, pretax margin 24%, ROE 37.1%, group rank 78. 

Semiconductor SIMO - Yesterday's pocket pivot is still valid. institutional sponsorship has grown over the last 3 quarters, pretax margin 25.5%, ROE 40%, group rank 29. 

Server system maker SMCI - Yesterday's pocket pivot is still valid. Group rank 33. 

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