September 21, 2018

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

VALUATION WATCH: Overvalued stocks now make up 53.61% of our stocks assigned a valuation and 22.87% of those equities are calculated to be overvalued by 20% or more. Thirteen sectors are calculated to be overvalued.

ValuEngine Index Overview

Index	Week Open	Friday PM	Change	% Change	YTD
DJIA	26151.66	26740.37	588.71	2.25%	8.18%
NASDAQ	7992.21	8010.72	18.51	0.23%	16.04%
RUSSELL 2000	1721.66	1716.86	-4.8	-0.28%	11.81%
S&P 500	2903.83	2933.9	30.07	1.04%	9.74%

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued	46.39%
Stocks Overvalued	53.61%
Stocks Undervalued by 20%	18.29%
Stocks Overvalued by 20%	22.87%

ValuEngine Sector Overview

Sector	Change	MTD	YTD	Valuation	Last 12-MReturn	P/E Ratio
Aerospace	0.05%	1.56%	9.88%	16.73% overvalued	17.71%	27.27
Computer and Technology	1.16%	-1.95%	9.00%	16.34% overvalued	23.89%	31.65
Medical	0.96%	-1.70%	18.88%	16.08% overvalued	38.49%	29.36
Retail-Wholesale	0.53%	-1.37%	5.60%	9.30% overvalued	25.61%	23.94
Multi-Sector Conglomerates	0.23%	0.90%	-1.15%	8.31% overvalued	6.17%	19.96
Consumer Discretionary	0.60%	-0.64%	3.75%	8.17% overvalued	16.30%	25.99
Business Services	1.26%	-0.29%	13.79%	7.30% overvalued	17.85%	24.49
Consumer Staples	0.90%	0.46%	-0.73%	6.47% overvalued	8.93%	24.28
Transportation	0.13%	0.60%	0.32%	6.18% overvalued	10.88%	19.10
Utilities	1.31%	1.15%	-2.75%	5.06% overvalued	-4.43%	20.72
Industrial Products	0.74%	0.56%	5.30%	4.24% overvalued	12.28%	24.72
Auto-Tires-Trucks	1.98%	1.16%	-0.98%	2.87% overvalued	-0.07%	13.09
Finance	0.64%	-0.56%	2.47%	2.14% overvalued	6.36%	17.29
Construction	0.39%	1.35%	1.29%	5.42% undervalued	8.94%	20.06
Basic Materials	0.67%	0.45%	2.47%	9.42% undervalued	-3.86%	21.40
Oils-Energy	0.65%	-0.70%	7.85%	12.80% undervalued	13.22%	22.67

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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	17.95	156.50%	212.17%
AAXN	AXON ENTERPRISE	67.37	149.62%	205.26%
PRLB	PROTO LABS INC	160.3	83.17%	114.30%
CYRX	CRYOPORT INC	12.27	77.82%	30.25%
LXFR	LUXFER HOLDINGS	22.77	82.74%	79.86%

Top-Five Industrial Products Stocks--Momentum

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
CDXS	CODEXIS INC	17.95	156.50%	212.17%
AAXN	AXON ENTERPRISE	67.37	149.62%	205.26%
BOOM	DMC GLOBAL INC	38.6	5.17%	152.29%
PRLB	PROTO LABS INC	160.3	83.17%	114.30%
GWW	GRAINGER W W	351.3	13.37%	105.88%

Top-Five Industrial Products Stocks--Composite Score

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
GWW	GRAINGER W W	351.3	13.37%	105.88%
ZBRA	ZEBRA TECH CL A	172.7	15.23%	59.67%
HDS	HD SUPPLY HLDGS	41.98	6.09%	25.73%
DE	DEERE & CO	152.39	-3.58%	23.81%
CAT	CATERPILLAR INC	152.76	-9.98%	22.46%

Top-Five Industrial Products Stocks--Most Overvalued

Ticker	Name	Mkt Price	Valuation (%)	Last 12-M Return (%)
CDXS	CODEXIS INC	17.95	156.50%	212.17%
AAXN	AXON ENTERPRISE	67.37	149.62%	205.26%
PRLB	PROTO LABS INC	160.3	83.17%	114.30%
LXFR	LUXFER HOLDINGS	22.77	82.74%	79.86%
CYRX	CRYOPORT INC	12.27	77.82%	30.25%

Free Download for Readers

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we are offering a FREE DOWNLOAD of one of our Stock Reports

Boingo Wireless, Inc. (WIFI) is a Wi-Fi software and services provider. Boingo users can access the mobile Internet via Boingo Network locations that include the airports, hotel chains, caf?s and coffee shops, restaurants, convention centers and metropolitan hot zones. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. Boingo Wireless, Inc. is headquartered in Los Angeles, California.

VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on BOINGO WIRELESS for 2018-09-20. Based on the information we have gathered and our resulting research, we feel that BOINGO WIRELESS has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Sharpe Ratio.

You can download a free copy of detailed report on Boingo Wireless, Inc. (WIFI) from the link below.

Read our Complete Rating and Forecast Report HERE.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	32.85	1.17%
3-Month	33.50	3.18%
6-Month	34.68	6.81%
1-Year	37.05	14.12%
2-Year	39.84	22.70%
3-Year	38.90	19.81%

Valuation & Rankings
Valuation	165.83% overvalued	Valuation Rank(?)	2
1-M Forecast Return	1.17%	1-M Forecast Return Rank	99
12-M Return	53.16%	Momentum Rank(?)	91
Sharpe Ratio	0.78	Sharpe Ratio Rank(?)	86
5-Y Avg Annual Return	30.64%	5-Y Avg Annual Rtn Rank	95
Volatility	39.11%	Volatility Rank(?)	41
Expected EPS Growth	36.84%	EPS Growth Rank(?)	69
Market Cap (billions)	1.17	Size Rank	63
Trailing P/E Ratio	n/a	Trailing P/E Rank(?)	28
Forward P/E Ratio	n/a	Forward P/E Ratio Rank	n/a
PEG Ratio	6.96	PEG Ratio Rank	5
Price/Sales	5.12	Price/Sales Rank(?)	22
Market/Book	20.45	Market/Book Rank(?)	8
Beta	0.62	Beta Rank	55
Alpha	0.37	Alpha Rank	91

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