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Steve Hach
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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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  • Amazon Still A Sell According To ValuEngine.com 0 comments
    Jun 20, 2014 2:14 PM | about stocks: PTIE, VRX, GILD, ALR, UTHR, ADXS, AGN, IDIX, ANIP, ALNY, ABUS, ACAD, AMZN

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 77.39% of our stocks assigned a valuation and 36.46% of those equities are calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued--fourteen by double digits.

    ValuEngine Index Overview

     

     

     

     

     

    Index Week Open Friday AM Change % Change YTD
    DJIA 16765.56 16921.5 155.94 0.93% 2.08%
    NASDAQ 4303.93 4359.33 55.4 1.29% 4.38%
    RUSSELL 2000 1162.02 1184.03 22.01 1.89% 1.75%
    S&P 500 1934.84 1959.48 24.64 1.27% 6.01%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued 22.61%
    Stocks Overvalued 77.39%
    Stocks Undervalued by 20% 7.32%
    Stocks Overvalued by 20% 36.46%
    ValuEngine Sector Overview

     
















    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Transportation 0.11% 2.25% 6.13% 23.89% overvalued 34.14% 24.54
    Auto-Tires-Trucks -0.33% 2.15% 6.29% 23.62% overvalued 25.10% 17.40
    Medical 0.04% 3.70% 10.34% 21.06% overvalued 36.45% 28.95
    Consumer Staples 0.14% 1.83% 5.62% 20.03% overvalued 19.20% 25.15
    Multi-Sector Conglomerates 0.25% 2.30% 4.66% 19.55% overvalued 14.99% 20.85
    Oils-Energy 0.38% 5.27% 12.96% 18.46% overvalued 26.56% 30.16
    Computer and Technology -0.22% 4.32% 5.13% 18.08% overvalued 21.63% 31.60
    Industrial Products 0.31% 3.45% 1.64% 15.04% overvalued 22.14% 24.29
    Aerospace 0.25% 1.27% 3.45% 14.19% overvalued 31.26% 20.26
    Utilities -0.08% 2.07% 7.20% 13.92% overvalued 19.88% 21.02
    Finance -0.03% 1.88% 3.60% 13.88% overvalued 12.02% 18.09
    Consumer Discretionary 0.09% 1.79% -2.44% 13.10% overvalued 19.86% 28.30
    Retail-Wholesale -0.18% 1.33% -3.37% 12.42% overvalued 10.44% 25.66
    Business Services 0.14% 1.85% -0.12% 10.67% overvalued 25.20% 26.44
    Construction 0.21% 1.41% 1.98% 6.36% overvalued 16.77% 23.94
    Basic Materials 1.10% 5.04% 5.95% 4.23% overvalued 4.83% 26.73
    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

    Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. The company lists unique items in categories such as books, music, DVDs, videos, consumer electronics, toys, camera and photo items, software, computer and video games, tools and hardware, lawn and patio items, kitchen products, and wireless products.

    Amazon was in the news this week with a new business venture that seems just a bit more "real" than the Black Friday PR stunt concerning drone delivery, the creation of the Fire Smart Phone. For now, our models remain unimpressed. The company is still rated a sell, as it has been for much of 2014.

    ValuEngine continues its SELL recommendation on AMAZON.COM INC for 2014-06-19. Based on the information we have gathered and our resulting research, we feel that AMAZON.COM INC has the probability to UNDERPERFORM average market performance for the next year. The company exhibits UNATTRACTIVE Book Market Ratio and P/E Ratio.

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

    Read our Complete Detailed Valuation Report on Amazon.com HERE.

    Sector Talk--Medical

    Below, we present the latest data on Medical 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.

