Speaking of inflections, check out the number of weaker long-term price forecasts (listed below) versus those that have strengthened. This trend has been in place for some time.
Much rides on the 4Q2012 earnings reports, particularly this week.
We’ll also start to get a look at a few of the 2014 annual forecasts as they come out of the blocks. Much rides.
There’s a plethora of study and investment candidates this week. We’re a little reluctant to look at any of these with a return forecast greater than 22.5% (simply from a statistics perspective) but there are plenty of those blue chip stalwarts that are currently getting kicked around. Might the Lost Decade be found?
Universal Electronics (UEIC) and Pepsi (PEP) are among those that trigger attention — and we’ll take a look at least one of these this week.
Materially Stronger: Bridgepoint Education (BPI)
Materially Weaker: Dolby Labs (DLB), Activision Blizzard (ATVI), Treehouse Foods (THS), Village Super Market (VLGEA), Apollo Group (APOL), DTS (DTSI), Career Education (CECO), Avid Technology (AVID), Diamond Foods (DMND), ITT Educational Services (ESI), Synutra (SYUT), Zynga (ZNGA)
Note: After continuing the update (incorporating and factoring in forecast changes and the opinions of S&P and Morningstar, etc.) degradation of fundamentals in Strayer Education (STRA), Synutra (SYUT) and Nutrisystem (NTRI) would have resulted in their removal from the Companies of Interest list. In other words, their quality rating dipped below 55 (Good) and they would no longer qualify for this screen.