August 25, 2016
VALUATION WATCH: Overvalued stocks now make up 47.17% of our stocks assigned a valuation and 14.91% of those equities are calculated to be overvalued by 20% or more. Eight sectors are calculated to be overvalued.
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High Fashion
--Michael Kors Still Number One On ValuEngine SP500 Top-Stock List
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.
We can use our data to track individual stocks, industries, sectors, and indices. For today's bulletin, we present key metrics for the top picks in the S&P 500. The companies listed below represent the top-ten BUY/STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.
Michael Kors (KORS) is still number one for our ValuEngine S&P 500 top-stock list--just as it was in our last edition. Applied Materials, KLA-Tencor, and Tyson Foods are on the move since earlier this month, with all three companies moving up our rankings. Global Payments has fallen from the top-three. We have four new companies in the list, with DOW Chemical, LAM Research, General Motors, and CBS replacing the four companies that have fallen out of favor of our models--First Solar, Hormel, United Rentals, and Century Link.
Each company in our top-ten list is ranked STRONG BUY or BUY this time around.
Ticker |
Company Name |
Market Price |
Valuation |
Last 12-M Retrn |
1-M Forecast Retn |
1-Yr Forecast Retn |
P/E Ratio |
Sector Name |
August 4, 2016 |
KORS |
MICHAEL KORS |
50.34 |
-24.72% |
32.26% |
1.33% |
16.07% |
11.40 |
Consumer Discretionary |
KORS |
AMAT |
APPLD MATLS INC |
29.7 |
-21.45% |
96.69% |
1.24% |
14.93% |
21.37 |
Computer and Technology |
FSLR |
KLAC |
KLA-TENCOR CORP |
67.17 |
-7.44% |
43.01% |
1.18% |
14.17% |
14.04 |
Computer and Technology |
GPN |
GPN |
GLOBAL PAYMENTS |
75.5 |
-41.98% |
42.59% |
1.02% |
12.29% |
25.22 |
Business Services |
URI |
DOW |
DOW CHEMICAL |
53.61 |
-4.28% |
32.86% |
0.96% |
11.57% |
15.02 |
Basic Materials |
AMAT |
TSN |
TYSON FOODS A |
75 |
8.27% |
86.71% |
0.95% |
11.36% |
17.31 |
Consumer Staples |
KLAC |
LRCX |
LAM RESEARCH |
92.69 |
2.01% |
37.69% |
0.93% |
11.20% |
14.57 |
Computer and Technology |
HRL |
GM |
GENERAL MOTORS |
31.78 |
-14.05% |
14.32% |
0.93% |
11.17% |
5.31 |
Auto-Tires-Trucks |
CTL |
CBS |
CBS CORP |
52.38 |
-20.27% |
19.18% |
0.93% |
11.17% |
13.83 |
Consumer Discretionary |
TSN |
EW |
EDWARDS LIFESCI |
114.3 |
-21.95% |
70.69% |
0.91% |
10.93% |
42.60 |
Medical |
EW |
NOTE: New stocks are in BOLD, old stocks that have moved up the list are in GREEN, old stocks that have declined in position are in RED, and stocks which have retained their position are in CAPS.
Below is today's data on one of our SP500 top-ten newcomers, CBS Corp (CBS)
CBS Corporation is a mass media company that creates and distributes industry-leading content to audiences worldwide. CBS has businesses with origins that date back to the beginnings of broadcast as well as new ventures that operate on media's leading edge. It owns the most-watched television network in the U.S. and one of the world's largest entertainment libraries. CBS's operations span nearly every field of media and entertainment, including cable, publishing, radio, TV, film, outdoor advertising, and interactive and socially responsible media. Its businesses include CBS Television Network, The CW (owned by CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia
ValuEngine continues its BUY recommendation on CBS CORP for 2016-08-24. Based on the information we have gathered and our resulting research, we feel that CBS CORP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and P/E Ratio.
You can download a free copy of detailed report on CBS from the link below.
ValuEngine Forecast |
| |
Target
Price* |
Expected
Return |
1-Month |
52.87 |
0.93% |
3-Month |
52.84 |
0.88% |
6-Month |
52.48 |
0.19% |
1-Year |
58.23 |
11.17% |
2-Year |
47.27 |
-9.76% |
3-Year |
36.08 |
-31.11% |
Valuation & Rankings |
Valuation |
20.27% undervalued |
|
 79 |
1-M Forecast Return |
0.93% |
1-M Forecast Return Rank |
96 |
12-M Return |
19.18% |
|
70 |
Sharpe Ratio |
0.46 |
|
81 |
5-Y Avg Annual Return |
12.92% |
5-Y Avg Annual Rtn Rank |
84 |
Volatility |
27.92% |
|
61 |
Expected EPS Growth |
11.18% |
|
46 |
Market Cap (billions) |
26.56 |
Size Rank |
96 |
Trailing P/E Ratio |
13.83 |
|
81 |
Forward P/E Ratio |
12.44 |
Forward P/E Ratio Rank |
72 |
PEG Ratio |
1.24 |
PEG Ratio Rank |
37 |
Price/Sales |
1.86 |
|
48 |
Market/Book |
4.93 |
|
26 |
Beta |
1.84 |
Beta Rank |
14 |
Alpha |
-0.08 |
Alpha Rank |
41 |
DOWNLOAD A FREE SAMPLE OF OUR CBS (CBS) REPORT BY CLICKING HERE
ValuEngine Market Overview
Summary of VE Stock Universe |
Stocks Undervalued |
52.83% |
Stocks Overvalued |
47.17% |
Stocks Undervalued by 20% |
22.05% |
Stocks Overvalued by 20% |
14.91% |
ValuEngine Sector Overview
|
|
|
|
|
|
|
|
-0.39% |
2.33% |
9.83% |
12.89% overvalued |
9.86% |
20.84 |
|
-0.47% |
1.27% |
12.77% |
9.34% overvalued |
16.24% |
24.01 |
|
-0.54% |
2.79% |
16.12% |
6.61% overvalued |
12.96% |
23.09 |
|
-2.52% |
-1.28% |
45.36% |
4.81% overvalued |
59.49% |
32.44 |
|
0.29% |
0.65% |
-0.36% |
2.96% overvalued |
4.50% |
19.36 |
|
-0.28% |
-2.80% |
10.65% |
2.77% overvalued |
16.89% |
22.13 |
|
-0.61% |
2.56% |
14.26% |
1.82% overvalued |
13.13% |
29.34 |
|
-1.32% |
2.01% |
15.81% |
1.44% overvalued |
1.64% |
24.92 |
|
-0.26% |
1.78% |
6.36% |
0.08% undervalued |
7.66% |
16.15 |
|
-0.19% |
0.89% |
30.79% |
1.02% undervalued |
16.04% |
21.32 |
|
-0.44% |
1.72% |
9.29% |
1.14% undervalued |
3.80% |
23.56 |
|
-0.47% |
0.74% |
11.49% |
4.27% undervalued |
-9.98% |
15.06 |
|
-0.26% |
0.93% |
14.73% |
5.67% undervalued |
4.14% |
24.75 |
|
-0.35% |
2.93% |
3.38% |
8.19% undervalued |
1.38% |
23.54 |
|
-0.78% |
1.47% |
3.98% |
8.55% undervalued |
6.89% |
16.37 |
|
-1.36% |
-1.34% |
0.15% |
10.66% undervalued |
-10.13% |
27.87 |
ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day.
Visit www.ValuEngine.com for more information
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