January 3, 2010 ATTENTION Advanced Investors and Finance Professionals:
If you are reading this you should download ValuEngine Institutional Software to see how VE’s powerful quantitative tools can increase your productivity and effectiveness. | VALUATION WATCH: Our models find that overvaluation is approaching levels typically seen when a market correction is imminent. Overvalued stocks now make up 61% of our universe and almost 29% of the universe is calculated to be overvalued by 20% or more. 15 of 16 Sectors are now calculated to be overvalued. Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE SatCon Tech Makes Move SATC,$SATC Highly-Rated Tech Firm Jumps into the New Year We mentioned green energy firm Satcon Technology Corporation (SATC,$SATC) in a Daily Bulletin about one month ago. Based on data available back in early December, we alerted readers to the stock's high short-term forecast return ranking. Since then, the stock has been on a tear with a current price of $4.79. This represents a gain of @20%. The ticker continues to rank near the top of our universe in short-term forecast figures and the long-term prospects are calculated to be very strong as well. ValuEngine has issued a BUY recommendation for Satcon Technology Corporation on Jan. 03, 2011. Based on the information we have gathered and our resulting research, we feel that Satcon Technology Corporation has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE 5-year annualized return, market valuation and expected EPS growth. Based on available data as of Jan. 03, 2011, we believe that SATC should be trading at $7.43. This makes SATC 39.44% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For SATC, we base this on actual earnings per share (EPS) for the previous four quarters of -$0.25, forecasted EPS for the next four quarters of $0.26, and correlations to the 30- year Treasury bond yield of 4.36%. Satcon Technology Corporation provides a suite of utility grade power conversion solutions and services for commercial and utility scale renewable energy installations and distributed energy markets in the United States and internationally. Its renewable energy solutions include utility grade inverters for solar photovoltaic and fuel cell applications that offer modular inverters for use in connection with large, utility-scale, renewable energy power systems, such as stationary fuel cell power plants, photovoltaic power plants, and distributed power generation systems. Subscribers can check out the latest figures on SATC from our models HERE. Seeking Alpha Readers should check out our Seeking Alpha VE Investment App HERE Click the icon below to hear VE Chief Market Strategist Richard Suttmeier
on TheStreet.com's "The Real Story" Podcast 
Market Indices Data | | Latest | Change | YTD | Dow Jones | 11,704.50 | 126.99
| 1.10% | NASDAQ Composite | 2,695.30 | 42.43
| 1.60% | Russell 2000 | 798.76 | 15.11
| 1.93% | S&P 500 | 1,274.66 | 17.02
| 1.35% | ValuEngine Market Overview Summary of VE Stock Universe | Stocks Undervalued | 38.78% | Stocks Overvalued | 61.22% | Stocks Undervalued by 20% | 17.79% | Stocks Overvalued by 20% | 28.89% | ValuEngine Sector Overview | Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio | | Basic Materials | 0.54% | 10.81% | 38.48% | 32.76% overvalued | 69.56% | 38.22 | | Oils-Energy | 0.12% | 6.74% | 20.78% | 25.55% overvalued | 37.64% | 41.79 | | Industrial Products | -0.08% | 6.96% | 24.56% | 15.58% overvalued | 30.89% | 26.17 | | Multi-Sector Conglomerates | -1.16% | 5.07% | 26.87% | 14.39% overvalued | 33.18% | 29.75 | | Auto-Tires-Trucks | -0.00% | 6.67% | 57.38% | 13.10% overvalued | 49.63% | 26.03 | | Transportation | -0.06% | 4.02% | 26.06% | 12.17% overvalued | 28.03% | 42.87 | | Consumer Staples | 0.07% | 4.43% | 11.95% | 10.80% overvalued | 17.33% | 27.82 | | Retail-Wholesale | -0.62% | 2.74% | 20.40% | 10.47% overvalued | 56.85% | 22.22 | | Finance | 0.01% | 6.27% | 22.07% | 8.12% overvalued | 18.58% | 25.08 | | Computer and Technology | -0.07% | 6.08% | 32.21% | 7.37% overvalued | 33.24% | 43.92 | | Aerospace | 0.11% | 6.00% | 25.16% | 7.20% overvalued | 31.07% | 19.76 | | Utilities | -0.17% | 2.45% | 7.27% | 6.73% overvalued | 12.61% | 25.45 | | Business Services | -0.32% | 6.39% | 14.97% | 6.31% overvalued | 18.64% | 29.90 | | Construction | -0.22% | 8.92% | 13.88% | 6.04% overvalued | 12.33% | 37.97 | | Consumer Discretionary | 0.03% | 3.72% | 22.71% | 5.13% overvalued | 25.32% | 31.32 | | Medical | -0.45% | 7.70% | 19.02% | 3.66% undervalued | 18.48% | 37.67 | 
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