December 14, 2018

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This week, we provide top-five ranked VE data for our Industrial Products Sector stocks, we also take a look at Tesla $TSLA and provide a free download link for our stock report on the company.

VALUATION WATCH: Overvalued stocks now make up 29.52% of our stocks assigned a valuation and 10.51% of those equities are calculated to be overvalued by 20% or more. One sector is calculated to be overvalued.

ValuEngine Index Overview

Index	Week Open	Friday PM	Change	% Change	YTD
DJIA	24360.95	24105.18	-255.77	-1.05%	-2.48%
NASDAQ	6959.63	6943.42	-16.21	-0.23%	0.58%
RUSSELL 2000	1448.01	1417.5	-30.51	-2.11%	-7.69%
S&P 500	2630.86	2603.39	-27.47	-1.04%	-2.63%

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued	70.48%
Stocks Overvalued	29.52%
Stocks Undervalued by 20%	38.8%
Stocks Overvalued by 20%	10.51%

ValuEngine Sector Overview

Sector	Change	MTD	YTD	Valuation	Last 12-MReturn	P/E Ratio
Utilities	-0.84%	-3.21%	1.55%	5.32% overvalued	-0.35%	20.36
Computer and Technology	-0.98%	-4.43%	-3.31%	1.75% undervalued	5.30%	27.74
Consumer Staples	-0.47%	-3.20%	-3.66%	3.12% undervalued	-1.95%	22.79
Aerospace	-0.95%	-2.70%	-5.83%	3.69% undervalued	-0.42%	24.32
Medical	-1.33%	-5.39%	7.58%	4.44% undervalued	16.97%	26.76
Retail-Wholesale	-1.67%	-7.12%	-9.03%	7.38% undervalued	-1.62%	20.50
Business Services	-0.92%	-5.57%	-2.86%	7.76% undervalued	-1.93%	20.95
Finance	-0.80%	-4.81%	-8.85%	10.69% undervalued	-6.68%	15.53
Auto-Tires-Trucks	-1.00%	-6.06%	-19.92%	12.19% undervalued	-21.05%	10.61
Consumer Discretionary	-1.46%	-4.94%	-11.42%	12.53% undervalued	-4.43%	23.19
Multi-Sector Conglomerates	-0.41%	-3.61%	-15.66%	12.90% undervalued	-12.56%	16.03
Transportation	-1.77%	-7.79%	-13.05%	16.08% undervalued	-11.33%	17.15
Industrial Products	-0.99%	-6.15%	-12.60%	16.53% undervalued	-8.63%	20.21
Basic Materials	-0.87%	-4.05%	-13.29%	19.58% undervalued	-17.66%	18.02
Construction	-0.90%	-6.86%	-17.87%	23.33% undervalued	-19.92%	17.02
Oils-Energy	-0.54%	-4.24%	-9.49%	33.89% undervalued	-10.63%	17.73

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Sector Talk--Industrial Products

Below, we present the latest data on Industrial Products stocks from our Professional Stock Analysis Service. Top- five lists are provided for each category. We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares.

Top-Five Industrial Products Stocks--Short-Term Forecast Returns

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
CDXS	CODEXIS INC	19.86	120.95%	159.61%
CYRX	CRYOPORT INC	10.01	28.51%	17.08%
AAXN	AXON ENTERPRISE	45.12	28.42%	76.25%
KRNT	KORNIT DIGITAL	18.98	24.83%	20.51%
LXFR	LUXFER HOLDINGS	23.25	54.91%	60.01%

Top-Five Industrial Products Stocks--Momentum

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
CDXS	CODEXIS INC	19.86	120.95%	159.61%
AAXN	AXON ENTERPRISE	45.12	28.42%	76.25%
ZBRA	ZEBRA TECH CL A	172.79	0.01%	63.02%
LXFR	LUXFER HOLDINGS	23.25	54.91%	60.01%
ALRM	ALARM.COM HLDGS	53	10.94%	42.21%

Top-Five Industrial Products Stocks--Composite Score

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
ZBRA	ZEBRA TECH CL A	172.79	0.01%	63.02%
IR	INGERSOLL RAND	97.28	-5.77%	11.65%
CTAS	CINTAS CORP	171.84	-4.58%	9.25%
ENS	ENERSYS INC	79.29	5.49%	16.84%
MSA	MSA SAFETY INC	100.54	-0.96%	27.70%

Top-Five Industrial Products Stocks--Most Overvalued

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
CDXS	CODEXIS INC	19.86	120.95%	159.61%
LXFR	LUXFER HOLDINGS	23.25	54.91%	60.01%
CYRX	CRYOPORT INC	10.01	28.51%	17.08%
AAXN	AXON ENTERPRISE	45.12	28.42%	76.25%
KRNT	KORNIT DIGITAL	18.98	24.83%	20.51%

Free Download for Readers

As a bonus to our Free Weekly Newsletter subscribers,
we are offering a FREE DOWNLOAD of one of our Stock Reports

Tesla Inc. (TSLA) designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally. Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California.

VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on TESLA INC for 2018-12-13. Based on the information we have gathered and our resulting research, we feel that TESLA INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Earnings Growth Rate.

You can download a free copy of detailed report on Tesla Inc. (TSLA) from the link below.

Read our Complete Rating and Forecast Report HERE.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	380.98	1.11%
3-Month	388.64	3.15%
6-Month	401.62	6.59%
1-Year	427.06	13.34%
2-Year	448.74	19.09%
3-Year	448.89	19.14%

Valuation & Rankings
Valuation	38.99% overvalued	Valuation Rank(?)	6
1-M Forecast Return	1.11%	1-M Forecast Return Rank	99
12-M Return	11.14%	Momentum Rank(?)	83
Sharpe Ratio	0.50	Sharpe Ratio Rank(?)	85
5-Y Avg Annual Return	20.26%	5-Y Avg Annual Rtn Rank	94
Volatility	40.51%	Volatility Rank(?)	40
Expected EPS Growth	173.03%	EPS Growth Rank(?)	92
Market Cap (billions)	47.24	Size Rank	98
Trailing P/E Ratio	n/a	Trailing P/E Rank(?)	27
Forward P/E Ratio	73.50	Forward P/E Ratio Rank	4
PEG Ratio	0.31	PEG Ratio Rank	66
Price/Sales	2.70	Price/Sales Rank(?)	35
Market/Book	9.55	Market/Book Rank(?)	14
Beta	0.60	Beta Rank	59
Alpha	0.10	Alpha Rank	83

ValuEngine.com is an Independent Research Provider (IRP), producing buy/hold/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day.
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Steve Hach
Senior Editor
ValuEngine.com