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Daqo New Energy Continues To Climb

|Includes:DAQO New Energy Corp. (DQ)

VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks assigned a valuation now make up 85% of our universe and 54% of the stocks assigned a valuation are calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued--15 of them by double digits.

Sunpowered

--Daqo New Energy (NYSE:DQ) Soars for ValuEngine Market Neutral Newsletter

Daqo New Energy Corp. is engaged in the manufacture and sale of high-quality polysilicon to photovoltaic product manufacturers. The polysilicon is further processed into ingots, wafers, cells and modules for solar power solutions. Daqo New Energy Corp., formerly known as Mega Stand International Limited, is headquartered in Wanzhou, The People's Republic of China.

We are seeing some impressive performance from our long portfolios so far this month. The leader of our newsletters right now is the VE Forecast 16 Market Neutral. And, leading the long-side of that newsletter is Daqo New Energy (DQ). Since mid-December, the stock is up almost 26%. Green energy has been quietly making impressive gains despite the best efforts of opponents in the fossil fuel sectors and the US government to undercut its progress. Daqo has been on a huge run up with a LTM gain in excess of 400%.

ValuEngine continues its BUY recommendation on DAQO NEW ENERGY for 2014-01-07. Based on the information we have gathered and our resulting research, we feel that DAQO NEW ENERGY has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Company Size.

As a bonus to our Daily Bulletin readers,
we are offering a FREE DOWNLOAD of one of our Stock Reports

Read our Complete Detailed Valuation Report on Daqo New Energy HERE.

Below is today's data on DQ:


 






ValuEngine Forecast
  Target
Price*
Expected
Return
1-Month 42.33 0.95%
3-Month 43.28 3.23%
6-Month 43.60 3.99%
1-Year 46.71 11.40%
2-Year 38.55 -8.06%
3-Year 48.82 16.43%
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Valuation & Rankings
Valuation n/a Valuation Rank n/a
1-M Forecast Return 0.95% 1-M Forecast Return Rank 97
12-M Return 420.87% Momentum Rank 100
Sharpe Ratio -0.69 Sharpe Ratio Rank 11
5-Y Avg Annual Return -68.01% 5-Y Avg Annual Rtn Rank 12
Volatility 97.95% Volatility Rank 19
Expected EPS Growth n/a EPS Growth Rank n/a
Market Cap (billions) 0.29 Size Rank 50
Trailing P/E Ratio n/a Trailing P/E Rank n/a
Forward P/E Ratio n/a Forward P/E Ratio Rank n/a
PEG Ratio n/a PEG Ratio Rank n/a
Price/Sales 3.71 Price/Sales Rank 27
Market/Book 2.16 Market/Book Rank 50
Beta 2.63 Beta Rank 7
Alpha 0.25 Alpha Rank 86
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ValuEngine Market Overview

 

 

 

 

 

Summary of VE Stock Universe
Stocks Undervalued 14.88%
Stocks Overvalued 85.12%
Stocks Undervalued by 20% 4.89%
Stocks Overvalued by 20% 53.99%
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ValuEngine Sector Overview

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
Multi-Sector Conglomerates 0.28% -1.13% -1.13% 34.28% overvalued 14.97% 20.00
Computer and Technology 0.95% 0.52% 0.52% 33.22% overvalued 35.28% 31.54
Consumer Discretionary 0.38% 0.11% 0.11% 32.70% overvalued 42.15% 30.09
Transportation 0.35% -0.97% -0.97% 30.51% overvalued 36.51% 22.46
Aerospace 1.02% 1.15% 1.15% 29.54% overvalued 51.53% 18.77
Medical 1.22% 1.83% 1.83% 29.17% overvalued 40.07% 29.34
Auto-Tires-Trucks 1.13% 0.16% 0.16% 27.61% overvalued 39.99% 19.86
Business Services 0.62% -0.50% -0.50% 27.48% overvalued 37.86% 26.38
Industrial Products 0.73% -0.18% -0.18% 26.76% overvalued 35.45% 23.55
Retail-Wholesale 0.21% -0.88% -0.88% 26.46% overvalued 36.01% 24.68
Finance 0.35% -0.39% -0.39% 22.89% overvalued 14.01% 17.79
Consumer Staples 0.91% -0.51% -0.51% 22.72% overvalued 23.84% 23.65
Construction 0.39% -0.74% -0.74% 16.93% overvalued 28.55% 25.10
Oils-Energy 0.23% 0.01% 0.01% 14.72% overvalued 12.58% 26.76
Utilities 0.94% 0.01% 0.01% 12.27% overvalued 11.10% 20.34
Basic Materials -0.21% -0.02% -0.02% 7.56% overvalued -24.90% 21.35
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: DQ