Coal, Chips, And Chemicals Charge Up, Per Broker February Targets

Summary

• Coal, Wood Chips & Chemicals topped February's Basic Materials sector for gains, calculated by broker 1yr targets 2/16/18.
• Ten top broker-guesstimated gains ranged 11.24% to 42.07% as posted by ITAYY; ANIOY; CSUAY; CINR; NRP; WLKP; EVA; SXCP; FELP; CCR.
• Top ten Basic Materials estimated-upsides by ITAYY, ANIOY CSUAY, CINR, NRP, WLKP, SXCP, EVA, FELP, & CCR averaged 14.64% per 1yr. broker targets.
• 50 Top Basic Materials dogs ranged in yield from 3.9% to 14.9%. Top ten, EVA, MTGRY, CELTF, AHGP, ARLP, SXCP, ITAYY, CCR, ANIOY, CSUAY, averaged 11.94% yield.
• $5k invested in the lowest-priced five February top-yield Basic Materials stocks showed 40.47% LESS net gain than from $5k invested in all ten. Big dogs still boss the basics.

Actionable Conclusion (1-10): Brokers Alleged 11.24% To 42.07% Net Gains For Ten Basic Materials Stocks By February 2019

Six of ten top yielding Basic Materials stocks (tinted in the chart above) were verified as being among the top ten net gainers for the coming year based on analyst 1-year target prices. Thus, the yield-based forecast for the Basic Materials stocks as graded by Wall St. wizards was 60% accurate.

The following probable profit-generating trades were flagged by estimated dividend returns from $1000 invested in each highest yielding stock. That dividend and the aggregate one year analyst median target price, as reported by YCharts, created the 2018-19 data. Ten probable profit-generating trades projected to February 16, 2019 were:

CONSOL Coal Resources (CCR) was projected to net $420.68, based on target price estimates from six analysts, plus projected annual dividend, less broker fees. No Beta number was available for CCR.

Foresight Energy (FELP) was projected to net $234.07, based on dividends, plus mean target price estimates from two analysts, less broker fees. The Beta number showed this estimate subject to volatility 14% less than the market as a whole.

SunCoke Energy Partners (SXCP) was projected to net $186.41, based on target price estimates from three analysts, plus projected annual dividend, less broker fees. The Beta number was showed this estimate subject to volatility 32% more than the market as a whole.

Enviva Partners (EVA) was projected to net $285.05, based on dividends plus the median of three analyst estimates, less broker fees. Beta number was not available for EVA.

Westlake Chemical (WLKP) netted $137.74 based on dividends, plus mean target price estimates by six analysts, less broker fees. The Beta number showed this estimate subject to volatility 23% more than the market as a whole.

Natural Resources (NRP) was projected

Analyst’s Disclosure:I am/we are long GLD, VEDL. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.