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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 Ranks And Rates Utilities 0 comments
    Oct 25, 2013 3:34 PM | about stocks: TEO, PIKE, IDT, CIG, PT, VIP, DTEGY, AES, EGN, ENLK, SRE, OGE, TWTC

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 78% of our stocks assigned a valuation and 46.5% of those equities are calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued-15 of them by double digits.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs. Close

    Change

    % Change

    YTD

    DJIA

    15401.32

    15,509.21

    107.89

    0.70%

    18.55%

    NASDAQ

    3922.65

    3,928.96

    6.31

    0.16%

    30.46%

    RUSSELL 2000

    1115.66

    1,118.84

    3.18

    0.29%

    31.32%

    S&P 500

    1745.2

    1,752.07

    6.87

    0.39%

    23.11%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    21.93%

    Stocks Overvalued

    78.07%

    Stocks Undervalued by 20%

    8.86%

    Stocks Overvalued by 20%

    46.54%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    -0.04%

    5.05%

    36.95%

    24.09% overvalued

    42.69%

    17.2

    Auto-Tires-Trucks

    0.65%

    2.07%

    50.71%

    26.27% overvalued

    56.62%

    21.68

    Basic Materials

    0.84%

    4.42%

    10.83%

    3.85% undervalued

    -23.75%

    20.46

    Business Services

    0.45%

    3.93%

    33.21%

    24.84% overvalued

    39.04%

    25.35

    Computer and Technology

    0.07%

    3.89%

    39.58%

    23.86% overvalued

    34.16%

    30.75

    Construction

    0.44%

    5.48%

    38.17%

    16.95% overvalued

    33.52%

    26.74

    Consumer Discretionary

    0.38%

    3.11%

    37.91%

    24.61% overvalued

    38.04%

    26.86

    Consumer Staples

    -0.19%

    6.29%

    26.07%

    18.36% overvalued

    25.20%

    23.86

    Finance

    0.22%

    3.68%

    26.40%

    20.24% overvalued

    17.06%

    17.91

    Industrial Products

    0.70%

    4.00%

    37.69%

    22.43% overvalued

    41.12%

    23.15

    Medical

    0.18%

    2.88%

    39.37%

    21.23% overvalued

    32.64%

    27.05

    Multi-Sector Conglomerates

    0.44%

    3.99%

    15.65%

    21.26% overvalued

    22.42%

    19.7

    Oils-Energy

    0.30%

    5.43%

    29.66%

    10.19% overvalued

    14.83%

    27.24

    Retail-Wholesale

    0.50%

    2.66%

    37.67%

    25.88% overvalued

    40.90%

    24.03

    Transportation

    0.65%

    5.12%

    35.64%

    26.05% overvalued

    37.81%

    19.27

    Utilities

    0.28%

    4.66%

    20.91%

    11.40% overvalued

    16.48%

    21.14

    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

    -1.56

    1.77

    4.08

    1.99

    112.65

    88.45

    Dividend Stock

    -0.65

    -0.15

    2.83

    3.66

    10.5

    13.03

    Small Cap Stock

    1.51

    0.42

    8.6

    2.78

    43.61

    25.8

    View

    3.35

    1.09

    6.56

    2.09

    85.63

    53.04

    Sector Talk-Utilities

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    TEO

    TELECOM ARGENTI

    19.15

    -7.75

    85.56

    PIKE

    PIKE ELECTRIC

    11.02

    0.7

    35.71

    IDT

    IDT CORP-CL B

    21.11

    N/A

    100.28

    CIG

    CEMIG SA -ADR

    9.01

    N/A

    -16.24

    PT

    PORTUGAL TELCOM

    4.85

    -45.02

    -4.53

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    TEO

    TELECOM ARGENTI

    19.15

    -7.75

    85.56

    PIKE

    PIKE ELECTRIC

    11.02

    0.7

    35.71

    IDT

    IDT CORP-CL B

    21.11

    N/A

    100.28

    CIG

    CEMIG SA -ADR

    9.01

    N/A

    -16.24

    PT

    PORTUGAL TELCOM

    4.85

    -45.02

    -4.53

    Top-Five Utilities Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    TEO

    TELECOM ARGENTI

    19.15

    -7.75

    85.56

    VIP

    VIMPELCOM LTD

    14.01

    -23.44

    30.45

    DTEGY

    DEUTSCHE TELEKM

    15.96

    -17.09

    40.25

    AES

    AES CORP

    14.07

    4.15

    34.13

    PT

    PORTUGAL TELCOM

    4.85

    -45.02

    -4.53

    Top-Five Utilities Sector Stocks--Most Overvalued

     

     

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    EGN

    ENERGEN CORP

    83.02

    66.61

    62.66

    XTEX

    CROSSTEX EGY LP

    26.73

    60.89

    63.49

    SRE

    SEMPRA ENERGY

    90.07

    51.74

    33.12

    OGE

    OGE ENERGY CORP

    36.98

    43.93

    30.3

    TWTC

    TW TELECOM INC

    31.16

    40.92

    22.34

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

    Themes: utilities Stocks: TEO, PIKE, IDT, CIG, PT, VIP, DTEGY, AES, EGN, ENLK, SRE, OGE, TWTC
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