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Basic Materials Stocks Ranked And Rated By ValuEngine.com

|Includes: ABX, AEM, ASH, AU, CHMT, EXK, FOE, HL, HMY, IAG, Kinross Gold Corporation (KGC), VALE, WWR, YONG

VALUATION WATCH: Our models find that overvaluation is at levels typically seen when a market pullback may occur. Overvalued stocks now make up 63% of our universe and 25% of the universe is calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued.

MARKET OVERVIEW

Index

Week Open

Thurs Close

Change

% Change

YTD

DJIA

13895.98

13860.6

-35.38

-0.25%

5.77%

NASDAQ

3152.17

3142.13

-10.04

-0.32%

4.06%

RUSSELL 2000

905.95

902.09

-3.86

-0.43%

6.21%

S&P 500

1502.96

1498.11

-4.85

-0.32%

5.04%

 

 

Summary of VE Stock Universe

 

 

Stocks Undervalued

36.96%

Stocks Overvalued

63.04%

Stocks Undervalued by 20%

14.67%

Stocks Overvalued by 20%

25.26%

SECTOR OVERVIEW

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Aerospace

-0.72%

4.46%

4.46%

6.23% overvalued

6.71%

14.42

Auto-Tires-Trucks

-1.20%

6.08%

6.08%

6.90% overvalued

5.35%

15.32

Basic Materials

-0.61%

3.20%

3.20%

6.11% overvalued

-22.80%

31.44

Business Services

-0.59%

5.98%

5.98%

10.80% overvalued

10.96%

30.89

Computer and Technology

-0.78%

6.20%

6.20%

15.47% overvalued

3.95%

39.7

Construction

-1.22%

8.53%

8.53%

23.85% overvalued

30.24%

43.44

Consumer Discretionary

-0.54%

7.21%

7.21%

9.22% overvalued

11.60%

27.74

Consumer Staples

-0.19%

5.13%

5.13%

27.46% overvalued

13.51%

23.81

Finance

-0.39%

6.25%

6.25%

16.74% overvalued

16.70%

22.66

Industrial Products

-0.56%

5.90%

5.90%

20.99% overvalued

6.14%

24.72

Medical

-0.64%

6.32%

6.32%

16.00% overvalued

9.64%

31.65

Multi-Sector Conglomerates

-0.51%

4.05%

4.05%

8.13% overvalued

13.79%

14.77

Oils-Energy

-1.04%

7.40%

7.40%

6.72% overvalued

-9.89%

41.13

Retail-Wholesale

-0.67%

6.92%

6.92%

15.54% overvalued

17.83%

36.9

Transportation

-1.16%

9.98%

9.98%

24.13% overvalued

6.44%

25.76

Utilities

-0.68%

4.65%

4.65%

7.63% overvalued

9.13%

17.92

Sector Talk-Basic Materials

Below, we present the latest data on leading Basic Materials Sector stocks from our Institutional software package (VEI). These results were filtered by market price and volume--no results below 3$/share or less than 100k shares/day volume.

Top-Five Basic Materials Sector Stocks--Short-Term Forecast Returns

Ticker

Name

Mkt Price

Valuation(%)

Last 12-M Retn(%)

KGC

KINROSS GOLD

8.23

-51.7

-25.92

YONG

YONGYE INTL INC

5.45

-19.09

32.28

AEM

AGNICO EAGLE

45.83

-27.85

24.84

IAG

IAMGOLD CORP

8.25

-47.92

-49.63

HMY

HARMONY GOLD

6.46

-47.43

-45.81

Top-Five Basic Materials Sector Stocks--Long-Term Forecast Returns

Ticker

Name

Mkt Price

Valuation(%)

Last 12-M Retn(%)

YONG

YONGYE INTL INC

5.45

-19.09

32.28

KGC

KINROSS GOLD

8.23

-51.7

-25.92

ABX

BARRICK GOLD CP

31.92

-31.36

-33.94

VALE

VALE SA

20.17

-11.06

-15.61

AU

ANGLOGOLD LTD

28.02

-35.08

-37.86

Top-Five Basic Materials Sector Stocks--Composite Score

Ticker

Name

Mkt Price

Valuation(%)

Last 12-M Retn(%)

YONG

YONGYE INTL INC

5.45

-19.09

32.28

ASH

ASHLAND INC

78.51

-4.12

26.06

ABX

BARRICK GOLD CP

31.92

-31.36

-33.94

KGC

KINROSS GOLD

8.23

-51.7

-25.92

VALE

VALE SA

20.17

-11.06

-15.61

Top-Five Basic Materials Sector Stocks--Most Overvalued

Ticker

Name

Mkt Price

Valuation(%)

Last 12-M Retn(%)

CHMT

CHEMTURA CORP

23.72

300

68.83

HL

HECLA MINING

5.25

300

0.96

URRE

URANIUM RES INC

3.22

235.31

-60.73

FOE

FERRO CORP

5.1

132.41

-24.56

EXK

ENDEAVOUR SILVR

6.87

131.08

-39.31

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.