Top Five Buy/Strong Buy Upgrades - May 16, 2016

ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities. We combine all of the equities with a valuation calculation to track market valuation figures and use them as a metric for making calls about the overall state of the market.Two factors can lower these figures-- a market pullback, or a significant rise in EPS estimates.

So, for today's bulletin we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Duke Energy (DUK) is the leader here.

Ticker

Company Name

Market Price

Valuation

Last 12-M Return

1-M Forecast Return

1-Yr Forecast Return

P/E Ratio

Sector Name

DUK

DUKE ENERGY CP

80.77

5.03%

8.50%

0.53%

6.34%

18.22

Utilities

HPT

HOSPITALITY PRP

26.23

-9.36%

-11.24%

0.51%

6.15%

7.57

Finance

LXP

LEXINGTON PPTY

9.41

-2.91%

4.91%

1.10%

13.17%

8.33

Finance

LAKE

LAKELAND INDS

8.17

-12.80%

-7.26%

0.55%

6.54%

10.47

Industrial Products

EHTH

EHEALTH INC

13.21

45.46%

6.45%

0.52%

6.20%

16.18

Finance

Below is today's data on Duke Energy (DUK):

Duke Energy Corporation (DUK) is an integrated energy and energy services provider with the ability to offer physical delivery and management of both electricity and natural gas throughout the U.S. and abroad. Duke Energy provides these and other services through seven business segments: Electric Operations; Natural Gas Transmission; Field Services; Trading and Marketing; Global Asset Development; Other Energy Services; Real Estate Operations.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from HOLD to BUY for DUKE ENERGY CP on 2016-05-13. Based on the information we have gathered and our resulting research, we feel that DUKE ENERGY CP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Volatility.

You can download a free copy of detailed report on DUK from the link below.

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

81.20 0.53%

3-Month

82.52 2.17%

6-Month

84.08 4.10%

1-Year

85.89 6.34%

2-Year

91.83 13.70%

3-Year

92.74 14.82%

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

60.99%

Stocks Overvalued

39.01%

Stocks Undervalued by 20%

27.2%

Stocks Overvalued by 20%

12.93%

ValuEngine Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Utilities

-0.70%

-0.91%

5.89%

7.71% overvalued

-0.54%

23.21

Consumer Staples

-0.67%

-0.76%

4.93%

7.04% overvalued

-1.37%

23.89

Basic Materials

-1.12%

-5.56%

26.45%

5.63% overvalued

9.86%

29.13

Multi-Sector Conglomerates

-1.39%

-2.22%

2.68%

3.09% overvalued

-10.56%

16.95

Industrial Products

-0.94%

-2.77%

2.96%

1.47% overvalued

-12.83%

19.93

Aerospace

-0.71%

-0.75%

-3.41%

0.24% undervalued

-7.87%

18.47

Oils-Energy

-1.07%

-5.89%

8.99%

1.63% undervalued

-38.92%

21.59

Construction

-0.52%

-1.15%

17.93%

3.03% undervalued

-6.59%

20.54

Finance

-0.66%

-1.45%

-0.24%

3.84% undervalued

-6.58%

15.72

Business Services

-0.61%

-1.12%

7.33%

5.42% undervalued

-9.28%

22.11

Computer and Technology

-0.30%

-3.13%

2.66%

6.26% undervalued

-11.07%

25.85

Consumer Discretionary

-0.84%

-1.64%

1.09%

6.54% undervalued

-11.22%

21.23

Auto-Tires-Trucks

-1.20%

-4.72%

-3.57%

9.37% undervalued

-18.26%

11.46

Medical

0.36%

-5.09%

-8.15%

11.26% undervalued

-21.56%

26.06

Transportation

-1.07%

-5.12%

-0.49%

14.69% undervalued

-30.01%

13.09

Retail-Wholesale

-0.98%

-4.82%

-4.98%

14.87% undervalued

-16.69%

21.36

VALUATION WATCH: Overvalued stocks now make up 39.01% of our stocks assigned a valuation and 12.93% of those equities are calculated to be overvalued by 20% or more. Five sectors are calculated to be overvalued.

Disclosure: None.

Disclaimer: ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, ...

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