Reading the Table
Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.
A "1-engine" rating is a strong sell, a "2-engine" rating is a sell, a "3-engine" rating is a hold, a "4-engine" rating is a buy and a "5-engine" rating is a strong buy.
Last 12-Month Return (%):
Stocks with a red number declined by that percentage over the last 12 months. Stocks with a black number increased by that percentage.
Forecast 1-Year Return:
Stocks with a red number are projected to decline by that percentage over the next 12 months. Stocks with a black number in the table are projected to move higher by that percentage over the next 12 months.
Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual.
A level between a value level and risky level that should be a magnet during the time frame noted.
Price at which to enter a GTC limit order to sell on strength.
Here are my buy-and-trade strategies for 10 industrial products stocks. I profiled five of these names on Oct. 1 in
Industrial Products Stocks May Catch QE Fatigue
(CAT - Get Report)
($86.81 vs. $86.04 on Oct. 1): Still has a buy rating, is 6.8% undervalued with a favorable trailing 12 months price-to-earnings ratio at 9.5. CAT has a negative daily chart profile with the stock well below its Feb. 24 high at $116.95 and trading between its 50-day and 200-day SMAs at $85.71 and $90.21. The weekly chart profile is positive with the five-week MMA at $86.48 and the 200-week SMA at $77.27.