VE Rating: 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.
Value Level: 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.Pivot: A level between a value level and risky level that should be a magnet during the time frame noted. Risky Level: Price at which to enter a GTC limit order to sell on strength.
Buy-and-Trade Strategies for Today's Woodshed Stocks:Barrick Gold (ABX) ($28.65) declined to yet another new multi-year low at $28.51 on Monday and is well below its 200-week SMA at $42.43 with an extremely oversold weekly chart profile. The stock has been downgraded to hold from buy and is 35.7% undervalued with a trailing 12 months price-to-earnings ratio of just 4.9. The March 2009 low is $25.54 with a weekly pivot at $29.16 and quarterly risky level at $31.69. Agnico Eagle Mines (AEM) ($39.19) did not reach a new multi-year low on Monday, but the stock is well below its 200-week SMA at $56.08 with an extremely oversold weekly chart profile. The stock has been upgraded to strong buy from buy and is 36.7% undervalued with a trailing 12 months P/E a bit elevated at 21.5. My weekly value level is $37.95 with a monthly risky level at $56.14. AngloGold (AU) ($23.41) declined to yet another new multi-year low at $23.33 on Monday and is well below its 200-week SMA at $40.28 with an extremely oversold weekly chart profile. The stock has a buy rating is 44.6% undervalued with a trailing 12 months P/E of just 6.8. The January 2009 low is $22.50 with a weekly pivot at $23.68 and monthly risky level at $26.50.
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