Mispriced Large-Cap Stocks
| TestDate: 12/23/2010 | |||||||||||||||||||||||
| Actual | Fair | Mispricing | Actual | Fair | Mispricing | ||||||||||||||||||
| Mispricing | Ticker | Name | Price | Value | % | Mispricing | Ticker | Name | Price | Value | % | ||||||||||||
| Undervalue | ITOCY | Itochu Adr | 19.67 | 34 | -42% | Overvalue | TINLY | Teijin Adr | 41.6 | 18 | 131% | ||||||||||||
| Undervalue | KAEPY | Kansai Elect Pwr Adr | 12 | 20 | -40% | Overvalue | BTLCY | British Land Plc Adr | 8.35 | 4.5 | 85% | ||||||||||||
| Undervalue | NDEKY | Nitto Denko Adr | 46.5 | 65 | -28% | Overvalue | WFGPY | Westfield Grp Adr | 24.62 | 15 | 64% | ||||||||||||
| Undervalue | CLPHY | Clp Hldgs Adr | 8.13 | 11 | -26% | Overvalue | ANV | Allied Nevada Gold | 25.79 | 20 | 28% | ||||||||||||
| Undervalue | MI | Marshall & Ilsley | 6.66 | 9 | -26% | Overvalue | PEXNY | Ptt Expl & Prod Adr | 11.27 | 9 | 25% | ||||||||||||
| Undervalue | NRG | Nrg Energy | 19.19 | 26 | -26% | Overvalue | CRNCY | Cairn Energy Plc Adr | 13.21 | 11 | 20% | ||||||||||||
| Undervalue | RDEIY | Red Electrica Adr | 9.58 | 13 | -26% | Overvalue | BIDU | Baidu Adr | 100.16 | 84 | 19% | ||||||||||||
| Undervalue | CLS | Celestica | 9.71 | 13 | -25% | Overvalue | JMHLY | Jardine Matheson Adr | 44.23 | 37 | 19% | ||||||||||||
| Undervalue | ECIFY | Elec De France Adr | 8.22 | 11 | -25% | Overvalue | ARMH | Arm Holdgs Adr | 20.15 | 17 | 18% | ||||||||||||
| Undervalue | STBUY | Sumitomo Tr & Bk Adr | 6.33 | 8.5 | -25% | Overvalue | NG | Novagold Rsc | 14.2 | 12 | 18% | ||||||||||||
| Undervalue | THC | Tenet Healthcare | 6.71 | 9 | -25% | Overvalue | SUHJY | Sun Hung Kai Pro Adr | 16.48 | 14 | 17% | ||||||||||||
| Undervalue | BRRAY | Barloworld Adr | 9.88 | 13 | -24% | Overvalue | TCEHY | Tencent Holdings Adr | 22.36 | 19 | 17% | ||||||||||||
| Undervalue | BRCD | Brocade Comm System | 5.39 | 7 | -23% | Overvalue | AQPTY | Aquarius Platinm Adr | 10.45 | 9 | 16% | ||||||||||||
| Undervalue | CBL | Cbl & Associats Prop | 17.64 | 23 | -23% | Overvalue | BPT | Bp Prudhoe Bay Rlty | 122.44 | 105 | 16% | ||||||||||||
| Undervalue | LGGNY | Legal & Gnrl Grp Adr | 7.62 | 10 | -23% | Overvalue | FANUY | Fanuc Adr | 24.52 | 21 | 16% | ||||||||||||
| Undervalue | JBL | Jabil Circuit | 19.93 | 26 | -23% | Overvalue | FFIV | F5 Networks | 135.59 | 116 | 16% | ||||||||||||
| Undervalue | AWC | Alumina Adr | 10.06 | 13 | -22% | Overvalue | HHILY | Hopewell Highway Adr | 7.58 | 6.5 | 16% | ||||||||||||
| Undervalue | EDMC | Education Mgmt | 14.81 | 19 | -22% | Overvalue | POAHY | Porsche Autmbl Seadr | 8.13 | 7 | 16% | ||||||||||||
| Undervalue | ENLAY | Enel Soc Azioni Adr | 5.01 | 6.5 | -22% | Overvalue | LLESY | Lend Lease Grp Adr | 8.74 | 7.5 | 16% | ||||||||||||
| Undervalue | GCI | Gannett | 15.43 | 20 | -22% | Overvalue | DNDN | Dendreon | 36.86 | 32 | 15% | ||||||||||||
| Undervalue | MFA | Mfa Mortgage Invstnt | 8.19 | 10.5 | -22% | Overvalue | VMW | Vmware | 88.95 | 77 | 15% | ||||||||||||
| Undervalue | MFC | Manulife Fin'L | 17.04 | 22 | -22% | Overvalue | ARUN | Aruba Networks | 21.74 | 19 | 14% | ||||||||||||
| Undervalue | SANYY | Sanyo Electric Adr | 7.75 | 10 | -22% | Overvalue | AEM | Agnico Eagle Mines | 75.6 | 66 | 14% | ||||||||||||
| Undervalue | SJM | Smucker (J.M.) | 65.84 | 85 | -22% | Overvalue | IDKOY | Idemistsu Kosan Adr | 21.74 | 19 | 14% | ||||||||||||