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

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    PTIE PAIN THERAPEUT 5.38 4.26 127
    VRX VALEANT PHARMA 117.55 -13.73 36.04
    GILD GILEAD SCIENCES 79.78 -24.18 57.67
    ALR ALERE INC 36.61 -1.46 45.34
    UTHR UTD THERAPEUTIC 87.02 -7.26 33.9

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

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    PTIE PAIN THERAPEUT 5.38 4.26 127
    VRX VALEANT PHARMA 117.55 -13.73 36.04
    GILD GILEAD SCIENCES 79.78 -24.18 57.67
    ALR ALERE INC 36.61 -1.46 45.34
    UTHR UTD THERAPEUTIC 87.02 -7.26 33.9

    Top-Five Medical Stocks--Composite Score

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    ADXS ADVAXIS INC 3.11 N/A -36.21
    VRX VALEANT PHARMA 117.55 -13.73 36.04
    GILD GILEAD SCIENCES 79.78 -24.18 57.67
    ACT ACTAVIS PLC 215.25 4.75 74
    ALR ALERE INC 36.61 -1.46 45.34

    Top-Five Medical Stocks--Most Overvalued

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    IDIX IDENIX PHARMA 23.99 300 353.5
    ANIP ANI PHARMACEUT 35.47 300 384.66
    ALNY ALNYLAM PHARMA 70.2 268 132.07
    TKMR TEKMIRA PHARMAC 13.6 257.75 185.71
    ACAD ACADIA PHARMA 23.16 243.82 28.03

     

    What's Hot-ValuEngine View

    ValuEngine View Posts Huge Gain, Almost Triples SP 500 for Month

    The jury is still out on the "Sell in May and Go Away" maxim this Summer, but the warmer weather certainly hasn't cooled off the ValuEngine View's performance. For May/June, the ValuEngine View returned to its winning ways with a great month, We saw winners almost across the board with a hit ratio of 80%. Strong market gains were met with even stronger results from our picks. Our portfolio posted a big gain in excess of 9% and more than doubled the S&P 500. The trailing 12 month gain of the VE View is 33.44% versus the S&P 500 return of 17.57%. We are almost doubling the S&P over the past year. The return since inception of the View is 119.65% versus the S&P's gain of 71.48%. It remains our best performing newsletter under current market conditions.

     

     

     

    Return Comparison vs. S&P 500
      Last 12 Months
    VE View 33.44%
    S&P 500 17.57%

    We had twelve winners this month-with five one of them posting double-digit gains. Lannett posted a big gain of almost 29% and was followed by Canadian Solar, Micron Tech, Synnex, and Brocade. Losses were minor from Amtrust, Gielad, and Gentex-none of which topped 4%.

    Here are the latest results from May/June 2014:

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Symbol Company Name Entry Price 5/21/14 Exit Price Change %Change
    AFSI AMTRUST FINANCIAL SERVICES 44.23 42.49 -1.74 -3.93
    BMA BANCO MACRO-ADR 30.01 31.79 1.78 5.93
    BRCD BROCADE COMMUNICATION SYSTEMS 8.47 9.4 0.93 10.98
    CSIQ CANADIAN SOLAR 22.41 27.98 5.57 24.85
    GILD GILEAD SCIENCES 81.14 79.79 -1.35 -1.66
    GNTX GENTEX CORP 28.89 28.65 -0.24 -0.83
    HII HUNTINGTON INGALLS 95.03 98.81 3.78 3.98
    KS KAPSTONE PAPER 28.09 30.73 2.64 9.40
    LCI LANNETT INC 36.71 47.2 10.49 28.58
    LYB LYONDELL BASEL-A 97 98.78 1.78 1.84
    MEOH METHANEX CORP 57.35 60.95 3.6 6.28
    MU MICRON TECH 26.55 32.25 5.7 21.47
    SNX SYNNEX CORP 61.43 71.41 9.98 16.25
    SPR SPIRIT AEROSYSTEMS 31.59 33.61 2.02 6.39
    UPL ULTRA PETROLEUM CP 26.81 29.19 2.38 8.88
      VE VIEW PORTFOLIO   9.23
    GSPC S&P500 1872.83 1936.16 63.33 3.38

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: PTIE, VRX, GILD, ALR, UTHR, ADXS, AGN, IDIX, ANIP, ALNY, ABUS, ACAD, AMZN
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