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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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  • Basic Materials Top-Five Stock Lists From ValuEngine.com 0 comments
    Aug 26, 2013 10:10 AM

    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 44% 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

    15076.79

    14963.74

    -113.05

    -0.75%

    14.28%

    NASDAQ

    3601.88

    3638.71

    36.83

    1.02%

    20.91%

    RUSSELL 2000

    1024

    1036.2

    12.2

    1.19%

    22.01%

    S&P 500

    1655.25

    1656.96

    1.71

    0.10%

    16.29%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    24.12%

    Stocks Overvalued

    75.88%

    Stocks Undervalued by 20%

    9.54%

    Stocks Overvalued by 20%

    43.01%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.56%

    1.16%

    27.97%

    23.16% overvalued

    32.81%

    17.69

    Auto-Tires-Trucks

    0.19%

    3.49%

    42.17%

    29.72% overvalued

    44.77%

    20.09

    Basic Materials

    1.45%

    5.13%

    5.28%

    2.37% undervalued

    -22.30%

    19.56

    Business Services

    0.13%

    -0.20%

    71.62%

    20.75% overvalued

    24.97%

    23.46

    Computer and Technology

    0.40%

    0.42%

    27.94%

    22.96% overvalued

    23.10%

    29.83

    Construction

    -0.36%

    -0.66%

    26.31%

    17.28% overvalued

    31.66%

    24.45

    Consumer Discretionary

    0.15%

    1.13%

    30.41%

    24.89% overvalued

    27.50%

    24.62

    Consumer Staples

    0.33%

    -0.81%

    16.15%

    18.55% overvalued

    17.03%

    21.89

    Finance

    0.16%

    -0.63%

    24.16%

    19.62% overvalued

    14.99%

    17.53

    Industrial Products

    0.20%

    2.77%

    34.72%

    22.13% overvalued

    26.86%

    21.9

    Medical

    0.30%

    1.75%

    197.33%

    20.99% overvalued

    22.94%

    25.55

    Multi-Sector Conglomerates

    0.41%

    0.46%

    6.66%

    25.96% overvalued

    15.06%

    17.26

    Oils-Energy

    0.77%

    -0.89%

    22.91%

    6.21% overvalued

    2.63%

    26.46

    Retail-Wholesale

    -0.35%

    -2.02%

    30.99%

    24.70% overvalued

    35.30%

    23.38

    Transportation

    0.56%

    0.56%

    21.69%

    21.63% overvalued

    24.33%

    19.24

    Utilities

    0.19%

    -0.58%

    12.31%

    9.16% overvalued

    7.11%

    18.79

    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(%)

    SLCA

    US SILICA HOLDI

    22.89

    -7.07

    84.45

    KGC

    KINROSS GOLD

    5.67

    -58.84

    -35.35

    SID

    CIA SIDERUR-ADR

    3.74

    69.01

    -33.09

    AWC

    ALUMINA LTD

    3.53

    N/A

    15.74

    HCLP

    HI-CRUSH PTNRS

    23.86

    N/A

    23.76

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    SLCA

    US SILICA HOLDI

    22.89

    -7.07

    84.45

    KGC

    KINROSS GOLD

    5.67

    -58.84

    -35.35

    SID

    CIA SIDERUR-ADR

    3.74

    69.01

    -33.09

    AWC

    ALUMINA LTD

    3.53

    N/A

    15.74

    HCLP

    HI-CRUSH PTNRS

    23.86

    N/A

    23.76

    Top-Five Basic Materials Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    SLCA

    US SILICA HOLDI

    22.89

    -7.07

    84.45

    KGC

    KINROSS GOLD

    5.67

    -58.84

    -35.35

    LYB

    LYONDELLBASEL-A

    69.5

    14.55

    43.06

    PPP

    PRIMERO MINING

    5.29

    -5.16

    23.02

    POT

    POTASH SASK

    29.66

    -25.17

    -30.26

    Top-Five Basic Materials Sector Stocks--Most Overvalued

     

     

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    CHMT

    CHEMTURA CORP

    22.98

    300

    38.94

    BHP

    BHP BILLITN LTD

    64.62

    253.4

    -7.29

    KRA

    KRATON PERFORM

    19.11

    182.6

    -11.61

    CDE

    COEUR DALENE MI

    15.85

    150.31

    -28.28

    AXLL

    AXIALL CORP

    41.97

    71.84

    6.66

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

    Themes: basic materials
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