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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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  • Tech Stocks Ranked And Rated By ValuEngine.com 0 comments
    May 13, 2013 12:18 PM | about stocks: VCRA, LPSN, ZAGG, NTP, TNAV, CYOU, XRX, PHG, TKC, UIS, AMKR, JDSU, IDTI, SEAC, LEDR

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 66% of our universe and 26.6% of the universe is calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs Close

    Change

    % Change

    YTD

    DJIA

    14973.96

    15082.6

    108.64

    0.73%

    15.00%

    NASDAQ

    3382.33

    3409.17

    26.84

    0.79%

    13.25%

    RUSSELL 2000

    954.93

    966.26

    11.33

    1.19%

    14.05%

    S&P 500

    1614.4

    1626.67

    12.27

    0.76%

    14.06%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    33.74%

    Stocks Overvalued

    66.26%

    Stocks Undervalued by 20%

    12.93%

    Stocks Overvalued by 20%

    26.62%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    -0.12%

    2.17%

    17.14%

    14.56% overvalued

    24.93%

    15.66

    Auto-Tires-Trucks

    -0.07%

    3.67%

    16.21%

    15.29% overvalued

    16.50%

    18.49

    Basic Materials

    -0.53%

    0.10%

    2.35%

    9.12% undervalued

    -26.24%

    17.94

    Business Services

    -0.08%

    1.39%

    12.17%

    11.30% overvalued

    17.98%

    22.81

    Computer and Technology

    -0.28%

    2.47%

    12.60%

    12.42% overvalued

    5.13%

    28.09

    Construction

    0.01%

    2.22%

    19.67%

    15.55% overvalued

    31.55%

    25.07

    Consumer Discretionary

    0.00%

    2.48%

    19.06%

    14.08% overvalued

    15.02%

    23.79

    Consumer Staples

    -0.46%

    0.93%

    10.91%

    14.06% overvalued

    14.39%

    20.4

    Finance

    -0.35%

    1.93%

    16.27%

    17.51% overvalued

    16.76%

    17.95

    Industrial Products

    -0.29%

    3.01%

    17.06%

    10.26% overvalued

    12.25%

    18.26

    Medical

    -0.34%

    0.50%

    14.86%

    9.47% overvalued

    11.40%

    26.04

    Multi-Sector Conglomerates

    0.11%

    2.97%

    9.73%

    8.86% overvalued

    20.22%

    16.22

    Oils-Energy

    0.10%

    1.85%

    9.71%

    4.72% overvalued

    -3.51%

    26.73

    Retail-Wholesale

    0.16%

    2.75%

    22.93%

    18.62% overvalued

    25.51%

    21.55

    Transportation

    -0.41%

    4.62%

    22.09%

    16.80% overvalued

    7.69%

    22.88

    Utilities

    -0.92%

    1.41%

    11.53%

    9.69% overvalued

    11.93%

    19.74

    Sector Talk-Technology

    Below, we present the latest data on leading Consumer Discretionary 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 Technology Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    VCRA

    VOCERA COMM INC

    12.62

    -39.25

    -42.24

    LPSN

    LIVEPERSON INC

    8.12

    18.55

    -48.41

    ZAGG

    ZAGG INC

    5.1

    -48.59

    -52.69

    NTE

    NAM TAI ELECTRS

    8.42

    N/A

    60.99

    TNAV

    TELENAV INC

    5.26

    10.3

    -20.3

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    VCRA

    VOCERA COMM INC

    12.62

    -39.25

    -42.24

    LPSN

    LIVEPERSON INC

    8.12

    18.55

    -48.41

    ZAGG

    ZAGG INC

    5.1

    -48.59

    -52.69

    NTE

    NAM TAI ELECTRS

    8.42

    N/A

    60.99

    TNAV

    TELENAV INC

    5.26

    10.3

    -20.3

    Top-Five Technology Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    CYOU

    CHANGYOU.COM

    30.16

    -4.3

    28.94

    XRX

    XEROX CORP

    9

    -2.82

    17.8

    PHG

    KONINKLIJKE PHL

    27.03

    -6.86

    46.03

    TKC

    TURKCELL IL-ADR

    15.54

    4.02

    29.28

    UIS

    UNISYS

    18.54

    -45.84

    0.32

    Top-Five Technology Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    AMKR

    AMKOR TECH INC

    4.53

    300

    -2.37

    JDSU

    JDS UNIPHASE CP

    13.24

    300

    22.48

    IDTI

    INTEGR DEVICE

    7.64

    300

    29.27

    SEAC

    SEACHANGE INTL

    11.03

    300

    30.84

    LEDR

    MARKET LEADER

    10.88

    300

    180.41

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

    Themes: tech Stocks: VCRA, LPSN, ZAGG, NTP, TNAV, CYOU, XRX, PHG, TKC, UIS, AMKR, JDSU, IDTI, SEAC, LEDR
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