Reading the Table
OV / UN Valued -- The stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.
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 One-Year Return -- Stocks with a Red number are projected to decline by that percentage over the next twelve months. Stocks with a Black number in the Table are projected to move higher by that percentage over the next twelve months. Value Level is the 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: is the price at which to enter a GTC Limit Order to sell on strength. Con-Way (CNW) ($43.80) set a multi-year high at $46.52 on Aug. 2. My semiannual value level is $41.77 with a monthly pivot at $43.74 and weekly risky level at $44.63. CSX (CSX) ($25.32) set a multi-year high at $26.68 on Aug. 2. My weekly value level is $24.36 with a monthly risky level at $27.34. FedEx (FDX) ($108.61) set a multi-year high at $110.33 on August 1. My semiannual value level is $105.29 with a weekly pivot at $108.54 and monthly risky level at $109.97. JB Hunt Transport (JBHT) ($75.47) set its multi-year high at $78.39 on August 1. My semiannual value level is $72.05 with a weekly risky level at $77.27. Norfolk Southern (NSC) ($74.29) is trading between its 200-day SMA at $70.81 and its 50-day SMA at $74.74. My weekly value level is $72.39 with an annual risky level at $75.90. Old Dominion Freight (ODFL) ($45.65) set a new multi-year high at $45.79 this morning, which is a test of my monthly risky level at $45.73. My weekly value level is $44.82. Union Pacific (UNP) ($160.19) set its multi-year high at $165.18 on July 22. My semiannual value level is $149.48 with a weekly pivot at $160.96 and semiannual risky level at $167.94. United Parcel Service (UPS) ($87.71) set a multi-year high at $91.78 on July 11. My semiannual value level is $83.04 with a weekly risky level at $88.35.
At the time of publication the author had no position in any of the stocks mentioned. Follow @Suttmeier This article was written by an independent contributor, separate from TheStreet's regular news coverage.
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