Seeking Alpha

Steve Hach's  Instablog

Steve Hach
Send Message
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
My company:
ValuEngine
  • Oils And Energy Stocks Top-Five Lists From ValuEngine.com 0 comments
    Jul 19, 2013 2:04 PM | about stocks: SSL, CVI, PSX, DK, TSO, FSLR, MPC, WLT, SOL, JKS, GPOR, LNG

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 76% of our stocks assigned a valuation and 41% of those equities are calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued--13 of them by double digits.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs. Close

    Change

    % Change

    YTD

    DJIA

    15459.69

    15548.54

    88.85

    0.57%

    18.37%

    NASDAQ

    3601.09

    3611.28

    10.19

    0.28%

    19.23%

    RUSSELL 2000

    1038.2

    1050.27

    12.07

    1.16%

    23.55%

    S&P 500

    1679.59

    1689.37

    9.78

    0.58%

    18.31%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    23.87%

    Stocks Overvalued

    76.13%

    Stocks Undervalued by 20%

    9.70%

    Stocks Overvalued by 20%

    43.60%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.70%

    4.36%

    25.44%

    20.81% overvalued

    32.25%

    18.02

    Auto-Tires-Trucks

    1.08%

    8.46%

    38.73%

    25.69% overvalued

    43.24%

    18.51

    Basic Materials

    0.28%

    4.60%

    1.42%

    7.66% undervalued

    -23.42%

    20.04

    Business Services

    0.85%

    4.92%

    69.46%

    16.35% overvalued

    19.21%

    23.56

    Computer and Technology

    -0.08%

    7.34%

    26.49%

    22.49% overvalued

    24.07%

    30.3

    Construction

    0.75%

    5.22%

    32.48%

    14.26% overvalued

    33.58%

    24.89

    Consumer Discretionary

    0.20%

    5.20%

    28.79%

    25.11% overvalued

    28.82%

    24.61

    Consumer Staples

    0.62%

    4.66%

    15.80%

    21.77% overvalued

    17.16%

    21.63

    Finance

    0.71%

    7.56%

    25.84%

    18.88% overvalued

    17.82%

    17.95

    Industrial Products

    0.44%

    5.93%

    26.82%

    17.94% overvalued

    25.87%

    20.59

    Medical

    0.38%

    7.66%

    203.21%

    18.32% overvalued

    20.40%

    25.25

    Multi-Sector Conglomerates

    0.43%

    4.87%

    6.60%

    11.93% overvalued

    18.19%

    17.2

    Oils-Energy

    0.40%

    5.73%

    13.77%

    5.01% overvalued

    7.40%

    27.43

    Retail-Wholesale

    0.50%

    5.36%

    32.64%

    25.37% overvalued

    36.88%

    22.92

    Transportation

    1.27%

    4.72%

    26.28%

    16.35% overvalued

    20.13%

    20.62

    Utilities

    0.89%

    6.50%

    16.88%

    9.45% overvalued

    10.24%

    21.04

    Sector Talk-Oils/Energy

    Below, we present the latest data on leading Oils/Energy 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 Oils/Energy Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    SSL

    SASOL LTD -ADR

    45.06

    N/A

    4.77

    CVI

    CVR ENERGY INC

    45.78

    4.75

    59.23

    PSX

    PHILLIPS 66

    56.92

    -4.04

    53.42

    DK

    DELEK US HLDGS

    27.38

    8.04

    40.19

    TSO

    TESORO CORP

    51.1

    17.29

    82.57

    Top-Five Oils/Energy Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    SSL

    SASOL LTD -ADR

    45.06

    N/A

    4.77

    CVI

    CVR ENERGY INC

    45.78

    4.75

    59.23

    PSX

    PHILLIPS 66

    56.92

    -4.04

    53.42

    TSO

    TESORO CORP

    51.1

    17.29

    82.57

    DK

    DELEK US HLDGS

    27.38

    8.04

    40.19

    Top-Five Oils/Energy Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    FSLR

    FIRST SOLAR INC

    48.86

    -32.52

    237.66

    PSX

    PHILLIPS 66

    56.92

    -4.04

    53.42

    MPC

    MARATHON PETROL

    68.29

    -8.35

    45.83

    CVI

    CVR ENERGY INC

    45.78

    4.75

    59.23

    TSO

    TESORO CORP

    51.1

    17.29

    82.57

    Top-Five Oils/Energy Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    WLT

    WALTER ENERGY

    13.56

    300

    -63.79

    SOL

    RENESOLA LT-ADR

    3.73

    274.12

    168.35

    JKS

    JINKOSOLAR HLDG

    12.18

    150.79

    283.02

    GPOR

    GULFPORT ENGY

    50.88

    132.93

    143.1

    LNG

    CHENIERE ENERGY

    30.15

    127.75

    122.18

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

    Themes: energy stocks Stocks: SSL, CVI, PSX, DK, TSO, FSLR, MPC, WLT, SOL, JKS, GPOR, LNG
Back To Steve Hach's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.