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Steve Hach is the Senior Editor at ValuEngine.com, a Newtown, Pennsylvania-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 7000 US, Japanese, and Canadian, and other foreign stocks. Hach utilizes... More
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  • Chemtura (CHMT, $CHMT) Leads ValuEngine.com Short-Term Forecast Screen
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    April 21, 2011 Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE

     

    Short-Term Leader

     Chemtura (CHMT, $CHMT) Leads ValuEngine.com Short-Term Forecast Screen

     Chemtura Corporation is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products.

      A screen for undervalued/top-ranked one-month forecast stocks with market prices in excess of $3.00 and average volume in excess of 100k shares/day performed with our Institutional software package (Pending:VEI) found Chemtura Corporation near the top of the list. Chemtura Corporation  reports Q1 2011 earnings on May 5th after the close.

    Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.

     ValuEngine has issued a STRONG BUY recommendation for Chemtura Corporation on Apr. 21, 2011. Based on the information we have gathered and our resulting research, we feel that Chemtura Corporation has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E ratio, price/sales ratio and market valuation.

     Based on available data as of Apr. 21, 2011, we believe that CHMT should be trading at $70.08. This makes CHMT 75.00% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For CHMT, we base this on actual earnings per share (NYSEARCA:EPS) for the previous four quarters of $18.17, forecasted EPS for the next four quarters of $1.20, and correlations to the 30- year Treasury bond yield of 4.45%.

     Subscribers can check out the latest figures on Chemtura Corporation from our models HERE.  

     

     

    Market Indices Data
      Latest Change YTD
    Dow Jones
    12,485.80 32.24 7.85%
    NASDAQ Composite
    2,818.99 16.48 6.26%
    Russell 2000
    843.11 3.66 7.59%
    S&P 500
    1,336.49 6.13 6.27%

     

    ValuEngine Market Overview
    Summary of VE Stock Universe
    Stocks Undervalued
    40.97%
    Stocks Overvalued
    59.03%
    Stocks Undervalued by 20%
    17.24%
    Stocks Overvalued by 20%
    27.09%
    ValuEngine Sector Overview
    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Oils-Energy 1.43% -2.92% 10.32% 19.56% overvalued 36.10% 47.54
    Multi-Sector Conglomerates 1.53% -0.23% 4.55% 14.60% overvalued 23.60% 30.26
    Transportation 0.92% -2.39% -1.00% 11.39% overvalued 11.92% 21.66
    Utilities 1.25% 0.10% 5.08% 10.84% overvalued 16.12% 21.54
    Basic Materials 1.78% -0.81% 0.23% 9.45% overvalued 45.56% 25.71
    Consumer Staples 0.13% -0.50% -0.97% 9.22% overvalued 12.21% 19.27
    Industrial Products 1.75% -1.45% 5.94% 8.56% overvalued 20.29% 30.24
    Business Services 1.40% -0.24% 5.53% 8.35% overvalued 10.26% 50.96
    Aerospace 1.54% -2.14% 13.48% 7.79% overvalued 16.46% 19.18
    Computer and Technology 1.68% -0.25% 11.63% 7.64% overvalued 24.21% 45.62
    Retail-Wholesale 1.57% 0.81% 6.27% 7.18% overvalued 16.03% 29.35
    Finance 0.90% -1.43% 2.00% 6.10% overvalued 3.70% 25.83
    Auto-Tires-Trucks 2.90% -1.94% -4.24% 5.80% overvalued 28.84% 20.22
    Construction 1.33% -1.62% 0.74% 4.96% overvalued 0.19% 34.19
    Consumer Discretionary 1.53% 1.09% 6.63% 4.84% overvalued 10.38% 33.21
    Medical 1.14% 1.13% 13.52% 2.83% overvalued 10.36% 38.10

     

    Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE    

     
     
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    Tags: CHMT
    Apr 21 3:07 PM | Link | Comment!
  • Apple (AAPL, $AAPL) Reports After Close, ValuEngine.com Rates it a BUY
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    April 20, 2011 Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE

     

    Earnings Season Continues

     Apple (AAPL, $AAPL) Reports After Close, ValuEngine.com Rates it a BUY

     Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. 

     Apple reports after the close today and analysts expect strong numbers.  Also of note is the company's huge cash stockpile.  According to the WSJ, Apple is sitting on almost $60 Billion which Steve Jobs keeps on hand to exploit any strategic opportunities which may arise--acquisitions, mergers, technologies, etc.  Apple remains the #2 company in the US--second only to Exxon-Mobil.

    Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.

     ValuEngine has issued a BUY recommendation for Apple Computer, Inc. on Apr. 20, 2011. Based on the information we have gathered and our resulting research, we feel that Apple Computer, Inc. has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE company size, risk and 5-year annualized return.

     Based on available data as of Apr. 20, 2011, we believe that AAPL should be trading at $366.04. This makes AAPL 7.70% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For AAPL, we base this on actual earnings per share (NYSEARCA:EPS) for the previous four quarters of $19.87, forecasted EPS for the next four quarters of $24.78, and correlations to the 30- year Treasury bond yield of 4.43%.

    Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE

     

     

    Market Indices Data
      Latest Change YTD
    Dow Jones
    12,435.40 168.63 7.41%
    NASDAQ Composite
    2,794.08 49.11 5.32%
    Russell 2000
    834.79 11.78 6.53%
    S&P 500
    1,328.34 15.72 5.62%

     

    ValuEngine Market Overview
    Summary of VE Stock Universe
    Stocks Undervalued
    44%
    Stocks Overvalued
    56%
    Stocks Undervalued by 20%
    18.15%
    Stocks Overvalued by 20%
    25.06%
    ValuEngine Sector Overview
    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Oils-Energy 0.34% -4.33% 8.72% 17.10% overvalued 35.14% 46.82
    Multi-Sector Conglomerates -0.16% -2.20% 2.59% 12.33% overvalued 22.68% 29.57
    Transportation 0.40% -3.34% -2.00% 10.03% overvalued 11.37% 21.35
    Utilities 0.15% -1.15% 3.78% 9.02% overvalued 15.65% 21.22
    Consumer Staples 0.18% -0.83% -1.32% 8.29% overvalued 13.09% 19.31
    Basic Materials 0.84% -2.60% -1.60% 7.12% overvalued 43.97% 25.25
    Business Services 0.03% -1.66% 4.05% 6.64% overvalued 9.88% 50.20
    Industrial Products 0.74% -3.21% 4.07% 6.55% overvalued 19.44% 29.78
    Aerospace 0.22% -3.64% 11.89% 5.73% overvalued 16.00% 18.88
    Retail-Wholesale -0.10% -0.81% 4.62% 5.23% overvalued 15.36% 28.85
    Computer and Technology 0.43% -1.94% 9.77% 5.13% overvalued 23.75% 44.82
    Finance 0.15% -2.35% 1.05% 4.87% overvalued 3.69% 25.63
    Construction 1.06% -2.79% -0.57% 3.41% overvalued 1.01% 33.65
    Auto-Tires-Trucks 1.62% -4.82% -7.13% 3.09% overvalued 27.17% 19.86
    Consumer Discretionary 0.23% -0.63% 4.77% 2.99% overvalued 9.95% 32.92
    Medical 0.35% -0.02% 12.24% 1.26% overvalued 10.55% 37.72

     

        Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE

     

     

     

     
     
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    Apr 20 2:06 PM | Link | Comment!
  • Goldman Sachs (GS,$GS) Beats Expectations but Profits Down Due to Dividend, ValuEngine Models Remain Neutral on the Finance Giant
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    April 19, 2011 Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE

     

    Earnings Season Continues

    Goldman Sachs (GS,$GS) Beats Expectations but Profits Down Due to Dividend, ValuEngine Models Remain Neutral on the Finance Giant

      Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals.

      Infamously branded a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money," by Rolling Stone Magazine's Matt Taibbi, Goldman seems to have weathered the financial crisis better than its competitors and would have made significant profits last quarter had it not been paying off obligations to prominent investors like Warren Buffett--whose Berkshire Hathaway provided a major infusion of cash to the bank at the depths of the housing market blow up.  The preferred dividend totaled $1.64 billion and held the company back for the quarter.  Goldman also lost the golden touch it possessed in its trading operations a few quarters ago--when it never suffered a single day loss--and saw revenues fall more from 24-28% in its fixed income, currency, commodities, and equities trading arms.

      ValuEngine has issued a HOLD recommendation for Goldman Sachs on Apr. 19, 2011. Based on the information we have gathered and our resulting research, we feel that Goldman Sachs has the probability to ROUGHLY MATCH average market performance for the next year. The company exhibits ATTRACTIVE company size and P/E ratio, but UNATTRACTIVE momentum and price/sales ratio.

      Based on available data as of Apr. 19, 2011, we believe that GS should be trading at $157.59. This makes GS 2.42% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For GS, we base this on actual earnings per share (NYSEARCA:EPS) for the previous four quarters of $13.51, forecasted EPS for the next four quarters of $17.75, and correlations to the 30- year Treasury bond yield of 4.45%.

    Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE

     

     

    Market Indices Data
      Latest Change YTD
    Dow Jones
    12,239.80 38.18 5.72%
    NASDAQ Composite
    2,737.59 2.21 3.19%
    Russell 2000
    820.62 -0.89 4.72%
    S&P 500
    1,308.87 3.73 4.07%

     

    ValuEngine Market Overview
    Summary of VE Stock Universe
    Stocks Undervalued
    44.5%
    Stocks Overvalued
    55.5%
    Stocks Undervalued by 20%
    18.02%
    Stocks Overvalued by 20%
    24.85%
    ValuEngine Sector Overview
    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Oils-Energy -1.88% -4.74% 8.21% 17.15% overvalued 34.74% 46.76
    Multi-Sector Conglomerates -1.21% -2.12% 2.67% 12.19% overvalued 22.29% 29.64
    Transportation -1.68% -3.77% -2.41% 10.09% overvalued 11.03% 21.32
    Utilities -1.31% -1.31% 3.59% 9.24% overvalued 15.17% 21.28
    Consumer Staples -0.59% -0.90% -1.27% 8.41% overvalued 12.44% 19.25
    Business Services -1.23% -1.69% 3.99% 6.94% overvalued 10.12% 50.22
    Basic Materials -1.71% -3.44% -2.40% 6.82% overvalued 42.36% 25.06
    Industrial Products -1.27% -3.91% 3.25% 5.99% overvalued 17.88% 29.62
    Aerospace -1.48% -3.85% 11.62% 5.68% overvalued 15.09% 18.89
    Retail-Wholesale -0.82% -0.78% 4.61% 5.39% overvalued 14.54% 28.87
    Finance -1.36% -2.52% 0.83% 5.03% overvalued 3.77% 25.63
    Computer and Technology -1.56% -2.48% 9.11% 5.03% overvalued 22.36% 44.64
    Construction -1.14% -3.84% -1.57% 3.20% overvalued 0.20% 33.55
    Consumer Discretionary -1.08% -0.93% 4.50% 3.07% overvalued 9.85% 32.73
    Auto-Tires-Trucks -1.58% -6.42% -8.58% 2.20% overvalued 25.65% 19.60
    Medical -1.17% -0.40% 11.71% 1.22% overvalued 10.42% 37.72

     

       

     

     

     

     
     
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    Apr 19 2:08 PM | Link | Comment!
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