June 13, 2016

VALUATION WATCH: Overvalued stocks now make up 43.35% of our stocks assigned a valuation and 14.55% of those equities are calculated to be overvalued by 20% or more. Seven sectors are calculated to be overvalued.

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UPGRADES

--ValuEngine Top-Five BUY/STRONG BUY Upgrades

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 combine all of the equities with a valuation calculation to track market valuation figures and use them as a metric for making calls about the overall state of the market.  Two factors can lower these figures-- a market pullback, or a significant rise in EPS estimates.

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.

So, for today's bulletin we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. JM Smuckers (SJM) is the leader here. Note: there were only four upgrades to BUY/STRONG BUY with full valaution and forecast data for the day.

Below is today's data on JM Smuckers (SJM):

The J.M. Smucker Company, headquartered in Orrville, Ohio is the leading marketer of jams, jellies, preserves, and other fruit spreads in the U.S. They are also the leader in dessert toppings, natural peanut butter, and health and natural foods juice products, and market a wide variety of other specialty products throughout the U.S. and in many foreign countries. In the fruit spreads category, they also hold the leadership position in Australia and Canada.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from HOLD to BUY for SMUCKER JM on 2016-06-10. Based on the information we have gathered and our resulting research, we feel that SMUCKER JM has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.

You can download a free copy of detailed report on SJM from the link below.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	144.97	0.51%
3-Month	147.80	2.46%
6-Month	151.04	4.71%
1-Year	153.04	6.10%
2-Year	168.10	16.54%
3-Year	176.56	22.40%

Valuation & Rankings
Valuation	14.07% overvalued	Valuation Rank(?)	21
1-M Forecast Return	0.51%	1-M Forecast Return Rank	85
12-M Return	29.28%	Momentum Rank(?)	90
Sharpe Ratio	0.65	Sharpe Ratio Rank(?)	90
5-Y Avg Annual Return	9.76%	5-Y Avg Annual Rtn Rank	81
Volatility	15.11%	Volatility Rank(?)	85
Expected EPS Growth	-3.02%	EPS Growth Rank(?)	20
Market Cap (billions)	14.68	Size Rank	93
Trailing P/E Ratio	21.74	Trailing P/E Rank(?)	55
Forward P/E Ratio	22.42	Forward P/E Ratio Rank	24
PEG Ratio	n/a	PEG Ratio Rank	n/a
Price/Sales	1.97	Price/Sales Rank(?)	45
Market/Book	2.00	Market/Book Rank(?)	50
Beta	0.53	Beta Rank	66
Alpha	0.09	Alpha Rank	78

DOWNLOAD A FREE SAMPLE OF OUR JM SMUCKERS (SJM) REPORT BY CLICKING HERE

ValuEngine Market Overview

ValuEngine Sector Overview