News

The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.

BANCO SANTANDER SA (ADR) (SAN) is a large-cap value stock in the Money Center Banks industry. The rating according to our strategy based on David Dreman changed from 69% to 76% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Banco Santander, S.A. is a Spain-based company engaged as a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country. The Latin America segment embraces all its financial activities conducted through its banks and subsidiaries in the region. The United States segment includes the Intermediate Holding Company (IHC) and its subsidiaries Santander Bank, Banco Santander Puerto Rico, Santander Consumer USA, Banco Santander International, Santander Investment Securities, and the Santander branch in New York. The Company's commercial model satisfies the needs of all types of customers: individuals with various income levels.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.

Detailed Analysis of BANCO SANTANDER SA (ADR)

IMPALA PLATINUM HOLDINGS LTD - ADR (IMPUY) is a mid-cap value stock in the Metal Mining industry. The rating according to our strategy based on David Dreman changed from 61% to 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Impala Platinum Holdings Limited is a South Africa-based producer of platinum group metals (PGMs). The Company's segments include Mining, Impala Refining Services, and all other segments. The Company has around seven mining operations and Impala Refining Services, a toll-refining business. The Company's mining operations are located in the Bushveld Complex in South Africa, the Great Dyke in Zimbabwe, the two PGM-bearing ore bodies in the world and the Canadian Shield. Its mining operations include Impala Rustenburg, Impala Bafokeng, Marula, Two Rivers, Zimplats, Mimosa and Impala Canada. Its products include platinum, palladium, rhodium, nickel, and by-products. The metals it produces are the key to making many essential industrial, medical, and electronic items and they contribute to a cleaner and greener world. It also markets and sells its products in South Africa, Japan, China, the United States and Europe. Its subsidiary is Impala Platinum Limited.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.

Detailed Analysis of IMPALA PLATINUM HOLDINGS LTD - ADR

WESTERN UNION CO (WU) is a mid-cap value stock in the Consumer Financial Services industry. The rating according to our strategy based on David Dreman changed from 77% to 84% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: The Western Union Company is a provider of cross-border, cross-currency money movement payments, and digital financial services. The Company operates through Consumer Money Transfer, Business Solutions, and Consumer Services. The Consumer Money Transfer segment facilitates money transfers that are sent from retail agent locations worldwide or through Websites and mobile devices. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium-sized enterprises, and other organizations and individuals. The segment's business is related to exchanges of currency at spot rates, which enables customers to make cross-currency payments, and also provide foreign currency forward and option contracts for customers to facilitate future payments. The Consumer Services segment includes its bill payment services, which facilitate payments from consumers, businesses, and other organizations.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.

Detailed Analysis of WESTERN UNION CO

About David Dreman: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist.

About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.