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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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  • Industrial Products Sector Stocks Ranked And Rated By ValuEngine.com 0 comments
    Apr 12, 2013 3:02 PM | about stocks: MCP, SSLT, ACCO, JOY, HDSN, VCI, CNH, DE, CAT, FES, APOG, AIN, NPO

    VALUATION WATCH: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 61% of our universe and 24% of the universe is calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued--12 out of 16 by double digits .

    MARKET OVERVIEW

    Index

    Week Open

    Thurs Close

    Change

    % Change

    YTD

    DJIA

    14565.25

    14865.1

    299.85

    2.06%

    13.44%

    NASDAQ

    3207.15

    3300.16

    93.01

    2.90%

    9.29%

    RUSSELL 2000

    925.93

    947.05

    21.12

    2.28%

    11.50%

    S&P 500

    1553.26

    1593.37

    40.11

    2.58%

    11.72%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    38.93%

    Stocks Overvalued

    61.07%

    Stocks Undervalued by 20%

    15.48%

    Stocks Overvalued by 20%

    24.27%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.67%

    1.84%

    12.95%

    12.06% overvalued

    10.53%

    15.28

    Auto-Tires-Trucks

    0.35%

    0.92%

    7.86%

    6.17% overvalued

    6.76%

    18.36

    Basic Materials

    -0.21%

    0.78%

    5.73%

    5.29% undervalued

    -26.57%

    19.63

    Business Services

    -0.03%

    -1.11%

    10.98%

    11.31% overvalued

    13.84%

    21.12

    Computer and Technology

    -0.29%

    -0.90%

    9.60%

    11.85% overvalued

    2.27%

    25.52

    Construction

    0.32%

    -0.75%

    13.76%

    18.69% overvalued

    30.98%

    24.19

    Consumer Discretionary

    0.31%

    0.79%

    15.51%

    8.27% overvalued

    12.35%

    23.03

    Consumer Staples

    0.91%

    0.63%

    11.29%

    18.08% overvalued

    11.87%

    20.4

    Finance

    0.20%

    0.84%

    13.14%

    16.34% overvalued

    15.66%

    17.81

    Industrial Products

    0.12%

    -0.81%

    13.13%

    11.02% overvalued

    7.08%

    18.12

    Medical

    0.35%

    0.36%

    12.61%

    9.62% overvalued

    13.35%

    22.88

    Multi-Sector Conglomerates

    0.60%

    0.67%

    5.83%

    4.56% overvalued

    9.21%

    15.3

    Oils-Energy

    -0.25%

    -0.46%

    7.24%

    5.50% overvalued

    -7.05%

    24.81

    Retail-Wholesale

    0.80%

    2.64%

    20.42%

    16.11% overvalued

    20.37%

    21.08

    Transportation

    0.17%

    -1.29%

    18.38%

    20.00% overvalued

    10.63%

    20.88

    Utilities

    0.66%

    1.64%

    8.39%

    11.17% overvalued

    9.12%

    18.32

    Sector Talk-Industrial Products

    Below, we present the latest data on leading Consumer Discretionary 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 Industrial Products Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    MCP

    MOLYCORP INC

    5.77

    300

    -81.79

    SLT

    STERLITE INDUST

    6.54

    N/A

    -20.44

    ACCO

    ACCO BRANDS CP

    6.62

    -14.82

    -43.37

    JOY

    JOY GLOBAL INC

    54.84

    0.99

    -25.38

    HDSN

    HUDSON TECHNOLO

    3.77

    -4.76

    30

    Top-Five Industrial Products Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    MCP

    MOLYCORP INC

    5.77

    300

    -81.79

    SLT

    STERLITE INDUST

    6.54

    N/A

    -20.44

    ACCO

    ACCO BRANDS CP

    6.62

    -14.82

    -43.37

    JOY

    JOY GLOBAL INC

    54.84

    0.99

    -25.38

    HDSN

    HUDSON TECHNOLO

    3.77

    -4.76

    30

    Top-Five Industrial Products Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    VCI

    VALASSIS COMMS

    28

    -14.85

    26.01

    CNH

    CNH GLOBAL NV

    42.23

    -22.67

    6.86

    DE

    DEERE & CO

    87.58

    0.89

    12.93

    HDSN

    HUDSON TECHNOLO

    3.77

    -4.76

    30

    CAT

    CATERPILLAR INC

    85.7

    -10.55

    -15.77

    Top-Five Industrial Products Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    MCP

    MOLYCORP INC

    5.77

    300

    -81.79

    FES

    FORBES ENERGY

    3.96

    152.98

    -21.74

    APOG

    APOGEE ENTRPRS

    25.94

    57.57

    88.79

    AIN

    ALBANY INTL A

    29.92

    55.35

    32.62

    NPO

    ENPRO INDUS INC

    49.25

    54.68

    23.53

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

    Themes: Industrial Products Stocks: MCP, SSLT, ACCO, JOY, HDSN, VCI, CNH, DE, CAT, FES, APOG, AIN, NPO
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