Investment Strategy Today

Investment Strategy Network Daily View Highlighting Economic activity, Fair Value Changes and Stock Consideration Changes.

Americas: Daily Thursday, August 16, 2018

PDF Version: Daily 228

ECONOMIC Changes & Implications

            HOUSING:

                        Permits: 1,311,000, 1.5% increase MOM, 4.2% increase YOY

Starts: 1,1168,000, 0.9% increase MOM, 1.4% increase YOY

Completions: 1,188,000, 1.7% increase MOM, 0.8% increase YOY

EMPLOYMENT:

Initial Jobless Claims: 212,000, down by 2,000 WOW

4 week moving average: 215,500, up by 1,000 WOW

 

STOCK FAIR VALUE: Changes

 

 

        Ratings Increase/Decrease
          Revenue Earnings Dividends
Ticker Name Old Fv New Fv Change      
AAOI Applied Optoelectronics 58 52 -6 Decrease Decrease  
CCOI Cogent Communications 47 43 -4   Decrease  
CDK CDK Global 61 64 3   Increase  
CMG Chipotle Mexican Grill 327 323 -4   Decrease  
CNSL Consolidated Communications 22 29 7   Increase  
COKE Coca-Cola Bottling 211 206 -5 Decrease Decrease  
EBS Emergent Biosolutions 37 40 3 Increase Increase  
EDR Education Realty Trust 45 49 4   Increase  
ELY Callaway Golf 16 20 4   Increase  
FBHS Fortune Brands 66 69 3 Increase Increase  
ICUI ICU Medical 200 215 15   Increase  
JEF Jefferies Financial Grp 23 27 4   Increase  
MED Medifast 81 84 3 Increase Increase Increase
REG Regency Centers 75 71 -4   Decrease  
RYAM Rayonier Advanced Materials 24 31 7 Increase Increase  
SCRL Stericycle 73 66 -7 Decrease Decrease  
SYMC Symantec 19 22 3   Increase  
TFX Teleflex 228 220 -8   Decrease  
TTWO Take-Two 68 65 -3   Decrease  
VRTS Virtus 98 101 3 Increase Increase  
VRTV Veritiv 29 38 9   Increase  
ANDE Andersons 36 32 -4   Decrease  
AON AON PLC 134 131 -3   Decrease  
BRK/B Berkshire Hathaway 178 182 4   Increase  
CBS CBS 61 67 6   Increase  
CVS CVS Health 92 89 -3 Decrease Decrease  
EGN Energen Corp 59 67 8 Increase Increase  
EMR Emerson Electric 65 68 3 Increase Increase  
EQIX Equinix 436 423 -13   Decrease  
ETR Entergy Corp 76 72 -4   Decrease  
FOSL Fossil Grp 38 42 4   Increase  
HUM Humama 243 238 -5   Decrease  
LIVN LivaNova 68 72 4 Increase Increase  
MCK McKesson 177 185 8   Increase  
OMI Owens & Minor 25 21 -4   Decrease  
PRU Prudential Financial 128 124 -4   Decrease  
SFLY ShutterFly 59 70 11 Increase Increase  
TDG Transdigm Grp 281 286 5   Increase  
TTWO Take-Two Interactive 73 68 -5   Decrease  
USCR U.S. Concrete 63 68 5   Increase  
WLTW Willis Towers Watson 149 158 9 Increase Increase  
XRAY DENTSPLY SIRONA 49 55 6   Increase  
DAL Delta Air Lines 60 63 3     Increase
AIN Albany Intl Corp 59 62 3   Increase  
ASIX AdvanSix 25 22 -3 Decrease Decrease  
BRK/B Berkshire Hathaway 178 169 9   Increase  
BRKS Brooks Automation 33 25 -8   Decrease  
CAH Cardinal Health 73 67 -6   Decrease Decrease
CVCO Cavco Industries 154 150 -4   Decrease  
INTL INTL FCStone 49 42 -7 Decrease    
KMT Kennametal 35 41 6   Increase  
NFLX Netflix 200 214 14 Increase Increase  
OFIX Orthofix Medical 35 39 4   Increase  

STOCK CONSIDERATIONS: Buy, Buy Watch, Hold, Sell Watch, Sell

Added to List
BUY

 

Varex Imaging [VREX]

 

BUY WATCH

 

Astec Industries [ASTE]

Cedar Realty [CDR]

Cloud Peak Energy [CLD]

Perrigo Company [PRGO]

 

HOLD Ascena Retail Grp [ASNA]

Bonanza Creek Energy [BCEI]

Callaway Golf [ELY]

Cardtronics PLC [CATM]

Chico’s FAS [CHS]

Gannett Co [GCI]

Progenics Pharmaceuticals [PGNX]

 

SELL WATCH

 

Allscripts [MDRX]

DSW, Inc [DSW]

 

SELL

 

Powell Industries [POWL]

Buy Consideration – stock should be considered for inclusion in a portfolio where appropriate.

Buy Watch Consideration– stock has become undervalued and may soon be considered for a Buy once the stock shows a probability to return to fair value.

Hold Consideration– stock is priced in the fair value range of 120% Fv to 90% Fv. When a Sell stock returns to below 120% Fv or a Buy stock moves above 90% Fv they revert to a Hold classification.

Sell Watch Consideration– stock has become overvalued and may soon become a sell consideration when the probability of the stock returning to fair value becomes higher.

Sell Consideration– stock should be considered for being removed from the portfolio

Posted by Steven Albrecht