April 21, 2016

VALUATION WATCH: Overvalued stocks now make up 47.2% of our stocks assigned a valuation and 15.42% of those equities are calculated to be overvalued by 20% or more. Seven sectors are calculated to be overvalued.

Indexing

--ValuEngine Rates and Ranks the S&P500

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.

The components of have changed little since the last time we presented the top S&P picks in late March Our leader is still Akron's Finest., Goodyear Tire. Assurant retains its second-place spot. Valero, Traveler's, and LAM Research have moved up. Delta Airlines and Hartford Financial have declined. Our three newcomers are Tyson Foods, AT&T, and Southwest Airlines are back in our top-ten list.

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 newcomers, Tyson Foods (TSN):

Tyson Foods, Inc. is the world's largest fully-integrated producer, processor and marketer of chicken and poultry-based food products. Tyson is a comprehensive supplier of value-added chicken products through food service, retail grocery stores, club stores and international distribution channels. Although its core business is chicken, in the United States Tyson is also the second largest maker of corn and flour tortillas under the Mexican Original brand and through its subsidiary Cobb Vantress, the top chicken breeding stock supplier.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on TYSON FOODS A for 2016-04-20. Based on the information we have gathered and our resulting research, we feel that TYSON FOODS A has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Sharpe Ratio and Momentum.

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

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	64.35	1.07%
3-Month	65.79	3.33%
6-Month	67.79	6.47%
1-Year	71.88	12.89%
2-Year	76.71	20.48%
3-Year	76.43	20.04%

Valuation & Rankings
Valuation	15.21% overvalued	Valuation Rank(?)	21
1-M Forecast Return	1.07%	1-M Forecast Return Rank	99
12-M Return	65.42%	Momentum Rank(?)	97
Sharpe Ratio	1.04	Sharpe Ratio Rank(?)	98
5-Y Avg Annual Return	24.90%	5-Y Avg Annual Rtn Rank	96
Volatility	23.85%	Volatility Rank(?)	68
Expected EPS Growth	7.84%	EPS Growth Rank(?)	38
Market Cap (billions)	23.85	Size Rank	96
Trailing P/E Ratio	17.21	Trailing P/E Rank(?)	68
Forward P/E Ratio	15.96	Forward P/E Ratio Rank	49
PEG Ratio	2.20	PEG Ratio Rank	20
Price/Sales	0.60	Price/Sales Rank(?)	77
Market/Book	2.44	Market/Book Rank(?)	43
Beta	0.30	Beta Rank	74
Alpha	0.56	Alpha Rank	97

DOWNLOAD A FREE SAMPLE OF OUR TYSON FOODS (TSN) REPORT BY CLICKING HERE

ValuEngine Market Overview

ValuEngine Sector Overview