| Undervalue | FLEX | Flextronics Int'L | 7.82 | 10 | -21% | Overvalue | SZEVY | Suez Environnement | 10.29 | 9 | 14% | ||||||||||||
| Undervalue | KMR | Kinder Morgan Mgmt | 65.2 | 83 | -21% | Overvalue | VRTX | Vertex Pharm | 35.39 | 31 | 14% | ||||||||||||
| Undervalue | MPEL | Melco Crown Ent Adr | 6.25 | 8 | -21% | Overvalue | CTCM | Ctc Media | 22.88 | 20 | 14% | ||||||||||||
| Undervalue | NVS | Novartis Ag Adr | 58.82 | 75 | -21% | Overvalue | INCY | Incyte | 17 | 15 | 13% | ||||||||||||
| Undervalue | OEZVY | Ostereichisch Elek | 7.05 | 9 | -21% | Overvalue | INFY | Infosys Tech Adr | 74.84 | 66 | 13% | ||||||||||||
| Undervalue | ONNN | On Semiconductor | 9.39 | 12 | -21% | Overvalue | SGTPY | Surgutneftegas Adr | 5.09 | 4.5 | 13% | ||||||||||||
| Undervalue | BPO | Brookfield Props | 17.36 | 22 | -21% | Overvalue | SM | Sm Energy | 58.09 | 51 | 13% | ||||||||||||
| Undervalue | NMR | Nomura Hldgs Adr | 6.31 | 8 | -21% | Overvalue | HGSI | Human Genome Science | 24.87 | 22 | 13% | ||||||||||||
| Undervalue | REXMY | Rexam Plc Adr | 26 | 33 | -21% | Overvalue | OCPNY | Olympus Adr | 30.38 | 27 | 12% | ||||||||||||
| Undervalue | TNE | Tele Norte Leste Adr | 14.14 | 18 | -21% | Overvalue | CTRP | Ctrip.Com Int'L Adr | 41.75 | 37 | 12% | ||||||||||||
| Undervalue | MU | Micron Technology | 7.94 | 10 | -20% | Overvalue | DLB | Dolby Laboratories | 66.49 | 59 | 12% | ||||||||||||
| Undervalue | AJINY | Ajinomoto Adr | 102.5 | 129 | -20% | Overvalue | HMY | Harmony Gold Adr | 12.33 | 11 | 12% | ||||||||||||
| Undervalue | ALL | Allstate | 31.94 | 40 | -20% | Overvalue | OGXPY | Ogx Petroleo Adr | 11.24 | 10 | 12% | ||||||||||||
| Undervalue | AMGN | Amgen | 56.71 | 71 | -20% | Overvalue | RVBD | Riverbed Technology | 34.83 | 31 | 12% | ||||||||||||
| Undervalue | CB | Chubb | 59.98 | 75 | -20% | Overvalue | SVM | Silvercorp Metals | 12.38 | 11 | 12% | ||||||||||||
| Undervalue | CEPH | Cephalon | 64 | 80 | -20% | Overvalue | CIE | Cobalt Intl Energy | 12.22 | 11 | 11% | ||||||||||||
| Undervalue | FMER | Firstmerit | 19.85 | 25 | -20% | Overvalue | OISHY | Oil Search Adr | 71.15 | 64 | 11% | ||||||||||||
| Undervalue | FOJCY | Fortum Oyj Adr | 5.96 | 7.5 | -20% | Overvalue | PPCYY | Pretoria Portlnd Adr | 10.05 | 9 | 11% | ||||||||||||
| Undervalue | ING | Ing Groep Nv Asd Adr | 9.58 | 12 | -20% | Overvalue | PPLKY | Petropavlovsk Adr | 34.5 | 31 | 11% | ||||||||||||
| Undervalue | INT | World Fuel Services | 36.42 | 46 | -20% | Overvalue | SLW | Silver Wheaton | 36.74 | 33 | 11% | ||||||||||||
| Undervalue | JBSAY | Jbs Sa Adr | 8.76 | 11 | -20% | Overvalue | FITB | Fifth Third Bancorp | 14.39 | 13 | 10% | ||||||||||||
| Undervalue | NPTOY | Neptune Orient Adr | 6.73 | 8.5 | -20% | Overvalue | TIBX | Tibco Software | 19.81 | 18 | 10% | ||||||||||||
| Undervalue | SSEZY | Scottish & South Adr | 19.15 | 24 | -20% | Overvalue | APKT | Acme Packet | 55.02 | 50 | 10% | ||||||||||||
| Undervalue | STM | Stmicroelectronc Adr | 10.3 | 13 | -20% | Overvalue | BRKA | Berkshire Hathaway | 119750 | 108665 | 10% | ||||||||||||
| Undervalue | THG | The Hanover Ins Grp | 47 | 59 | -20% | Overvalue | CCJ | Cameco | 39.67 | 36 | 10% | ||||||||||||
| Undervalue | TSN | Tyson Foods 'A' | 17.47 | 22 | -20% | Overvalue | CRHKY | China Rscs Entrp Adr | 8.32 | 7.5 | 10% | ||||||||||||