ValuEngine Upgrades Five Companies to Highest Rating

Strategic Insights -

Five companies, including Constellation Energy Group (CEG) and Canadian Natural Resources (CNQ), have been upgraded to a "5" rating by ValuEngine, Inc., the service's highest assessment. This rating combines five key factors: proprietary valuation, risk-return tradeoff, momentum, market capitalization, and forecasted one-month return. The upgrades also include SL Green Realty Cp (SLG), Sanofi-Aventis (SNY), and Ashland Inc (ASH). ValuEngine rates approximately 80 to 85 companies with this highest rating out of its total coverage of over 5,000 publicly traded companies.

Key Takeaways:

  • ValuEngine, Inc. has upgraded five companies, including Constellation Energy Group (CEG), Canadian Natural Resources (CNQ), SL Green Realty Cp (SLG), Sanofi-Aventis (SNY), and Ashland Inc (ASH), to a "5" rating.
  • The "5" rating combines five key factors: proprietary valuation, risk-return tradeoff, momentum, market capitalization, and forecasted one-month return.
  • Only approximately 80 to 85 companies out of over 5,000 publicly traded companies achieve this highest rating on ValuEngine.
  • The upgrades were made by ValuEngine, a subscription-based business intelligence and market analysis firm.
  • A special arrangement between the Investrend Research Syndicate and ValuEngine provides for preferred introductions and complimentary value-added services for those enrolling into ValuEngine programs.
  • Comtex SmarTrend Alert previously indicated a downtrend for CEG and CNQ, but an uptrend for SLG.

Statistics:

  • 80-85 companies achieve the highest ValuEngine rating out of over 5,000 publicly traded companies.
  • Five companies were upgraded to a "5" rating: Constellation Energy Group (CEG), Canadian Natural Resources (CNQ), SL Green Realty Cp (SLG), Sanofi-Aventis (SNY), and Ashland Inc (ASH).
  • ValuEngine's total coverage includes over 5,000 publicly traded companies.
  • CEG's previous downtrend was indicated by the Comtex SmarTrend Alert at $33.03 on 01-22-2010.
  • CNQ's previous downtrend was indicated by the Comtex SmarTrend Alert at $66.80 on 01-22-2010.
  • SLG's previous uptrend was indicated by the Comtex SmarTrend Alert at $43.50 on 11-16-2009.

Sources:

  • FinancialWire via COMTEX
  • (Comment on this article at http://www.financialwire.net/2010/01/29/valuengine-upgrades-constellation-energy-canadian-natural-resources-sl-green-realty-sanofi-aventis-ashland/)
  • Investrend Research Syndicate
  • ValuEngine, Inc.
  • Comtex News Network, Inc.