August 20, 2015

VALUATION WATCH: Overvalued stocks now make up 47.29% of our stocks assigned a valuation and 16.23% of those equities are calculated to be overvalued by 20% or more. Eight sectors are calculated to be overvalued--with two at or near double digits.

Top Stocks

--ValuEngine Top-Five STRONG BUY 5-Engine Stocks for the Day

ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities.  When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.

We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.

Below, we present the latest top-five list of 5-Engine STRONG BUY stocks from our models. They are ranked according to their one-year forecast figures. These stocks represent the "best of the best." Note the heavy representation of Chinese stocks here. That is because as those prices dip, the model finds them even more attractive. Members can always screen for these stocks using our advanced screening page HERE or our 5-Engine Stock page HERE.

Below is today's data on TNK:

Teekay Tankers Ltd. (TNK) is a Marshall Islands corporation recently formed by Teekay Corporation to provide international marine transportation of crude oil. Teekay Tankers Ltd. owns a fleet of nine double-hull Aframax-class oil tankers, which an affiliate of Teekay Corporation manages under a mix of spot-market trading and short- or medium-term fixed-rate time-charter contracts. In addition, Teekay Corporation will offer to Teekay Tankers Ltd. within eighteen months of the initial public offering the opportunity to purchase up to four Suezmax-class oil tankers. Teekay Tankers Ltd. intends to distribute on a quarterly basis all of its cash available for distribution, subject to any reserves established by its board of directors.

VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on TEEKAY TANKERS for 2015-08-19. Based on the information we have gathered and our resulting research, we feel that TEEKAY TANKERS has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Momentum.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	6.38	1.75%
3-Month	6.31	0.65%
6-Month	6.30	0.46%
1-Year	7.60	21.21%
2-Year	5.17	-17.62%
3-Year	3.47	-44.71%

Valuation & Rankings
Valuation	49.17% undervalued	Valuation Rank(?)	93
1-M Forecast Return	1.75%	1-M Forecast Return Rank	100
12-M Return	44.14%	Momentum Rank(?)	93
Sharpe Ratio	-0.25	Sharpe Ratio Rank(?)	33
5-Y Avg Annual Return	-12.42%	5-Y Avg Annual Rtn Rank	31
Volatility	49.44%	Volatility Rank(?)	35
Expected EPS Growth	53.70%	EPS Growth Rank(?)	78
Market Cap (billions)	0.45	Size Rank	55
Trailing P/E Ratio	6.05	Trailing P/E Rank(?)	98
Forward P/E Ratio	3.94	Forward P/E Ratio Rank	99
PEG Ratio	0.11	PEG Ratio Rank	82
Price/Sales	1.31	Price/Sales Rank(?)	58
Market/Book	0.77	Market/Book Rank(?)	83
Beta	2.52	Beta Rank	6
Alpha	0.37	Alpha Rank	93

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day. 
Visit our website for more information and a free trial.

Our individual company, industry, and sector reports offer individual investors and professionals the information they need to make informed decisions about investment prospects in an actionable format. They are objective, timely, and--most importantly--available, for more than 4000 US and more than 1200 Canadian companies.

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  With ValuEngine's Redesigned Stock Reports, you get our up-to-the minute Buy/Sell/Hold recommendations on over 5000 US and Canadian stocks, complete valuation and forecast data, company financials, and much, much more.

  We have added new sections to the reports. These include consensus analysts estimates, historical rating-change data,  and more. This info is presented along with other critical company information so you can drill down into the company's fundamentals and cut through the hype to get a real picture of the profit potential--or lack thereof-- for the more than 5000 company tickers we cover and update EVERY TRADING DAY!

  ValuEngine Stock Reports give you access to the most critical ValuEngine data points--including valuation and forecast figures from our proprietary models. They provide everything you need to make the VE Stock Evaluation Models work for you, and they can substantially increase your chances of success in the Market. 

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we are offering a FREE DOWNLOAD of one of our Stock Reports

Read our Complete Detailed Valuation Report on TeeKay Tankers HERE.

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The ValuEngine View Newsletter is the product of a sophisticated stock valuation model that was first developed by ValuEngine's academic research team. It utilizes a three factor approach: fundamental variables such as a company's trailing 12-month Earnings-Per-Share (EPS), the analyst consensus estimate of the company's future 12-month EPS, and the 30-year Treasury yield are all used to create a more accurate reflection of a company's fair value. A total of eleven additional firm specific variables are also used. In addition, the portoflio uses top picks from our Forecast Model. In essence, the portfolio is constructed with the best picks from our main propiretary models

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