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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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  • ValuEngine Rates Top-5 Health Care Stocks 0 comments
    Mar 15, 2013 3:13 PM | about stocks: AFFY, RPRX, AKRX, QGEN, SPPI, BSX, CELG, ACT, AZN, INFI, SRPT, LGND, SGYP, EBSB

    VALUATION WATCH: Overvalued stocks now make up almost 67% of our universe and almost 30% of the universe is calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued--14 out of 16 by double digits.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs Close

    Change

    % Change

    YTD

    DJIA

    14397.07

    14539.14

    142.07

    0.99%

    10.67%

    NASDAQ

    3237.74

    3258.93

    21.19

    0.65%

    7.74%

    RUSSELL 2000

    940.43

    953.07

    12.64

    1.34%

    12.24%

    S&P 500

    1551.15

    1563.23

    12.08

    0.78%

    9.46%

    Summary of VE Stock Universe

    Stocks Undervalued

    33.08%

    Stocks Overvalued

    66.92%

    Stocks Undervalued by 20%

    14.16%

    Stocks Overvalued by 20%

    29.55%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.94%

    4.55%

    10.92%

    11.48% overvalued

    6.44%

    14.16

    Auto-Tires-Trucks

    -0.07%

    2.73%

    8.49%

    18.88% overvalued

    3.39%

    16.03

    Basic Materials

    0.45%

    4.06%

    6.19%

    3.59% undervalued

    -27.68%

    18.52

    Business Services

    0.57%

    4.30%

    11.98%

    15.99% overvalued

    14.32%

    21.24

    Computer and Technology

    0.53%

    2.95%

    11.37%

    17.23% overvalued

    1.39%

    26.01

    Construction

    1.13%

    3.75%

    12.61%

    24.19% overvalued

    22.51%

    25.95

    Consumer Discretionary

    0.61%

    4.71%

    13.64%

    12.45% overvalued

    6.38%

    22.69

    Consumer Staples

    0.17%

    2.92%

    9.84%

    24.65% overvalued

    9.03%

    19.52

    Finance

    0.52%

    2.97%

    12.04%

    19.27% overvalued

    12.53%

    17.77

    Industrial Products

    0.74%

    4.37%

    13.42%

    18.78% overvalued

    4.65%

    18.81

    Medical

    0.33%

    3.79%

    12.04%

    11.62% overvalued

    8.70%

    23.8

    Multi-Sector Conglomerates

    0.20%

    0.90%

    4.90%

    11.25% overvalued

    5.11%

    15.6

    Oils-Energy

    0.50%

    1.89%

    8.81%

    7.83% overvalued

    -13.62%

    24.52

    Retail-Wholesale

    0.67%

    4.16%

    14.85%

    18.00% overvalued

    13.04%

    20.28

    Transportation

    0.73%

    4.63%

    19.60%

    22.66% overvalued

    5.12%

    20.58

    Utilities

    0.40%

    2.45%

    6.72%

    13.67% overvalued

    3.37%

    17.89

    Sector Talk-Health Care

    Below, we present the latest data on leading Health Care 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 Health Care Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    AFFY

    AFFYMAX INC

    3.06

    -75

    -72.46

    RPRX

    REPROS THERAPEU

    9.75

    -75

    150.64

    AKRX

    AKORN INC

    13.96

    -75

    16.92

    QGEN

    QIAGEN NV

    20.91

    -75

    43.42

    SPPI

    SPECTRUM PHARMA

    7.81

    -34.76

    -39.27

    Top-Five Health Care Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    AFFY

    AFFYMAX INC

    3.06

    -75

    -72.46

    RPRX

    REPROS THERAPEU

    9.75

    -75

    150.64

    AKRX

    AKORN INC

    13.96

    -75

    16.92

    QGEN

    QIAGEN NV

    20.91

    -75

    43.42

    SPPI

    SPECTRUM PHARMA

    7.81

    -34.76

    -39.27

    Top-Five Health Care Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    BSX

    BOSTON SCIENTIF

    7.52

    -23.57

    27.89

    CELG

    CELGENE CORP

    114.28

    -75

    50.35

    QGEN

    QIAGEN NV

    20.91

    -75

    43.42

    ACT

    ACTAVIS INC

    91.08

    0.28

    53.83

    AZN

    ASTRAZENECA PLC

    46.52

    -2.92

    3.52

    Top-Five Health Care Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    INFI

    INFINITY PHARMA

    48.66

    300

    382.74

    SRPT

    SAREPTA THERAP

    33.44

    300

    322.31

    LGND

    LIGAND PHARMA-B

    23.1

    300

    43.12

    SGYP

    SYNERGY PHARMAC

    6.01

    300

    51.39

    EBS

    EMERGENT BIOSOL

    14.85

    300

    -5.59

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

    Themes: Health Care Stocks: AFFY, RPRX, AKRX, QGEN, SPPI, BSX, CELG, ACT, AZN, INFI, SRPT, LGND, SGYP, EBSB
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