At www.ValuEngine.com we show that the Autos-Tires-Trucks sector is the cheapest sector at 9.4% undervalued. All nine of eleven stocks in today’s table have complete ValuEngine data and most have enough price data to have enough value levels, risky levels and pivots.
ACW – has been below $10 since the week of August 12, 2011.
CVGI – has been below $10 since the week of May 25, 2012.
FDML – has been below $10 just since October 10, 2012.
MOD – has been below $10 since the week of March 2, 2012.
MPAA – has been below $10 since the week of April 27, 2012.
MTOR – has been below $10 since the week of November 4, 2011.
SPAR – has been below $10 since the week of July 31, 2009.
STS – has been below $10 for at least five years.
TOWR – has been below $10 since the week of July 20, 2012.
WNC – has been below $10 since the week of April 13, 2012.
ZX – has been below $10 since it began to trade in the US since May 2011.
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. The only overvalued stock in this table is MPAA by 25.3%. The most undervalued stock is ACW by 55.8%.
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. We have five Hold rated stocks, five Sell rated stocks, and one Strong Sell rated stock, ACW.
Last 12-Month Return (%) – Stocks with a Red number declined by that percentage over the last twelve months. Stocks with a Black number increased by that percentage. The best performer over the past twelve months is STS with a gain of 89.3%. The worst performer is FDML with a loss of 59.4%.
Forecast 1-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. All eleven stocks are projected to move sideways to down over the next twelve months.
P/E Ratios – Two stocks (ACW & MPAA) do not have calculated P/E ratios. Six stocks have P/E ratios below 5.
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.
Where to Buy and Where to Sell – A “Value Level” is a price at which buyers should add to positions on market price weakness. A “Risky Level” is a price at which sellers should reduce holdings on market price gains. A “Pivot” is a support or resistance (Value Level or Risky Level) that was violated in its time horizon, acting as a magnet during the remainder of that time horizon. These levels are calculated in weekly (W), monthly (M), quarterly (Q), semiannual (S) and annual (A) time horizons, based on the past nine closes in each time horizon. My theory is that the closes over a nine-year period are the summation of all bullish and bearish events for that market or specific stock. These levels are the most important element of my Buy and Trade Strategy.
Buy and Trade Guidelines: Investors should consider entering good until cancelled (GTC) orders to buy weakness to a value level, or to sell strength to a risky level.