August 22, 2016

VALUATION WATCH: Overvalued stocks now make up 48.73% of our stocks assigned a valuation and 16.02% of those equities are calculated to be overvalued by 20% or more. Eight sectors are calculated to be overvalued.

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UPGRADES

--ValuEngine Upgrades Feature CoreEnergy Infrastructure

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. CorEnergy Infrastructure Trust (CORR) is our top-rated upgrade this week.

Below is today's data on CorEnergy Infrastructure Trust (CORR):

CorEnergy Infrastructure Trust, Inc. seeks to invest primarily in the U.S. energy infrastructure sector. It seeks to acquire midstream and downstream U.S. energy infrastructure assets and concurrently enter into long-term triple net leases with energy companies. These assets may include pipelines, storage tanks, transmission lines and gathering systems, among others. CorEnergy Infrastructure Trust, Inc., formerly known as Tortoise Capital Resources Corporation, is based in United States.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for CorEnergy Infrastructure on 2016-08-19. Based on the information we have gathered and our resulting research, we feel that CorEnergy Infrastructure has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Company Size.

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

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	29.27	1.13%
3-Month	29.38	1.53%
6-Month	29.27	1.14%
1-Year	32.87	13.58%
2-Year	27.48	-5.06%
3-Year	19.43	-32.86%

Valuation & Rankings
Valuation	23.21% undervalued	Valuation Rank(?)	82
1-M Forecast Return	1.13%	1-M Forecast Return Rank	99
12-M Return	9.83%	Momentum Rank(?)	68
Sharpe Ratio	-0.18	Sharpe Ratio Rank(?)	40
5-Y Avg Annual Return	-7.71%	5-Y Avg Annual Rtn Rank	38
Volatility	42.03%	Volatility Rank(?)	43
Expected EPS Growth	15.58%	EPS Growth Rank(?)	53
Market Cap (billions)	1.35	Size Rank	69
Trailing P/E Ratio	7.16	Trailing P/E Rank(?)	96
Forward P/E Ratio	6.19	Forward P/E Ratio Rank	95
PEG Ratio	0.46	PEG Ratio Rank	61
Price/Sales	15.16	Price/Sales Rank(?)	8
Market/Book	3.11	Market/Book Rank(?)	38
Beta	1.24	Beta Rank	32
Alpha	-0.10	Alpha Rank	39

DOWNLOAD A FREE SAMPLE OF OUR CORENERGY INFRASTRUCTURE (CORR) REPORT BY CLICKING HERE

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