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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 Ranks And Rates Autos/Tires/Truck Stocks 0 comments
    Dec 13, 2013 3:40 PM | about stocks: CTB, WPRT, GT, LKQ, HOG, TOWR, VC, MGA, CAAS, MTOR, NAV, MPAA, DORM

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 82% of our stocks assigned a valuation and almost 49% of those equities are calculated to be overvalued by 20% or more. Fifteen of sixteen sectors are calculated to be overvalued--15 of them by double digits.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs. Close

    Change

    % Change

    YTD

    DJIA

    16019.49

    15739.4

    -280.09

    -1.75%

    20.11%

    NASDAQ

    4073.75

    3998.4

    -75.35

    -1.85%

    32.42%

    RUSSELL 2000

    1132.9

    1103.27

    -29.63

    -2.62%

    29.90%

    S&P 500

    1806.21

    1775.5

    -30.71

    -1.70%

    24.49%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    17.87%

    Stocks Overvalued

    82.13%

    Stocks Undervalued by 20%

    6.89%

    Stocks Overvalued by 20%

    48.73%

    SECTOR OVERVIEW

     

     

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.60%

    -0.84%

    37.62%

    24.95% overvalued

    48.41%

    17.72

    Auto-Tires-Trucks

    -0.33%

    -1.92%

    51.42%

    26.41% overvalued

    46.86%

    19.96

    Basic Materials

    -0.56%

    -3.24%

    6.60%

    1.29% undervalued

    -25.99%

    19.51

    Business Services

    0.08%

    -1.79%

    35.25%

    24.62% overvalued

    37.07%

    25.4

    Computer and Technology

    -0.70%

    -2.64%

    41.58%

    27.76% overvalued

    32.87%

    30.8

    Construction

    0.12%

    -2.70%

    34.87%

    16.16% overvalued

    31.44%

    23.71

    Consumer Discretionary

    -0.28%

    -1.62%

    40.74%

    26.99% overvalued

    41.27%

    29.14

    Consumer Staples

    -0.49%

    -1.92%

    27.06%

    23.06% overvalued

    24.52%

    23.3

    Finance

    -0.01%

    -1.58%

    26.13%

    21.50% overvalued

    15.15%

    17.64

    Industrial Products

    -0.03%

    -1.85%

    40.53%

    24.18% overvalued

    39.85%

    23.14

    Medical

    -0.54%

    -2.72%

    38.77%

    25.06% overvalued

    36.24%

    29.03

    Multi-Sector Conglomerates

    -0.24%

    -2.56%

    13.58%

    35.38% overvalued

    19.57%

    19.17

    Oils-Energy

    0.03%

    -3.78%

    22.15%

    10.65% overvalued

    13.13%

    25.87

    Retail-Wholesale

    -0.11%

    -2.89%

    38.68%

    23.01% overvalued

    37.03%

    24.61

    Transportation

    0.12%

    -2.35%

    33.17%

    24.88% overvalued

    42.84%

    21.39

    Utilities

    0.28%

    -2.45%

    15.60%

    11.41% overvalued

    11.74%

    19.55

    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

    -0.42

    -0.52

    -0.72

    4.07

    102.85

    92.29

    Dividend Stock

    -3.46

    -1.50

    -0.32

    2.72

    12.02

    7.12

    Small Cap Stock

    -5.93

    -0.33

    -3.53

    2.1

    27.58

    24.97

    View

    0.85

    -0.69

    2.33

    3.16

    78.26

    54.64

    Sector Talk-Autos,Tires,Trucks

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    CTB

    COOPER TIRE

    23.89

    4.32

    -3.75

    WPRT

    WESTPORT INNOV

    18.25

    -16.52

    -35.24

    GT

    GOODYEAR TIRE

    22.33

    60.86

    69.94

    LKQ

    LKQ CORP

    33.24

    42.72

    56.35

    HOG

    HARLEY-DAVIDSON

    68.23

    32.15

    38.68

    Top-Five Autos,Tires,Truck Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    CTB

    COOPER TIRE

    23.89

    4.32

    -3.75

    WPRT

    WESTPORT INNOV

    18.25

    -16.52

    -35.24

    GT

    GOODYEAR TIRE

    22.33

    60.86

    69.94

    LKQ

    LKQ CORP

    33.24

    42.72

    56.35

    HOG

    HARLEY-DAVIDSON

    68.23

    32.15

    38.68

    Top-Five Autos,Tires,Truck Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    CTB

    COOPER TIRE

    23.89

    4.32

    -3.75

    TOWR

    TOWER INTL INC

    20.35

    -1.59

    159.9

    VC

    VISTEON CORP

    77.14

    5.93

    50.81

    MGA

    MAGNA INTL CL A

    77.65

    20.26

    61.37

    CAAS

    CHINA AUTO SYS

    7.62

    -28.98

    54.88

    Top-Five Autos,Tires,Truck Sector Stocks--Most Overvalued

     

     

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    MTOR

    MERITOR INC

    7.65

    107.12

    67.03

    NAV

    NAVISTAR INTL

    39.6

    94.44

    77.02

    MPAA

    MOTORCAR PARTS

    18.88

    71.39

    210.53

    GT

    GOODYEAR TIRE

    22.33

    60.86

    69.94

    DORM

    DORMAN PRODUCTS

    54.56

    46.04

    57.28

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

    Stocks: CTB, WPRT, GT, LKQ, HOG, TOWR, VC, MGA, CAAS, MTOR, NAV, MPAA, DORM
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