{"id":949,"date":"2017-10-16T23:40:19","date_gmt":"2017-10-16T23:40:19","guid":{"rendered":"http:\/\/blog.valuengine.com\/?p=949"},"modified":"2017-10-17T00:05:07","modified_gmt":"2017-10-17T00:05:07","slug":"949","status":"publish","type":"post","link":"http:\/\/blog.valuengine.com\/index.php\/949\/","title":{"rendered":"ValuEngine Upgrades Owens Illinois to STRONG BUY"},"content":{"rendered":"<p><strong><span style=\"color: #000080;\">For today&#8217;s bulletin, we take a look at our latest STRONG BUY and BUY upgrades and focus on one of our top upgrades for the day, Owens-Illinois $OI. We also provide a link to download a FREE STOCK REPORT on the company<\/span><\/strong><\/p>\n<p><span style=\"color: #000080;\"><strong>VALUATION WATCH: Overvalued stocks now make up 60.52% of our stocks assigned a valuation and 25.88% of those equities are calculated to be overvalued by 20% or more. Fourteen sectors are calculated to be overvalued. Because overvaluation is now calculated to be above 60%, we have re-instituted our valuation watch.<\/strong><\/span><\/p>\n<p>To subscribe to our bulletins and receive content whenever it is published, subscribe at our blog <a href=\"http:\/\/blog.valuengine.com\/index.php\/blog\/\">HERE<\/a><\/p>\n<p>For today&#8217;s edition of our upgrade list, we used our <strong><a href=\"http:\/\/www.valuengine.com\/ve\/AdvancedScreen\">website&#8217;s advanced screening functions<\/a><\/strong> to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Owens-Illinois and Itochu Corp are STRONG BUY stocks. The other companies are ranked BUY. We did not have five upgrades today with full data, so we included Itochu, Smurfit Kappa, and Party City as a courtesy.<\/p>\n<table width=\"45%\">\n<tbody>\n<tr>\n<td width=\"37\"><strong>Ticker<\/strong><\/td>\n<td width=\"70\"><strong>Company Name<\/strong><\/td>\n<td width=\"43\"><strong>Market Price<\/strong><\/td>\n<td width=\"53\"><strong>Valuation<\/strong><\/td>\n<td width=\"49\"><strong>Last 12-M Return<\/strong><\/td>\n<td width=\"53\"><strong>1-M Forecast Return<\/strong><\/td>\n<td width=\"53\"><strong>1-Yr Forecast Return <\/strong><\/td>\n<td width=\"31\"><strong>P\/E Ratio<\/strong><\/td>\n<td width=\"80\"><strong>Sector Name<\/strong><\/td>\n<\/tr>\n<tr>\n<td>OI<\/td>\n<td>OWENS-ILLINOIS<\/td>\n<td>25.56<\/td>\n<td>-3.43%<\/td>\n<td>50.09%<\/td>\n<td>1.09%<\/td>\n<td>13.06%<\/td>\n<td>9.95<\/td>\n<td>Industrial Products<\/td>\n<\/tr>\n<tr>\n<td>ITOCY<\/td>\n<td>ITOCHU CORP<\/td>\n<td>33.76<\/td>\n<td>N\/A<\/td>\n<td>38.30%<\/td>\n<td>1.08%<\/td>\n<td>13.01%<\/td>\n<td>9.24<\/td>\n<td>Retail-Wholesale<\/td>\n<\/tr>\n<tr>\n<td>SMFKY<\/td>\n<td>SMURFIT KAPPA<\/td>\n<td>29.63<\/td>\n<td>N\/A<\/td>\n<td>N\/A<\/td>\n<td>0.53%<\/td>\n<td>6.31%<\/td>\n<td>15.27<\/td>\n<td>Basic Materials<\/td>\n<\/tr>\n<tr>\n<td>PRTY<\/td>\n<td>PARTY CITY HOCO<\/td>\n<td>12.15<\/td>\n<td>N\/A<\/td>\n<td>-28.95%<\/td>\n<td>0.52%<\/td>\n<td>6.27%<\/td>\n<td>10.21<\/td>\n<td>Consumer Discretionary<\/td>\n<\/tr>\n<tr>\n<td>MDP<\/td>\n<td>MEREDITH CORP<\/td>\n<td>55<\/td>\n<td>-4.77%<\/td>\n<td>11.74%<\/td>\n<td>0.50%<\/td>\n<td>6.02%<\/td>\n<td>14.21<\/td>\n<td>Consumer Staples<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>For today&#8217;s bulletin, we take a look at Owens-Illinois (OI). Owens-Illinois, Inc. manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. The Company produces glass containers for malt beverages, including beer and ready-to-drink low-alcohol refreshers, liquor, wine, food, tea, juice and pharmaceuticals. It also produces glass containers for soft drinks and other non-alcoholic beverages. Owens-Illinois, Inc. is headquartered in Perrysburg, Ohio.