January 5, 2017

VALUATION WARNING: Overvalued stocks now make up 67.66% of our stocks assigned a valuation and 33.15% of those equities are calculated to be overvalued by 20% or more. Fifteen sectors are calculated to be overvalued.

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INDEXING

--Applied Materials Still Top NASDAQ Stock For ValuEngine.com

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 NASDAQ 100. The companies listed below represent the top-ten BUY and STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.

Since we last reported on the NASDAQ back in December, we find a NASDAQ top-ten list that is little changed with minimal turnover. We only have one new component this month, CSX Corp. The newcomer replaced Seagate Technologies.

At the top of our list, we see little change as both Applied Materials and LAM Research have retained their number one and number two positions respectively. Cisco Systems also managed to hold on to its position in ninth.

American Airlines, CA Inc, and Broadcom LTD managed to move up a few spots while Qualcomm and Netease declined.

Note too, all of these companies are BUY-rated with the exception of leader Applied Materials. That company remains a STRONG BUY.

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 CSX Corporation (CSX):

CSX Corporation's unique combination of rail, container-shipping, intermodal and logistics services provides global reach that's second to none. The company's goal, advanced at each of its business units, is to provide efficient, competitive transportation and related services for customers.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on CSX Corporation for 2017-01-04. Based on the information we have gathered and our resulting research, we feel that CSX Corporation 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 CSX COrp (CSX) from the link below.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	36.82	0.53%
3-Month	37.66	2.82%
6-Month	38.78	5.86%
1-Year	38.95	6.33%
2-Year	43.78	19.51%
3-Year	48.88	33.44%

Valuation & Rankings
Valuation	38.26% overvalued	Valuation Rank(?)	14
1-M Forecast Return	0.53%	1-M Forecast Return Rank	86
12-M Return	42.03%	Momentum Rank(?)	79
Sharpe Ratio	0.52	Sharpe Ratio Rank(?)	79
5-Y Avg Annual Return	10.68%	5-Y Avg Annual Rtn Rank	74
Volatility	20.45%	Volatility Rank(?)	71
Expected EPS Growth	9.50%	EPS Growth Rank(?)	38
Market Cap (billions)	36.46	Size Rank	97
Trailing P/E Ratio	20.46	Trailing P/E Rank(?)	63
Forward P/E Ratio	18.69	Forward P/E Ratio Rank	41
PEG Ratio	2.15	PEG Ratio Rank	22
Price/Sales	3.37	Price/Sales Rank(?)	32
Market/Book	3.12	Market/Book Rank(?)	39
Beta	1.19	Beta Rank	31
Alpha	0.22	Alpha Rank	79

DOWNLOAD A FREE SAMPLE OF OUR CSX CORPORATION (CSX) REPORT BY CLICKING HERE

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