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Steve Hach
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Steve Hach is the Senior Editor at ValuEngine.com, a Melbourne, Florida-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 8000 US, Canadian, and other foreign stocks. Hach utilizes ValuEngine's complex... More
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  • Brocade Communciations Upgraded To STRONG BUY And Transportation Stocks Ranked By ValuEngine.com 0 comments
    May 2, 2014 2:21 PM | about stocks: ANW, CPA, SBLK, TDW, MATX, TRN, FDX, AL, YRCW, DHT, HA, DAL, GBX, BRCD

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 72.63% of our stocks assigned a valuation and 28.74% of those equities are calculated to be overvalued by 20% or more. Fourteen sectors are calculated to be overvalued by double digits.

    ValuEngine Index Overview

     

     

     

     

     

    IndexWeek OpenThurs. CloseChange% ChangeYTD
    DJIA16363.216558.87195.671.20%-0.18%
    NASDAQ4091.814127.4535.640.87%-1.01%
    RUSSELL 20001127.181125.97-1.21-0.11%-2.69%
    S&P 50018651883.6818.681.00%1.96%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued27.37%
    Stocks Overvalued72.63%
    Stocks Undervalued by 20%7.67%
    Stocks Overvalued by 20%28.74%
    ValuEngine Sector Overview

     
















    SectorChangeMTDYTDValuationLast 12-MReturnP/E Ratio
    Auto-Tires-Trucks0.26%0.29%4.20%27.49% overvalued37.79%19.28
    Transportation0.20%0.39%1.92%24.88% overvalued33.23%22.55
    Multi-Sector Conglomerates0.07%0.09%1.13%23.23% overvalued14.40%17.99
    Oils-Energy-0.48%-0.40%6.78%20.66% overvalued25.84%27.72
    Consumer Staples-0.10%-0.07%-0.05%19.11% overvalued20.48%24.55
    Aerospace0.06%0.07%0.36%18.33% overvalued40.44%20.00
    Computer and Technology0.06%0.16%-0.45%15.93% overvalued27.94%29.57
    Industrial Products-0.37%-0.32%-0.97%15.84% overvalued26.43%22.71
    Utilities0.21%0.23%1.88%15.78% overvalued9.63%22.57
    Business Services-0.43%-0.36%-0.20%15.07% overvalued27.49%27.03
    Consumer Discretionary-0.28%-0.16%-3.50%14.12% overvalued26.01%27.41
    Retail-Wholesale-0.14%-0.09%-4.12%13.89% overvalued17.57%25.18
    Medical0.41%0.51%3.81%13.41% overvalued34.71%29.15
    Finance0.06%0.10%0.67%12.24% overvalued9.10%17.51
    Construction0.56%0.82%0.54%9.02% overvalued23.62%24.14
    Basic Materials-0.71%-0.65%3.30%7.31% overvalued-0.15%25.00

    ValuEngine Newsletters Latest Results

     

     

     

     

     

    VE NewsletterCurrent ResultsS&P 500Last Month TotalS&P 500Since InceptionS&P 500
    Forecast MNS-6.812.220.52-0.8598.33101.74
    Dividend Stock-0.790.462.230.5218.7620.81
    Small Cap Stock-0.750.64-5.910.7830.4134.97
    View0.731.161.72-0.53101.5964.45

    ValuEngine's Newsletters Beat the Market

    With our Investment Newsletters, Subscribers Harness the Power of all of ValuEngine.com's Extensively Tracked and Tested Portfolio Strategies in an Easy to Follow Format.

    Let ValuEngine Optimize your Portfolio and Provide Rational Advice for Smarter Investing

    Click HERE to Check Out ValuEngine's Investment Newsletters

    Free Download for Readers

    As a bonus to our Free Weekly Newsletter subscribers,
    we are offering a FREE DOWNLOAD of one of our Stock Reports

    Brocade Communications Systems, Inc. delivers industry-leading platforms, solutions, and services for intelligently connecting, managing, and optimizing IT resources in shared storage environments. The world's premier systems, server, and storage providers offer the Brocade SilkWorm family of Storage Area Network connectivity platforms as the foundation for shared storage in organizations of all sizes. In addition, the Brocade Tapestry family of IT infrastructure solutions extends the ability to proactively manage and optimize application and information resources across the enterprise. Using Brocade solutions, organizations are better positioned to reduce cost, manage complexity, and satisfy business compliance requirements through optimized use and management of their IT resources.

    ValuEngine updated its recommendation from BUY to STRONG BUY for Brocade Communications Systems on 2014-05-01. Based on the information we have gathered and our resulting research, we feel that Brocade Communications Systems has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Momentum.

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

    Read our Complete Detailed Valuation Report on Brocade Communications HERE.

    Sector Talk--Transportation

    Below, we present the latest data on Transportation stocks from our Institutional software package (Pending:VEI). Top five lists are provided for each category. We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares.

    Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.

    Top-Five Transportation Stocks--Short-Term Forecast Returns

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    ANWAEGEAN MARINE9.16-2.9356.31
    CPACOPA HLDGS SA-A136.49-5.758.28
    SBLKSTAR BULK CARRS12.11-45.2293.76
    TDWTIDEWATER INC49.66-6.25-3.54
    MATXMATSON INC23.81-21.213.57

    Top-Five Transportation Stocks--Long-Term Forecast Returns

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    ANWAEGEAN MARINE9.16-2.9356.31
    CPACOPA HLDGS SA-A136.49-5.758.28
    SBLKSTAR BULK CARRS12.11-45.2293.76
    TDWTIDEWATER INC49.66-6.25-3.54
    MATXMATSON INC23.81-21.213.57

    Top-Five Transportation Stocks--Composite Score

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    CPACOPA HLDGS SA-A136.49-5.758.28
    TRNTRINITY INDS IN74.2913.8184.66
    ANWAEGEAN MARINE9.16-2.9356.31
    FDXFEDEX CORP136.241.6148.09
    ALAIR LEASE CORP35.810.4231.22

    Top-Five Transportation Stocks--Most Overvalued

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    YRCWYRC WORLDWD INC20.94300179.57
    DHTDHT HOLDINGS7.74208.8580.84
    HAHAWAIIAN HLDGS14.9103.86175.42
    DALDELTA AIR LINES37.1283.73120.43
    GBXGREENBRIER COS51.1176.45133.91

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

    Themes: Transports Stocks: ANW, CPA, SBLK, TDW, MATX, TRN, FDX, AL, YRCW, DHT, HA, DAL, GBX, BRCD
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