<\/p>\n<p>Below is our latest data for Owens-Illinois (OI):<\/p>\n<p>ValuEngine updated its recommendation from BUY to STRONG BUY for OWENS-ILLINOIS on 2017-10-13. Based on the information we have gathered and our resulting research, we feel that OWENS-ILLINOIS has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P\/E Ratio and Momentum.<\/p>\n<p>You can download a free copy of detailed report on Owens-Illinois (OI) from the link below.<\/p>\n<p>&nbsp;<\/p>\n<table width=\"45%\">\n<tbody>\n<tr>\n<td colspan=\"3\"><strong>ValuEngine Forecast<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"90\"><\/td>\n<th width=\"122\">Target<br \/>\nPrice*<\/th>\n<th width=\"113\">Expected<br \/>\nReturn<\/th>\n<\/tr>\n<tr>\n<td><strong>1-Month<\/strong><\/td>\n<td>25.84<\/td>\n<td>1.09%<\/td>\n<\/tr>\n<tr>\n<td><strong>3-Month<\/strong><\/td>\n<td>25.30<\/td>\n<td>-1.03%<\/td>\n<\/tr>\n<tr>\n<td><strong>6-Month<\/strong><\/td>\n<td>25.33<\/td>\n<td>-0.91%<\/td>\n<\/tr>\n<tr>\n<td><strong>1-Year<\/strong><\/td>\n<td>28.90<\/td>\n<td>13.06%<\/td>\n<\/tr>\n<tr>\n<td><strong>2-Year<\/strong><\/td>\n<td>25.30<\/td>\n<td>-1.02%<\/td>\n<\/tr>\n<tr>\n<td><strong>3-Year<\/strong><\/td>\n<td>24.66<\/td>\n<td>-3.53%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table width=\"65%\">\n<tbody>\n<tr>\n<td colspan=\"4\"><strong>Valuation &amp; Rankings<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"29%\"><strong>Valuation<\/strong><\/td>\n<td width=\"21%\">3.43% undervalued<\/td>\n<td width=\"29%\"><strong>Valuation Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td width=\"25%\">66<\/td>\n<\/tr>\n<tr>\n<td><strong>1-M Forecast Return<\/strong><\/td>\n<td>1.09%<\/td>\n<td><strong>1-M Forecast Return Rank<\/strong><\/td>\n<td>99<\/td>\n<\/tr>\n<tr>\n<td><strong>12-M Return<\/strong><\/td>\n<td>50.09%<\/td>\n<td><strong>Momentum Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>85<\/td>\n<\/tr>\n<tr>\n<td><strong>Sharpe Ratio<\/strong><\/td>\n<td>0.22<\/td>\n<td><strong>Sharpe Ratio Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>60<\/td>\n<\/tr>\n<tr>\n<td width=\"29%\"><strong>5-Y Avg Annual Return<\/strong><\/td>\n<td>5.87%<\/td>\n<td><strong>5-Y Avg Annual Rtn Rank<\/strong><\/td>\n<td>60<\/td>\n<\/tr>\n<tr>\n<td><strong>Volatility<\/strong><\/td>\n<td>27.12%<\/td>\n<td><strong>Volatility Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>56<\/td>\n<\/tr>\n<tr>\n<td><strong>Expected EPS Growth<\/strong><\/td>\n<td>8.17%<\/td>\n<td><strong>EPS Growth Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>34<\/td>\n<\/tr>\n<tr>\n<td><strong>Market Cap (billions)<\/strong><\/td>\n<td>4.22<\/td>\n<td><strong>Size Rank<\/strong><\/td>\n<td>80<\/td>\n<\/tr>\n<tr>\n<td><strong>Trailing P\/E