ISN Individual U.S. Stock Display Modification
Each of the stock summary pages displays two charts that visually provide the rank of the individual stock within two categories. The categories are the representative group of stocks that are commonly labeled LargeCap and included in the S&P 500 Index© and the second is a larger representation of the U.S. market commonly labeled the AllCap and includes stocks from the S&P 1500 Index©. The larger AllCap index includes stocks from all three market capitalizations, Both charts now show the relative position of the stocks fair value (Fv) in relation to the stocks within the respective category and each chart now incorporates a smoothed line connecting the monthly figures making it easier to visualize changes that have been taking place overtime in terms of the individual stocks position within the respective universe.
Stock Consideration Report: U.S.
Expectations for SmallCap stocks advanced the most since our last report on 1 November adding 3.5 Fv points reaching 115.3% Fv. Returns for the market classification are also improved and now stand at a gain of 10.6% for the year so far. Earlier in the year SmallCap struggled just to get into positive territory. This is an improvement of nearly 4% from earlier this month. LargeCap remains the leader at 16.2% for the year which is more than double the long-term average of 7%. Valuations remain reasonable at just 7.2 Fv points above 100% fair value. This is well within the normal fair value range, but is an increase of 1.2 Fv points in three weeks. We could easily experience a slight pause in gains as reality catches up to expectations.
Stock Consideration Change Report – U.S.
Most of the Movement was from BUY WATCH to BUY for Consideration.
ISN U.S. Stock Coverage Update
Several stocks were added to the stock coverage due to acquisition activity. Brocade Communications Systems [BRCD] and Lumos Networks Corporation [LMOS] were acquired. Broadcom [AVGO] acquired Brocade Communications and is now included within Broadcom’s valuation. Lumos Networks was acquired by EQT Infrastructure a private alternative investments firm and no longer covered
U.S. Stock Consideration Change Report
Helmerich & Payne leaves the BUY consideration list while 7 others join the SELL WATCH consideration list.