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Steve Hach is the Senior Editor at ValuEngine.com, a Newtown, Pennsylvania-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 7000 US, Japanese, and Canadian, and other foreign stocks. Hach utilizes... More
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  • Computer And Tech Stocks Top-Five Lists From ValuEngine 0 comments
    Mar 1, 2013 3:09 PM | about stocks: PAY, SYNC, BSFT, CALL, BAM, STX, WDC, HPQ, GA, CYOU, UIS, MX, CRUS, AMKR, SPOK, CAMP, SEAC, VIAV

    VALUATION WATCH IS OFF: Overvalued stocks now make up 59% of our universe and almost 23% of the universe is calculated to be overvalued by 20% or more. 15 sectors are calculated to be overvalued.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs Close

    Change

    % Change

    YTD

    DJIA

    14000.57

    14054.5

    53.93

    0.39%

    7.25%

    NASDAQ

    3180.59

    3160.19

    -20.4

    -0.64%

    4.66%

    RUSSELL 2000

    916.12

    911.11

    -5.01

    -0.55%

    7.27%

    S&P 500

    1515.6

    1514.68

    -0.92

    -0.06%

    6.20%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    40.54%

    Stocks Overvalued

    59.46%

    Stocks Undervalued by 20%

    16.62%

    Stocks Overvalued by 20%

    23.18%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    1.49%

    1.47%

    6.29%

    5.17% overvalued

    7.04%

    36.85

    Auto-Tires-Trucks

    0.86%

    0.30%

    6.41%

    6.68% overvalued

    -1.93%

    15.42

    Basic Materials

    0.63%

    -1.81%

    2.08%

    5.22% undervalued

    -30.69%

    24.17

    Business Services

    0.68%

    1.07%

    7.67%

    10.26% overvalued

    8.72%

    25.22

    Computer and Technology

    0.69%

    1.72%

    8.56%

    12.43% overvalued

    -0.68%

    38.28

    Construction

    1.55%

    0.32%

    8.83%

    22.41% overvalued

    22.35%

    48.31

    Consumer Discretionary

    0.56%

    0.56%

    8.35%

    6.82% overvalued

    6.46%

    24.79

    Consumer Staples

    0.39%

    0.80%

    5.82%

    22.94% overvalued

    8.85%

    20.22

    Finance

    0.65%

    1.39%

    8.21%

    17.40% overvalued

    13.38%

    20.9

    Industrial Products

    1.17%

    2.32%

    8.35%

    19.23% overvalued

    2.70%

    22.73

    Medical

    0.68%

    1.00%

    7.58%

    12.14% overvalued

    4.58%

    27.31

    Multi-Sector Conglomerates

    1.51%

    0.35%

    4.01%

    9.48% overvalued

    10.21%

    16.33

    Oils-Energy

    0.64%

    -0.97%

    6.90%

    1.77% overvalued

    -16.79%

    30.25

    Retail-Wholesale

    0.96%

    2.40%

    10.50%

    9.76% overvalued

    12.72%

    32.5

    Transportation

    1.30%

    1.97%

    12.99%

    20.00% overvalued

    2.31%

    24.24

    Utilities

    0.63%

    -1.10%

    4.68%

    6.25% overvalued

    6.59%

    18.38

    Sector Talk-Computers and Technology Stocks

    Below, we present the latest data on leading Computers and Technology Sector stocks from our Institutional software package (Pending:VEI). These results were filtered by market price and volume--no results below 3$/share or less than 100k shares/day volume.

    Top-Five Computers and Technology Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    PAY

    VERIFONE HLDGS

    18.97

    -61.77

    -61.06

    SYNC

    SYNACOR INC

    3.29

    -53.08

    -32.86

    BSFT

    BROADSOFT INC

    21

    -40.88

    -42.69

    CALL

    MAGICJACK VOCTC

    11.45

    -75

    -41.49

    GTI

    GRAFTECH INTL

    7.39

    -40.95

    -42.36

    Top-Five Computers and Technology Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    PAY

    VERIFONE HLDGS

    18.97

    -61.77

    -61.06

    STX

    SEAGATE TECH

    32.16

    28.7

    23.88

    WDC

    WESTERN DIGITAL

    47.16

    19.81

    21.3

    CALL

    MAGICJACK VOCTC

    11.45

    -75

    -41.49

    HPQ

    HEWLETT PACKARD

    20.14

    -0.48

    -20.9

    Top-Five Computers and Technology Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    GA

    GIANT INTERACTV

    6.2

    -24.15

    56.57

    CYOU

    CHANGYOU.COM

    29.86

    -4.86

    38.95

    UIS

    UNISYS

    22.98

    -14.56

    20.76

    MX

    MAGNACHIP SEMI

    15.75

    -1.17

    33.02

    CRUS

    CIRRUS LOGIC

    24.04

    -44.21

    2.12

    Top-Five Computers and Technology Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    AMKR

    AMKOR TECH INC

    4.06

    300

    -38.86

    USMO

    USA MOBILITY

    11.62

    300

    -10.89

    CAMP

    CALAMP CORP

    10.95

    300

    154.65

    SEAC

    SEACHANGE INTL

    11.52

    300

    63.87

    JDSU

    JDS UNIPHASE CP

    14.15

    300

    1.32

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: PAY, SYNC, BSFT, CALL, BAM, STX, WDC, HPQ, GA, CYOU, UIS, MX, CRUS, AMKR, SPOK, CAMP, SEAC, VIAV
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