We can use our data to track individual stocks, industries, sectors, and indices. For today's bulletin, we present key metrics for the top picks in the S&P 500. The companies listed below represent the top-ten BUY/STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.

The last time we looked at the S&P 500 was June 2nd. Since then, we have had a 40% turnover in our list. Traveler's has declined yet again as newcomer Michael Kors (KORS) debuts in the number two position. Chubb Limited (CB) has moved up one spot. Tyson (TSN), DR Horton (DHI), and Global Payments (GPN) have also declined. Other newcomers also include KLA-Tencor (KLAC), Aflac (AFL), and Verizon (VZ). Southwest Airlines (LUV) retains its number one spot.

Below is today's data on our SP 500 leader, Southwest Airlines (LUV):

Southwest Airlines is a major domestic airline that provides primarily shorthaul, high-frequency, point-to-point, low-fare service. Southwest operates over Boeing 737 aircraft in numerous cities. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. Southwest also has one of the best overall Customer Service records.

VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on SOUTHWEST AIR for 2016-06-22. Based on the information we have gathered and our resulting research, we feel that SOUTHWEST AIR has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.

Valuation & Rankings
Valuation	18.08% undervalued	Valuation Rank(?)	73
1-M Forecast Return	1.37%	1-M Forecast Return Rank	100
12-M Return	15.72%	Momentum Rank(?)	84
Sharpe Ratio	0.92	Sharpe Ratio Rank(?)	96
5-Y Avg Annual Return	25.57%	5-Y Avg Annual Rtn Rank	96
Volatility	27.81%	Volatility Rank(?)	62
Expected EPS Growth	8.23%	EPS Growth Rank(?)	39
Market Cap (billions)	27.33	Size Rank	96
Trailing P/E Ratio	10.35	Trailing P/E Rank(?)	89
Forward P/E Ratio	9.56	Forward P/E Ratio Rank	83
PEG Ratio	1.26	PEG Ratio Rank	36
Price/Sales	1.35	Price/Sales Rank(?)	56
Market/Book	4.19	Market/Book Rank(?)	28
Beta	1.02	Beta Rank	44
Alpha	0.14	Alpha Rank	83

ValuEngine Market Overview

ValuEngine Sector Overview

VALUATION WATCH: Overvalued stocks now make up 43.24% of our stocks assigned a valuation and 14.84% of those equities are calculated to be overvalued by 20% or more. Six sectors are calculated to be overvalued.