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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 Top-5 List From ValuEngine.com 0 comments
    Jul 12, 2013 3:42 PM | about stocks: FBR, SLCA, PPP, KGC, ABX, CHMT, BHP, AXLL, BZ, CDE

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 75% of our universe and 40.6% of the universe is calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs. Close

    Change

    % Change

    YTD

    DJIA

    14795.79

    15460.92

    665.13

    4.50%

    17.93%

    NASDAQ

    3326.38

    3493.81

    167.43

    5.03%

    15.23%

    RUSSELL 2000

    1007.7

    1033.18

    25.48

    2.53%

    21.78%

    S&P 500

    1634.2

    1675.02

    40.82

    2.50%

    17.30%

    Summary of VE Stock Universe

    Stocks Undervalued

    24.96%

    Stocks Overvalued

    75.04%

    Stocks Undervalued by 20%

    10.06%

    Stocks Overvalued by 20%

    40.60%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.37%

    3.56%

    24.77%

    20.13% overvalued

    28.52%

    17.76

    Auto-Tires-Trucks

    2.13%

    6.20%

    36.18%

    24.94% overvalued

    40.54%

    17.81

    Basic Materials

    2.29%

    4.23%

    0.79%

    11.39% undervalued

    -25.78%

    19.01

    Business Services

    0.85%

    3.88%

    69.32%

    16.23% overvalued

    18.79%

    23.28

    Computer and Technology

    1.35%

    4.94%

    23.78%

    20.32% overvalued

    17.90%

    30

    Construction

    1.71%

    3.79%

    27.75%

    12.69% overvalued

    33.27%

    24.36

    Consumer Discretionary

    0.70%

    3.99%

    27.60%

    24.40% overvalued

    25.43%

    24.21

    Consumer Staples

    0.96%

    3.37%

    14.61%

    21.64% overvalued

    15.09%

    21.3

    Finance

    1.05%

    5.22%

    23.04%

    17.97% overvalued

    16.92%

    17.65

    Industrial Products

    1.32%

    4.58%

    25.47%

    17.14% overvalued

    23.47%

    20.21

    Medical

    0.97%

    3.69%

    199.17%

    16.02% overvalued

    15.21%

    25.01

    Multi-Sector Conglomerates

    1.93%

    3.75%

    5.43%

    11.49% overvalued

    15.17%

    15.81

    Oils-Energy

    1.32%

    3.58%

    11.46%

    4.23% overvalued

    5.38%

    27.46

    Retail-Wholesale

    0.88%

    4.49%

    31.39%

    25.60% overvalued

    34.85%

    22.72

    Transportation

    1.15%

    2.56%

    23.40%

    16.07% overvalued

    18.75%

    21.48

    Utilities

    1.20%

    3.81%

    12.76%

    8.65% overvalued

    10.59%

    20.41

    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(%)

    FBR

    FIBRIA CELULOSE

    11.34

    -4.44

    56.85

    SLCA

    US SILICA HOLDI

    22.29

    -7.07

    119.39

    PPP

    PRIMERO MINING

    4.54

    -5.16

    76.65

    KGC

    KINROSS GOLD

    4.95

    -64.84

    -37.1

    ABX

    BARRICK GOLD CP

    15.22

    -60.72

    -56.45

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    FBR

    FIBRIA CELULOSE

    11.34

    -4.44

    56.85

    SLCA

    US SILICA HOLDI

    22.29

    -7.07

    119.39

    PPP

    PRIMERO MINING

    4.54

    -5.16

    76.65

    KGC

    KINROSS GOLD

    4.95

    -64.84

    -37.1

    ABX

    BARRICK GOLD CP

    15.22

    -60.72

    -56.45

    Top-Five Basic Materials Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    SLCA

    US SILICA HOLDI

    22.29

    -7.07

    119.39

    PPP

    PRIMERO MINING

    4.54

    -5.16

    76.65

    KGC

    KINROSS GOLD

    4.95

    -64.84

    -37.1

    FBR

    FIBRIA CELULOSE

    11.34

    -4.44

    56.85

    ABX

    BARRICK GOLD CP

    15.22

    -60.72

    -56.45

    Top-Five Basic Materials Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    CHMT

    CHEMTURA CORP

    22.13

    300

    57.51

    BHP

    BHP BILLITN LTD

    61.79

    253.4

    -2.51

    AXLL

    AXIALL CORP

    42.76

    68.55

    57.03

    BZ

    BOISE INC

    8.8

    49.5

    28.28

    CDE

    COEUR DALENE MI

    12.21

    47.64

    -22.38

    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: FBR, SLCA, PPP, KGC, ABX, CHMT, BHP, AXLL, BZ, CDE
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