Attractiveness Rankings for the Transportation and Autos Sectors Fall

May 12, 2022
January 12, 2022
WEEKLY SECTOR ROTATION
Brian T. Hannon, CFA
Attractiveness Rankings for the Transportation and Autos Sectors Fall
Deteriorating catalytic scores have resulted in the transportation sector’s fall from the top 5 group in
our attractiveness rankings. Catalytic scores were also lower for the autos sector and the additional
impact of a weakened technical outlook pushed this sector into the bottom 5 group. Moving in the
opposite direction, the industrial products and business services sectors have moved up in our
rankings due to improvement in the fundamental outlook. See Tables 5 & 6 where we highlight the
most and least attractive names selected from the top-ranked and bottom-ranked sectors,
respectively.

Brian T. Hannon, CFA
Founder, Director of Quantitative Equity Research
Qubit Research, LLC
Brian Hannon began his career in the chemicals industry at the Dupont Company where he held various positions in research & development, project management, and corporate finance. While in R&D, he was awarded a patent for his role in the development of a reverse osmosis application for the production of semiconductor devices (Patent# 4,879,043: Manufacture of High Purity Hydrogen
Peroxide by Using Reverse Osmosis”). Brian made the transition to the investment management profession as a research analyst covering chemicals industry stocks in 1992 at the DuPont Pension Fund. In 1995 he joined ASB Capital Management where he developed the first version of the multi-factor model that Polaris is based on. From 1997 to 2006, Brian produced an exceptional track record while serving as a senior portfolio manager at Macquarie Investments (formerly Delaware Investment Management) on their institutional large-cap value team. In 2006, Brian founded Qubit Investments, LLC to launch an equity market neutral fund. He later became the Director of Equity Research at Sturdivant & Co. and then Quoin Capital, LLC in 2013 and 2020, respectively, which was prior to assuming his current role at Qubit Research, LLC. Brian holds a BS degree in chemical engineering and a BS in economics from Carnegie-Mellon University and has been a CFA charter holder since 1991.

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