By: Scott Davis

Analyst day was well attended, mostly long only community vs. HF’s, mostly NYC and Boston folks.  General mood among attendees was bullish – most people like this story and see good visibility on cycle ramp.  It’s no longer an out of consensus call for us, but we still like how they are positioned and the tailwinds are clear.  And importantly, cash flow is strong and dividend is top decile.

EMR Report Here