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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.com's Top-five Medical Stocks For Forecast, Valuation, And Composite Score 3 comments
    Aug 9, 2013 4:58 PM | about stocks: PX, GTXI, SNTS, AMRI, WLP, HUM, VRX, TEVA, ALR, ACAD, TEAR, AVNR, DRTX, SRPT

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up almost 76% of our stocks assigned a valuation and 43% 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

    15651.98

    15498.3

    -153.68

    -0.98%

    17.83%

    NASDAQ

    3682.67

    3669.12

    -13.55

    -0.37%

    21.53%

    RUSSELL 2000

    1059.09

    1049.47

    -9.62

    -0.91%

    23.63%

    S&P 500

    1708.01

    1697.48

    -10.53

    -0.62%

    18.84%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    24.17%

    Stocks Overvalued

    75.83%

    Stocks Undervalued by 20%

    10.02%

    Stocks Overvalued by 20%

    43.02%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.20%

    1.91%

    28.37%

    20.87% overvalued

    36.99%

    18.18

    Auto-Tires-Trucks

    1.34%

    1.29%

    39.57%

    26.52% overvalued

    42.27%

    18.07

    Basic Materials

    2.36%

    -0.08%

    1.91%

    9.88% undervalued

    -25.42%

    19.07

    Business Services

    0.56%

    0.59%

    74.20%

    18.17% overvalued

    26.87%

    23.53

    Computer and Technology

    0.16%

    1.39%

    29.02%

    20.98% overvalued

    23.95%

    30.14

    Construction

    0.64%

    0.64%

    31.38%

    14.64% overvalued

    34.54%

    24.29

    Consumer Discretionary

    0.38%

    1.56%

    31.26%

    24.11% overvalued

    31.93%

    24.46

    Consumer Staples

    0.60%

    1.17%

    18.59%

    20.75% overvalued

    23.94%

    22.08

    Finance

    0.35%

    0.08%

    25.12%

    18.93% overvalued

    16.74%

    17.82

    Industrial Products

    0.50%

    2.02%

    35.80%

    19.14% overvalued

    30.06%

    20.95

    Medical

    -0.12%

    1.77%

    202.47%

    18.30% overvalued

    25.24%

    26.34

    Multi-Sector Conglomerates

    0.41%

    0.63%

    5.66%

    14.35% overvalued

    13.42%

    17.52

    Oils-Energy

    0.54%

    -1.11%

    25.40%

    3.82% overvalued

    3.17%

    27.08

    Retail-Wholesale

    0.41%

    -0.26%

    33.73%

    23.45% overvalued

    36.49%

    23.27

    Transportation

    0.48%

    -0.02%

    22.77%

    21.14% overvalued

    24.43%

    20.52

    Utilities

    0.55%

    2.15%

    15.36%

    10.34% overvalued

    10.84%

    19.96

    ValuEngine Newsletters Latest Results

    VE Newsletter

    Current Month Total

    S&P 500

    Last Month Total

    S&P 500

    Since Inception

    S&P 500

    Forecast MNS

    2.99

    0.89

    3.56

    2.62

    91.13

    84.17

    Dividend Stock

    -0.28

    0.12

    8.47

    6.76

    8.47

    6.76

    Small Cap Stock

    -1.67

    0.30

    13.82

    3.9

    39.26

    22.03

    View

    0.43

    1.27

    4.51

    1.48

    75.27

    48.02

    Sector Talk-Medical

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    PLX

    PROTALIX BIOTHR

    5.19

    N/A

    -10.67

    GTXI

    GTX INC

    4.2

    -28.07

    23.17

    RHHBY

    ROCHE HLDG LTD

    63.47

    N/A

    42.15

    SNTS

    SANTARUS INC

    26.74

    6.35

    310.12

    AMRI

    ALBANY MOL RSCH

    12.15

    4.61

    299.67

    Top-Five Medical Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    PLX

    PROTALIX BIOTHR

    5.19

    N/A

    -10.67

    GTXI

    GTX INC

    4.2

    -28.07

    23.17

    RHHBY

    ROCHE HLDG LTD

    63.47

    N/A

    42.15

    SNTS

    SANTARUS INC

    26.74

    6.35

    310.12

    AMRI

    ALBANY MOL RSCH

    12.15

    4.61

    299.67

    Top-Five Medical Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    WLP

    WELLPOINT INC

    87.74

    8.88

    52.75

    HUM

    HUMANA INC NEW

    93.79

    3.43

    38.66

    VRX

    VALEANT PHARMA

    101.68

    -1.57

    101.91

    TEVA

    TEVA PHARM ADR

    39.15

    -16.12

    -2.73

    ALR

    ALERE INC

    31.29

    -10.62

    70.05

    Top-Five Medical Sector Stocks--Most Overvalued

     

     

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    ACAD

    ACADIA PHARMA

    19.78

    300

    1218.67

    TEAR

    TEARLAB CORP

    12.12

    300

    263.96

    AVNR

    AVANIR PHARM

    4.59

    300

    58.28

    DRTX

    DURATA THERAPT

    7.79

    300

    4.19

    SRPT

    SAREPTA THERAP

    36.85

    228.22

    372.44

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

    Themes: medical Stocks: PX, GTXI, SNTS, AMRI, WLP, HUM, VRX, TEVA, ALR, ACAD, TEAR, AVNR, DRTX, SRPT
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Comments (3)
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  • JJSchaible
    , contributor
    Comments (106) | Send Message
     
    Thx. So do I read correct that negative percentages (-%) are "undervalued" in your work?
    10 Aug 2013, 09:54 PM Reply Like
  • Steve Hach
    , contributor
    Comments (4) | Send Message
     
    Author’s reply » Yes JJ, that is correct. and those are on a percentage basis.
    12 Aug 2013, 03:00 PM Reply Like
  • JJSchaible
    , contributor
    Comments (106) | Send Message
     
    Excellent. Then you might find my SA article on $GTXI of interest: http://tinyurl.com/mwj...

     

    It is a rebuttal to the error filled July 10th article by TheStreet.com's Adam Feuerstein, which caused the stock to fall some 40% off its 52wk high.
    13 Aug 2013, 12:18 AM Reply Like
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