Category: Stocks
Stock Consideration Change Report: U.S.
Bel Fuse, Cedar Realty Trust, Cousins Properties, Brinker Intn’l, Graco, LTC Properties, Papa Johns, Synaptics all move to Buy Watch. Aetna and Minerals Tech become Holds. Helmerich & Payne is now a Sell consideration. Hold category gains 2 points reaching 61% of the market.
Stock Consideration Report: U.S.
In the most recent Snap-Shot we discussed the move away from overvaluation in MidCap stocks and the increase in overall relative valuation in LargeCap stocks. This directional change has continued with MidCap moving back to 125.5% Fv, a reduction of 4.4 percentage points from our January Considerations Brief. LargeCap has advanced to 116.7% Fv a gain of 3.4 percentage points over the same time period. SmallCap has remained basically unchanged at 122.3% Fv. This movement is welcomed, especially given the corrective environment taking place at the end of last week and early this morning. World markets have joined the U.S. posting major drops in market valuations with the only exception being China.
Stock Consideration Change Report: U.S.
Buy considerations drop to 10%.
Stock Consideration Change Report: U.S.
Wynn Resorts earns a SELL consideration regardless of charges against executive management.
Service Change: C.R. Bard [BCR] no longer in service as it completes merger with Becton Dickinson [BDX]
As previously announced on April 23, 2017, Bard and BD entered into a definitive agreement pursuant to which BD would acquire Bard in a stock and cash transaction.