Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

Watch List Summary

At the end of the week for September 17, 2010, the top performing stocks from our Nasdaq 100 list for August 15, 2010 are Oracle (ORCL) with a gain of 21.27%, Qualcomm (QCOM) with a gain of 12.07% and Computer Associates (CA) with a gain of 11.57%.

The worst performing stocks from our August 15th watch list are Intel (INTC) down –1.78%, Applied Materials (AMAT) down –1.34% and Activision (ATVI) down –0.46%.

The average gain for the index was 6.33%. Of the two stocks that we pointed out as being standouts, Garmin (GRMN) exceeded the average return by climbing 9.57% while Paychex (PAYX) underperformed the average gain by rising 3.92%.

A distinction that needs to be made between this week’s list and our August 15th list is that we’ve ranking the companies on this list by those stocks nearest their 52-week low. Our previous list was ranked by those stocks that had the highest dividend yield and within 20% of their respective 52-week low. The complete list of Nasdaq 100 companies can be found here.

 Nasdaq 100 Watch List

Below are the Nasdaq 100 companies that are within 20% of their respective 52-week lows. Stocks that appear on our watch lists are not recommendations to buy. Instead, they are the starting point for doing your research and determining the best company to buy. Ideally, a stock that is purchased from this list is done after a considerable decline in the price and rigorous due diligence.

Symbol

Name

Price

P/E

EPS

Yield

P/B

% from Low

PAYX

Paychex, Inc.

25.95

19.67

1.32

4.80%

6.67

5.27%

INTC

Intel Corporation

18.81

11.26

1.67

3.40%

2.3

6.87%

AMAT

Applied Materials, Inc.

11.02

24.44

0.45

2.50%

2.03

7.33%

YHOO

Yahoo! Inc.

13.89

22.77

0.61

N/A

1.59

7.34%

MXIM

Maxim Integrated Products, Inc.

16.91

41.86

0.4

5.00%

2.15

7.91%

GILD

Gilead Sciences, Inc.

34.56

10.47

3.3

N/A

4.58

8.93%

ATVI

Activision Blizzard, Inc

10.82

41.94

0.26

1.30%

1.21

8.96%

DELL

Dell Inc.

12.45

15.74

0.79

N/A

3.92

9.80%

RIMM

Research In Motion Limited

46.72

10.24

4.56

N/A

3.2

9.85%

AMGN

Amgen Inc.

55.22

11.73

4.71

N/A

2.28

9.87%

Performance Review

The following is a total return (appreciation plus dividends) performance review of our Nasdaq 100 Watch List from September 11, 2009:

  • Stericycle (SRCL) up 44.48%

  • Genzyme (GENZ) up 25.54%

  • Pharmaceutical Product Development (PPDI) up 20%

  • Cephalon (CEPH) up 5.92%

As a group, the average gain for the stocks mentioned was 23.99%. This is contrasted by the Nasdaq 100 gain of 16.07% in the same period of time.

Click to enlarge:

*chart does not reflect dividend reinvestment for PPDI

Disclosure: No positions

Source: The Top 10 Nasdaq 100 Stocks to Research Now
About this author: