VALUATION WATCH: Overvalued stocks now make up 37.27% of our stocks assigned a valuation and 10.93% of those equities are calculated to be overvalued by 20% or more. Three sectors are calculated to be overvalued.
ValuEngine Index Overview
| Index | Week Open | Friday AM | Change | % Change | YTD |
| DJIA | 16991.29 | 17197.3 | 206.01 | 1.21% | -1.31% |
| NASDAQ | 4690.88 | 4723.32 | 32.44 | 0.69% | -5.67% |
| RUSSELL 2000 | 1081.28 | 1077.52 | -3.76 | -0.35% | -5.14% |
| S&P 500 | 1996.11 | 2014.78 | 18.67 | 0.94% | -1.43% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 62.73% |
| Stocks Overvalued | 37.27% |
| Stocks Undervalued by 20% | 28.67% |
| Stocks Overvalued by 20% | 10.93% |
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Utilities | 0.21% | 2.97% | 3.66% | 7.97% overvalued | -0.95% | 23.30 |
| Consumer Staples | -0.39% | 2.95% | 1.43% | 6.27% overvalued | 1.33% | 23.81 |
| Basic Materials | 0.54% | 9.34% | 12.60% | 3.97% overvalued | -4.20% | 26.40 |
| Multi-Sector Conglomerates | -1.06% | 5.62% | -0.39% | 0.40% undervalued | -15.34% | 18.95 |
| Industrial Products | -0.66% | 5.03% | 0.18% | 2.38% undervalued | -13.21% | 17.58 |
| Computer and Technology | -0.53% | 2.48% | 0.64% | 4.77% undervalued | -9.78% | 25.95 |
| Aerospace | -0.64% | 2.53% | -5.03% | 5.75% undervalued | -10.37% | 17.74 |
| Business Services | -1.39% | 2.21% | -3.34% | 5.95% undervalued | -12.23% | 21.17 |
| Consumer Discretionary | 0.02% | 3.54% | -0.67% | 6.65% undervalued | -8.04% | 24.00 |
| Finance | -0.20% | 3.34% | -4.20% | 6.84% undervalued | -7.33% | 15.17 |
| Retail-Wholesale | -0.45% | 3.07% | -0.73% | 7.59% undervalued | -11.67% | 22.28 |
| Oils-Energy | -1.05% | 12.23% | 1.96% | 10.32% undervalued | -35.74% | 21.69 |
| Construction | -1.58% | 3.60% | -1.70% | 11.68% undervalued | -6.92% | 18.57 |
| Auto-Tires-Trucks | -1.08% | 7.82% | -3.35% | 11.97% undervalued | -20.59% | 12.04 |
| Transportation | -0.62% | 4.28% | -1.76% | 13.85% undervalued | -23.89% | 12.56 |
| Medical | -0.93% | 2.58% | -11.69% | 15.33% undervalued | -24.88% | 25.86 |
Sector Talk--Industrial Products
Below, we present the latest data on Industrial Products stocks from our Professional Stock Analysis Service 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. We have been following the sector closely of late because it has been correlated so tightly to overall equity price moves.
Top-Five Industrial Products Stocks--Short-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| BRSS | GLOBAL B&C HLD | 24.74 | N/A | 64.17% |
| ACCO | ACCO BRANDS CP | 7.8 | 1.51% | 7.88% |
| HOLI | HOLLYSYS AUTOMT | 19.88 | -17.78% | 9.96% |
| WOR | WORTHINGTON IND | 33.26 | 6.93% | 31.93% |
| RS | RELIANCE STEEL | 66.58 | 25.34% | 19.83% |
Top-Five Industrial Products Stocks--Long-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| BRSS | GLOBAL B&C HLD | 24.74 | N/A | 64.17% |
| ACCO | ACCO BRANDS CP | 7.8 | 1.51% | 7.88% |
| HOLI | HOLLYSYS AUTOMT | 19.88 | -17.78% | 9.96% |
| WOR | WORTHINGTON IND | 33.26 | 6.93% | 31.93% |
| RS | RELIANCE STEEL | 66.58 | 25.34% | 19.83% |
Top-Five Industrial Products Stocks--Composite Score
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| HOLI | HOLLYSYS AUTOMT | 19.88 | -17.78% | 9.96% |
| CCK | CROWN HLDGS INC | 47.59 | -12.45% | -5.80% |
| ACCO | ACCO BRANDS CP | 7.8 | 1.51% | 7.88% |
| WIRE | ENCORE WIRE CP | 36.84 | -12.39% | 8.99% |
| SWK | STANLEY B&D INC | 98.35 | -2.07% | 2.43% |
Top-Five Industrial Products Stocks--Most Overvalued
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| MRC | MRC GLOBAL INC | 14.62 | 210.47% | 22.75% |
| DXPE | DXP ENTERPRISES | 16.53 | 208.93% | -63.11% |
| ERII | ENERGY RECOVERY | 9.58 | 92.00% | 248.36% |
| TS | TENARIS SA-ADR | 23.59 | 69.55% | -14.03% |
| CENX | CENTURY ALUM CO | 7.82 | 48.63% | -47.32% |