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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, ACT, IDIX, ANIP, ALNY, TKMR, 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

     

     

     

     

     

    IndexWeek OpenFriday AMChange% ChangeYTD
    DJIA16765.5616921.5155.940.93%2.08%
    NASDAQ4303.934359.3355.41.29%4.38%
    RUSSELL 20001162.021184.0322.011.89%1.75%
    S&P 5001934.841959.4824.641.27%6.01%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued22.61%
    Stocks Overvalued77.39%
    Stocks Undervalued by 20%7.32%
    Stocks Overvalued by 20%36.46%
    ValuEngine Sector Overview

     
















    SectorChangeMTDYTDValuationLast 12-MReturnP/E Ratio
    Transportation0.11%2.25%6.13%23.89% overvalued34.14%24.54
    Auto-Tires-Trucks-0.33%2.15%6.29%23.62% overvalued25.10%17.40
    Medical0.04%3.70%10.34%21.06% overvalued36.45%28.95
    Consumer Staples0.14%1.83%5.62%20.03% overvalued19.20%25.15
    Multi-Sector Conglomerates0.25%2.30%4.66%19.55% overvalued14.99%20.85
    Oils-Energy0.38%5.27%12.96%18.46% overvalued26.56%30.16
    Computer and Technology-0.22%4.32%5.13%18.08% overvalued21.63%31.60
    Industrial Products0.31%3.45%1.64%15.04% overvalued22.14%24.29
    Aerospace0.25%1.27%3.45%14.19% overvalued31.26%20.26
    Utilities-0.08%2.07%7.20%13.92% overvalued19.88%21.02
    Finance-0.03%1.88%3.60%13.88% overvalued12.02%18.09
    Consumer Discretionary0.09%1.79%-2.44%13.10% overvalued19.86%28.30
    Retail-Wholesale-0.18%1.33%-3.37%12.42% overvalued10.44%25.66
    Business Services0.14%1.85%-0.12%10.67% overvalued25.20%26.44
    Construction0.21%1.41%1.98%6.36% overvalued16.77%23.94
    Basic Materials1.10%5.04%5.95%4.23% overvalued4.83%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

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    PTIEPAIN THERAPEUT5.384.26127
    VRXVALEANT PHARMA117.55-13.7336.04
    GILDGILEAD SCIENCES79.78-24.1857.67
    ALRALERE INC36.61-1.4645.34
    UTHRUTD THERAPEUTIC87.02-7.2633.9

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

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    PTIEPAIN THERAPEUT5.384.26127
    VRXVALEANT PHARMA117.55-13.7336.04
    GILDGILEAD SCIENCES79.78-24.1857.67
    ALRALERE INC36.61-1.4645.34
    UTHRUTD THERAPEUTIC87.02-7.2633.9

    Top-Five Medical Stocks--Composite Score

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    ADXSADVAXIS INC3.11N/A-36.21
    VRXVALEANT PHARMA117.55-13.7336.04
    GILDGILEAD SCIENCES79.78-24.1857.67
    ACTACTAVIS PLC215.254.7574
    ALRALERE INC36.61-1.4645.34

    Top-Five Medical Stocks--Most Overvalued

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    IDIXIDENIX PHARMA23.99300353.5
    ANIPANI PHARMACEUT35.47300384.66
    ALNYALNYLAM PHARMA70.2268132.07
    TKMRTEKMIRA PHARMAC13.6257.75185.71
    ACADACADIA PHARMA23.16243.8228.03

     

    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 View33.44%
    S&P 50017.57%

    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:

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    SymbolCompany NameEntry Price 5/21/14Exit PriceChange%Change
    AFSIAMTRUST FINANCIAL SERVICES44.2342.49-1.74-3.93
    BMABANCO MACRO-ADR30.0131.791.785.93
    BRCDBROCADE COMMUNICATION SYSTEMS8.479.40.9310.98
    CSIQCANADIAN SOLAR22.4127.985.5724.85
    GILDGILEAD SCIENCES81.1479.79-1.35-1.66
    GNTXGENTEX CORP28.8928.65-0.24-0.83
    HIIHUNTINGTON INGALLS95.0398.813.783.98
    KSKAPSTONE PAPER28.0930.732.649.40
    LCILANNETT INC36.7147.210.4928.58
    LYBLYONDELL BASEL-A9798.781.781.84
    MEOHMETHANEX CORP57.3560.953.66.28
    MUMICRON TECH26.5532.255.721.47
    SNXSYNNEX CORP61.4371.419.9816.25
    SPRSPIRIT AEROSYSTEMS31.5933.612.026.39
    UPLULTRA PETROLEUM CP26.8129.192.388.88
     VE VIEW PORTFOLIO 9.23
    GSPCS&P5001872.831936.1663.333.38

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

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