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Steve Hach is the Senior Editor at ValuEngine.com, a Melbourne, Florida-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 8000 US, Canadian, and other foreign stocks. Hach utilizes ValuEngine's complex... More
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  • Basic Materials Stocks Ranked And Rated By ValuEngine.com 0 comments
    Feb 1, 2013 3:09 PM | about stocks: KGC, YONG, AEM, IAG, HMY, ABX, VALE, AU, ASH, CHMT, HL, URRE, FOE, EXK

    VALUATION WATCH: Our models find that overvaluation is at levels typically seen when a market pullback may occur. Overvalued stocks now make up 63% of our universe and 25% of the universe is calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs Close

    Change

    % Change

    YTD

    DJIA

    13895.98

    13860.6

    -35.38

    -0.25%

    5.77%

    NASDAQ

    3152.17

    3142.13

    -10.04

    -0.32%

    4.06%

    RUSSELL 2000

    905.95

    902.09

    -3.86

    -0.43%

    6.21%

    S&P 500

    1502.96

    1498.11

    -4.85

    -0.32%

    5.04%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    36.96%

    Stocks Overvalued

    63.04%

    Stocks Undervalued by 20%

    14.67%

    Stocks Overvalued by 20%

    25.26%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    -0.72%

    4.46%

    4.46%

    6.23% overvalued

    6.71%

    14.42

    Auto-Tires-Trucks

    -1.20%

    6.08%

    6.08%

    6.90% overvalued

    5.35%

    15.32

    Basic Materials

    -0.61%

    3.20%

    3.20%

    6.11% overvalued

    -22.80%

    31.44

    Business Services

    -0.59%

    5.98%

    5.98%

    10.80% overvalued

    10.96%

    30.89

    Computer and Technology

    -0.78%

    6.20%

    6.20%

    15.47% overvalued

    3.95%

    39.7

    Construction

    -1.22%

    8.53%

    8.53%

    23.85% overvalued

    30.24%

    43.44

    Consumer Discretionary

    -0.54%

    7.21%

    7.21%

    9.22% overvalued

    11.60%

    27.74

    Consumer Staples

    -0.19%

    5.13%

    5.13%

    27.46% overvalued

    13.51%

    23.81

    Finance

    -0.39%

    6.25%

    6.25%

    16.74% overvalued

    16.70%

    22.66

    Industrial Products

    -0.56%

    5.90%

    5.90%

    20.99% overvalued

    6.14%

    24.72

    Medical

    -0.64%

    6.32%

    6.32%

    16.00% overvalued

    9.64%

    31.65

    Multi-Sector Conglomerates

    -0.51%

    4.05%

    4.05%

    8.13% overvalued

    13.79%

    14.77

    Oils-Energy

    -1.04%

    7.40%

    7.40%

    6.72% overvalued

    -9.89%

    41.13

    Retail-Wholesale

    -0.67%

    6.92%

    6.92%

    15.54% overvalued

    17.83%

    36.9

    Transportation

    -1.16%

    9.98%

    9.98%

    24.13% overvalued

    6.44%

    25.76

    Utilities

    -0.68%

    4.65%

    4.65%

    7.63% overvalued

    9.13%

    17.92

    Sector Talk-Basic Materials

    Below, we present the latest data on leading Basic Materials Sector stocks from our Institutional software package (Pending:VEI). These results were filtered by market price and volume--no results below 3$/share or less than 100k shares/day volume.

    Top-Five Basic Materials Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    KGC

    KINROSS GOLD

    8.23

    -51.7

    -25.92

    YONG

    YONGYE INTL INC

    5.45

    -19.09

    32.28

    AEM

    AGNICO EAGLE

    45.83

    -27.85

    24.84

    IAG

    IAMGOLD CORP

    8.25

    -47.92

    -49.63

    HMY

    HARMONY GOLD

    6.46

    -47.43

    -45.81

    Top-Five Basic Materials Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    YONG

    YONGYE INTL INC

    5.45

    -19.09

    32.28

    KGC

    KINROSS GOLD

    8.23

    -51.7

    -25.92

    ABX

    BARRICK GOLD CP

    31.92

    -31.36

    -33.94

    VALE

    VALE SA

    20.17

    -11.06

    -15.61

    AU

    ANGLOGOLD LTD

    28.02

    -35.08

    -37.86

    Top-Five Basic Materials Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    YONG

    YONGYE INTL INC

    5.45

    -19.09

    32.28

    ASH

    ASHLAND INC

    78.51

    -4.12

    26.06

    ABX

    BARRICK GOLD CP

    31.92

    -31.36

    -33.94

    KGC

    KINROSS GOLD

    8.23

    -51.7

    -25.92

    VALE

    VALE SA

    20.17

    -11.06

    -15.61

    Top-Five Basic Materials Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    CHMT

    CHEMTURA CORP

    23.72

    300

    68.83

    HL

    HECLA MINING

    5.25

    300

    0.96

    URRE

    URANIUM RES INC

    3.22

    235.31

    -60.73

    FOE

    FERRO CORP

    5.1

    132.41

    -24.56

    EXK

    ENDEAVOUR SILVR

    6.87

    131.08

    -39.31

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: basic materials Stocks: KGC, YONG, AEM, IAG, HMY, ABX, VALE, AU, ASH, CHMT, HL, URRE, FOE, EXK
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