Michael Kors Dethroned By CBS On ValuEngine Top-Ten SP500 Stock List

It took a long time, but Michael Kors (KORS) has finally been dethroned as our top S&P500 stock. It has been replaced by media giant CBS (CBS) --which was in ninth place in our last edition.

--Michael Kors Dethroned By CBS On ValuEngine Top-Ten SP500 Stock List

 

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 S&P 500. The companies listed below represent the top-ten BUY/STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.

It took a long time, but Michael Kors (KORS) has finally been dethroned as our top S&P500 stock. The company was in first place for the last three editions of our S&P 500 list. It has been replaced by media giant CBS (CBS) --which was in ninth place in our last edition. KLA-Tencor (KLAC) also moved up one spot. Declines ruled this edition, with Applied Materials (AMAT), Tyson Foods (TSN), and Global Payments also falling several positions.

We see some turnover this time around, with newcomers Scripps Networks (SNI), Entergy (ETR), Untied Rentals (URI), and Zimmer Biomet (ZBH) making their debuts. Those new companites replaced Dow Chemical (DOW), LAM Research (LCRX), General Motors (GM), and Edwards Lifesciences (EW).

Each company in our top-ten list is ranked STRONG BUY or BUY this time around.

Ticker

Company Name

Market Price

Valuation

Last 12-M Retrn

1-M Forecast Retn

1-Yr Forecast Retn

P/E Ratio

Sector Name

August 4, 2016

CBS

CBS CORP

52.14

-22.28%

20.47%

1.09%

13.08%

13.64

Consumer Discretionary

KORS

KLAC

KLA-TENCOR CORP

68.9

-5.11%

32.04%

1.07%

12.88%

14.05

Computer and Technology

AMAT

AMAT

APPLD MATLS INC

29.43

-5.11%

88.65%

1.05%

12.56%

19.49

Computer and Technology

KLAC

SNI

SCRIPPS NETWRKS

61.5

-12.74%

16.88%

1.03%

12.32%

11.60

Consumer Discretionary

GPN

ETR

ENTERGY CORP

76.94

1.66%

22.46%

1.00%

12.04%

9.84

Utilities

DOW

KORS

MICHAEL KORS

47.49

-33.11%

10.06%

0.99%

11.84%

10.86

Consumer Discretionary

TSN

TSN

TYSON FOODS  A

73.1

4.35%

68.82%

0.97%

11.68%

16.59

Consumer Staples

LRCX

URI

UTD RENTALS INC

78.69

-2.13%

16.35%

0.93%

11.21%

9.67

Construction

GM

GPN

GLOBAL PAYMENTS

73.52

-48.16%

30.59%

0.89%

10.61%

24.59

Business Services

CBS

ZBH

ZIMMER BIOMET

123.41

-4.72%

24.61%

0.86%

10.32%

15.72

Medical

EW

NOTE: New stocks are in BOLD.

Below is today's data on one of our SP500 top-ten newcomers, Scripps Networks (SNI).

SCRIPPS NETWORKS INTERACTIVE INC. is the leading developer of lifestyle-oriented content for television and the Internet, where on-air programming is complemented with online video, social media areas and e-commerce components on companion Web sites and broadband vertical channels. The company's media portfolio includes: Lifestyle Media, with popular lifestyle television and Internet brands HGTV, Food Network, DIY Network, Fine Living Network and country music network Great American Country (GAC); and Interactive Services, with leading online search and comparison shopping services, Shopzilla and uSwitch.

ValuEngine continues its STRONG BUY recommendation on SCRIPPS NETWRKS for 2016-09-14. Based on the information we have gathered and our resulting research, we feel that SCRIPPS NETWRKS has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and P/E Ratio.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

62.13 1.03%

3-Month

62.50 1.62%

6-Month

62.51 1.64%

1-Year

69.08 12.32%

2-Year

59.57 -3.14%

3-Year

48.75 -20.73%

 

Valuation & Rankings

Valuation

12.74% undervalued

Valuation Rank(?)

70

1-M Forecast Return

1.03%

1-M Forecast Return Rank

98

12-M Return

16.88%

Momentum Rank(?)

73

Sharpe Ratio

0.32

Sharpe Ratio Rank(?)

71

5-Y Avg Annual Return

7.83%

5-Y Avg Annual Rtn Rank

70

Volatility

24.39%

Volatility Rank(?)

66

Expected EPS Growth

-1.76%

EPS Growth Rank(?)

20

Market Cap (billions)

8.12

Size Rank

89

Trailing P/E Ratio

11.60

Trailing P/E Rank(?)

86

Forward P/E Ratio

11.81

Forward P/E Ratio Rank

73

PEG Ratio

n/a

PEG Ratio Rank

n/a

Price/Sales

2.43

Price/Sales Rank(?)

39

Market/Book

3.75

Market/Book Rank(?)

32

Beta

1.24

Beta Rank

32

Alpha

0.06

Alpha Rank

71

 


 

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

54.91%

Stocks Overvalued

45.09%

Stocks Undervalued by 20%

22.02%

Stocks Overvalued by 20%

14.27%

ValuEngine Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Multi-Sector Conglomerates

-0.44%

-2.62%

5.43%

16.36% overvalued

1.26%

19.69

Computer and Technology

-0.04%

-0.82%

14.15%

2.77% overvalued

7.50%

29.07

Industrial Products

0.04%

-1.66%

13.86%

2.60% overvalued

9.85%

22.55

Consumer Staples

-0.20%

-2.01%

8.30%

2.50% overvalued

12.87%

24.04

Basic Materials

-0.15%

-1.29%

42.74%

2.11% overvalued

61.22%

30.41

Oils-Energy

-0.72%

-1.97%

28.36%

1.72% overvalued

-5.69%

24.41

Utilities

0.06%

-1.46%

8.81%

1.04% overvalued

14.83%

21.36

Aerospace

-0.39%

0.70%

-0.43%

0.16% undervalued

1.93%

17.94

Finance

-0.15%

-1.37%

5.61%

0.83% undervalued

4.57%

16.29

Consumer Discretionary

0.02%

-0.69%

7.44%

1.40% undervalued

1.32%

23.55

Business Services

-0.15%

-0.54%

13.31%

1.90% undervalued

1.37%

24.17

Transportation

-0.65%

-1.36%

10.02%

3.40% undervalued

-15.92%

15.00

Construction

0.12%

-2.42%

26.93%

5.42% undervalued

9.82%

19.56

Medical

-0.09%

-0.11%

0.03%

6.84% undervalued

-14.81%

27.09

Auto-Tires-Trucks

-0.13%

-0.55%

4.01%

7.07% undervalued

2.85%

13.40

Retail-Wholesale

-0.10%

-2.02%

-0.38%

8.07% undervalued

-4.57%

21.97

 

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day. 

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

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