Ratio<\/strong><\/td>\n<td>9.95<\/td>\n<td><strong>Trailing P\/E Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>93<\/td>\n<\/tr>\n<tr>\n<td><strong>Forward P\/E Ratio<\/strong><\/td>\n<td>9.19<\/td>\n<td><strong>Forward P\/E Ratio Rank<\/strong><\/td>\n<td>88<\/td>\n<\/tr>\n<tr>\n<td><strong>PEG Ratio<\/strong><\/td>\n<td>1.22<\/td>\n<td><strong>PEG Ratio Rank<\/strong><\/td>\n<td>39<\/td>\n<\/tr>\n<tr>\n<td><strong>Price\/Sales<\/strong><\/td>\n<td>0.63<\/td>\n<td><strong>Price\/Sales Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>81<\/td>\n<\/tr>\n<tr>\n<td><strong>Market\/Book<\/strong><\/td>\n<td>5.41<\/td>\n<td><strong>Market\/Book Rank<\/strong>(<a href=\"http:\/\/www.valuengine.com\/ve\/ValuationSummary#\">?<\/a>)<\/td>\n<td>26<\/td>\n<\/tr>\n<tr>\n<td><strong>Beta<\/strong><\/td>\n<td>1.58<\/td>\n<td><strong>Beta Rank<\/strong><\/td>\n<td>18<\/td>\n<\/tr>\n<tr>\n<td><strong>Alpha<\/strong><\/td>\n<td>0.08<\/td>\n<td><strong>Alpha Rank<\/strong><\/td>\n<td>71<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><em><strong><a href=\"http:\/\/www.valuengine.com\/download\/report\/TMP_VE_OI_20171016046630.pdf\">DOWNLOAD A FREE SAMPLE OF OUR OWENS_ILLIONOIS (OI) REPORT BY CLICKING HERE <\/a><\/strong><\/em><\/p>\n<p>&nbsp;<\/p>\n<p>ValuEngine.com is an Independent Research Provider (IRP), producing buy\/hold\/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day.<br \/>\nContact ValuEngine at (800) 381-5576 or support@valuengine.com<br \/>\n<a href=\"http:\/\/www.valuengine.com\/pub\/VeSubscribeInfo\"><strong>Visit www.ValuEngine.com for more information<\/strong><\/a><\/p>\n<h1><\/h1>\n<p>ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine&#8217;s award-winning stock research.<br \/>\nContact ValuEngine Capital at info@valuenginecapital.com<br \/>\n<a href=\"http:\/\/valuenginecapital.com\/\"><strong>Visit www.ValuEngineCapital.com for more information<\/strong><\/a><\/p>\n<h1><\/h1>\n","protected":false},"excerpt":{"rendered":"<p>For today&#8217;s bulletin, we take a look at our latest STRONG BUY and BUY upgrades and focus on one of our top upgrades for the day, Owens-Illinois $OI. We also provide a link to download a FREE STOCK REPORT on the company VALUATION WATCH: Overvalued stocks now make up 60.52% of our stocks assigned a &#8230; <a title=\"ValuEngine Upgrades Owens Illinois to STRONG BUY\" class=\"read-more\" href=\"http:\/\/blog.valuengine.com\/index.php\/949\/\" aria-label=\"More on ValuEngine Upgrades Owens Illinois to STRONG BUY\">Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[11,8,142,770,9,6,7,413,5,602],"_links":{"self":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/949"}],"collection":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/comments?post=949"}],"version-history":[{"count":3,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/949\/revisions"}],"predecessor-version":[{"id":954,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/949\/revisions\/954"}],"wp:attachment":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/media?parent=949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/categories?post=949"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/tags?post=949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}