VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 72% of our stocks assigned a valuation and 29.57% of those equities are calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued--eleven by double digits.
ValuEngine Index Overview
| Index | Week Open | Thurs. Close | Change | % Change | YTD |
| DJIA | 16490.35 | 16543.08 | 52.73 | 0.32% | 0.13% |
| NASDAQ | 4080.33 | 4154.34 | 74.01 | 1.81% | -0.29% |
| RUSSELL 2000 | 1100.58 | 1113.87 | 13.29 | 1.21% | -3.76% |
| S&P 500 | 1876.66 | 1892.49 | 15.83 | 0.84% | 2.69% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 27.52% |
| Stocks Overvalued | 72.48% |
| Stocks Undervalued by 20% | 8.35% |
| Stocks Overvalued by 20% | 29.57% |
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Auto-Tires-Trucks | 0.68% | -1.10% | 2.23% | 20.93% overvalued | 21.03% | 17.01 |
| Consumer Staples | 0.32% | 1.30% | 1.25% | 19.35% overvalued | 16.84% | 23.17 |
| Transportation | 0.43% | 0.47% | 1.92% | 19.05% overvalued | 23.09% | 23.78 |
| Oils-Energy | -0.13% | -1.14% | 12.11% | 15.53% overvalued | 20.71% | 28.80 |
| Multi-Sector Conglomerates | 0.35% | -0.34% | 0.72% | 15.46% overvalued | 8.46% | 18.87 |
| Aerospace | 0.30% | 0.25% | 0.08% | 14.42% overvalued | 31.49% | 19.41 |
| Computer and Technology | 0.52% | -0.54% | -1.22% | 11.44% overvalued | 17.92% | 29.78 |
| Retail-Wholesale | 0.75% | -1.44% | -5.37% | 11.13% overvalued | 11.85% | 24.02 |
| Consumer Discretionary | 0.48% | -1.05% | -4.33% | 10.74% overvalued | 16.05% | 27.95 |
| Finance | 0.43% | -0.00% | 0.66% | 10.31% overvalued | 6.68% | 17.65 |
| Medical | 0.98% | 0.30% | 3.72% | 10.20% overvalued | 30.38% | 28.92 |
| Utilities | 1.03% | 1.23% | 3.17% | 9.90% overvalued | 9.32% | 20.38 |
| Industrial Products | 0.31% | -2.88% | -2.63% | 9.66% overvalued | 19.58% | 22.49 |
| Business Services | 0.63% | -3.09% | -3.21% | 9.32% overvalued | 20.39% | 25.75 |
| Basic Materials | 0.19% | -2.54% | 1.43% | 4.38% overvalued | 0.19% | 27.20 |
| Construction | 0.34% | -1.95% | -2.42% | 3.92% overvalued | 13.35% | 23.18 |
| VE Newsletter | Current Results | S&P 500 | Last Month Total | S&P 500 | Since Inception | S&P 500 |
| Forecast MNS | 0.76 | 0.16 | -3.98 | 2.28 | 90.44 | 106.35 |
| Dividend Stock | -2.54 | 0.91 | 2.23 | 0.52 | 18.76 | 20.81 |
| Small Cap Stock | -3.02 | 0.86 | -5.91 | 0.78 | 26.48 | 36.13 |
| View | 1.47 | 0.81 | -0.24 | 0.56 | 101.10 | 65.38 |
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Hewlett Packard (HOQ) is one of the leading global providers of computing and imaging solutions and services for business and home. The company is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services. Its major businesses include Imaging and Printing Systems, Computing Systems and Information Technology Services
ValuEngine continues its BUY recommendation on HEWLETT PACKARD for 2014-05-22. Based on the information we have gathered and our resulting research, we feel that HEWLETT PACKARD has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and P/E Ratio.
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 Hewlett Packard HERE.
Sector Talk--AerospaceBelow, we present the latest data on Aerospace stocks from our Institutional software package (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 Aerospace Stocks--Short-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
| HII | HUNTINGTON INGL | 97.2 | -10.5 | 74.91 |
| ATK | ALLIANT TECHSYS | 124.28 | -0.17 | 62.88 |
| SPR | SPIRIT AEROSYS | 31.85 | 4.32 | 50.59 |
| ATRO | ASTRONICS CORP | 52.96 | -18.23 | 55.44 |
| WAIR | WESCO AIRCRAFT | 20.47 | -0.44 | 27.94 |
Top-Five Aerospace Stocks--Long-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
| HII | HUNTINGTON INGL | 97.2 | -10.5 | 74.91 |
| ATK | ALLIANT TECHSYS | 124.28 | -0.17 | 62.88 |
| SPR | SPIRIT AEROSYS | 31.85 | 4.32 | 50.59 |
| ATRO | ASTRONICS CORP | 52.96 | -18.23 | 55.44 |
| WAIR | WESCO AIRCRAFT | 20.47 | -0.44 | 27.94 |
Top-Five Aerospace Stocks--Composite Score
| Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
| HII | HUNTINGTON INGL | 97.2 | -10.5 | 74.91 |
| ATK | ALLIANT TECHSYS | 124.28 | -0.17 | 62.88 |
| SPR | SPIRIT AEROSYS | 31.85 | 4.32 | 50.59 |
| WAIR | WESCO AIRCRAFT | 20.47 | -0.44 | 27.94 |
| ATRO | ASTRONICS CORP | 52.96 | -18.23 | 55.44 |
Top-Five Aerospace Stocks--Most Overvalued
| Ticker | Name | Mkt Price | Valuation(%) | Last 12-M Retn(%) |
| GD | GENL DYNAMICS | 114.98 | 45.37 | 48.51 |
| ORB | ORBITAL SCIENCE | 26.35 | 45.34 | 46.8 |
| TXT | TEXTRON INC | 38.08 | 41.48 | 39.59 |
| ARTX | AROTECH CORP | 4.41 | 39.24 | 255.65 |
| LDOS | LEIDOS HOLDINGS | 37.13 | 35.15 | -39.17 |
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.