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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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  • JPMorgan Stock Report And Tech Stock Round Up 0 comments
    Apr 11, 2014 3:59 PM | about stocks: AFOP, IQNT, BCOR, GAME, ARRS, MU, CA, NTES, CRAY, EGHT, BLDP, OVRL, SPNC, JPM, WFC

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 75% of our stocks assigned a valuation and 33% of those equities are calculated to be overvalued by 20% or more. ALL sectors are again calculated to be overvalued by double digits.

    ValuEngine Index Overview

     

     

     

     

     

    Index Week Open Thurs. Close Change % Change YTD
    DJIA 16414.15 16170.22 -243.93 -1.49% -3.10%
    NASDAQ 4110.92 4054.11 -56.81 -1.38% -3.57%
    RUSSELL 2000 1150.35 1127.66 -22.69 -1.97% -3.96%
    S&P 500 1863.92 1833.08 -30.84 -1.65% -1.35%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued 24.89%
    Stocks Overvalued 75.11%
    Stocks Undervalued by 20% 6.45%
    Stocks Overvalued by 20% 33.3%
    ValuEngine Sector Overview

     
















    Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
    Auto-Tires-Trucks -1.88% -0.92% 2.74% 28.83% overvalued 48.91% 19.43
    Transportation -1.63% -1.54% -0.40% 27.36% overvalued 31.42% 22.11
    Computer and Technology -2.91% -3.47% 1.44% 22.78% overvalued 36.06% 30.95
    Multi-Sector Conglomerates -0.77% -0.66% 0.38% 21.07% overvalued 17.36% 17.89
    Consumer Staples -2.00% -2.29% 0.62% 21.05% overvalued 23.61% 24.57
    Aerospace -2.36% -3.42% 2.04% 21.00% overvalued 47.97% 20.64
    Medical -2.74% -3.85% 4.64% 20.35% overvalued 46.48% 29.62
    Industrial Products -1.61% -1.80% 0.96% 19.95% overvalued 31.23% 22.94
    Oils-Energy -1.39% -0.37% 3.72% 18.34% overvalued 21.92% 27.73
    Consumer Discretionary -1.70% -2.52% -2.80% 17.80% overvalued 32.83% 27.36
    Business Services -2.13% -2.15% 0.06% 16.36% overvalued 29.55% 26.74
    Retail-Wholesale -2.05% -1.98% -4.21% 15.53% overvalued 24.84% 25.41
    Finance -1.22% -1.28% 0.69% 15.31% overvalued 11.21% 17.99
    Utilities -0.74% -1.92% -0.69% 15.30% overvalued 11.86% 23.46
    Construction -2.53% -1.97% 0.73% 12.55% overvalued 26.76% 24.28
    Basic Materials -1.57% 0.09% 5.27% 11.92% overvalued -5.32% 25.09
    ValuEngine Newsletters Latest Results

     

     

     

     

     

    VE Newsletter Current Results S&P 500 Last Month Total S&P 500 Since Inception S&P 500
    Forecast MNS 1.81 -1.39 -0.75 0.98 96.76 103.48
    Dividend Stock 0.47 -1.74 0.97 2.15 16.18 20.18
    Small Cap Stock -5.58 0.79 1.15 -1.21 38.61 33.93
    View 0.75 -2.09 0.20 2.38 98.18 65.33

    ValuEngine's Newsletters Beat the Market

    Free Download for Readers

    As a bonus to our Free Weekly Newsletter subscribers,
    we are offering a FREE DOWNLOAD of one of our Stock Reports

    JPMorgan Chase & Co. is a financial services firm. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. It offers various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage. It also offers consumer and business, and mortgage banking products and services that include checking and savings accounts, mortgages, home equity and business loans, and investments. JPMorgan Chase & Co. is headquartered in New York.

    ValuEngine continues its HOLD recommendation on JPMORGAN CHASE for 2014-04-10. Based on the information we have gathered and our resulting research, we feel that JPMORGAN CHASE has the probability to ROUGHLY MATCH average market performance for the next year. The company exhibits ATTRACTIVE Company Size but UNATTRACTIVE Earnings Growth Rate.

    As a bonus to our Weekly Newsletter readers,
    we are offering a FREE DOWNLOAD of one of our Stock Reports

    Read our Complete Detailed Valuation Report on JPMorgan Chase HERE.

    Sector Talk--Computers and Technology

    Below, we present the latest data on Computers and Tech stocks from our Institutional software package (Pending:VEI). Top five lists are provided for each category. We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares.

    Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.

    Top-Five Computers and Tech Stocks--Short-Term Forecast Returns

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    AFOP ALLIANCE FIBER 16.01 -7.77 127.24
    IQNT INTELIQUENT INC 13.86 -2.91 386.32
    BCOR BLUCORA INC 19.27 -18.69 24.24
    GAME SHANDA GAME-ADR 6.56 4.52 118.67
    ARRS ARRIS GROUP INC 26.09 -6.52 51.16

    Top-Five Computers and Tech Stocks--Long-Term Forecast Returns

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    AFOP ALLIANCE FIBER 16.01 -7.77 127.24
    IQNT INTELIQUENT INC 13.86 -2.91 386.32
    BCOR BLUCORA INC 19.27 -18.69 24.24
    GAME SHANDA GAME-ADR 6.56 4.52 118.67
    ARRS ARRIS GROUP INC 26.09 -6.52 51.16

    Top-Five Computers and Tech Stocks--Composite Score

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    MU MICRON TECH 21.68 4.3 114.97
    GAME SHANDA GAME-ADR 6.56 4.52 118.67
    CA CA INC 30.31 -2.72 21.58
    ARRS ARRIS GROUP INC 26.09 -6.52 51.16
    NTES NETEASE INC 68.28 -1.02 24.44

    Top-Five Computers and Tech Stocks--Most Overvalued

     

     

     

     

     

     

    Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%)
    CRAY CRAY INC 32.38 157.83 46.25
    EGHT 8X8 INC 10.58 156.19 56.74
    BLDP BALLARD PWR SYS 4.14 155.96 337.96
    OVRL OVERLAND STORAG 3.7 126.85 218.97
    SPNC SPECTRANETICS 23.21 117.56 26.28

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

    Stocks: AFOP, IQNT, BCOR, GAME, ARRS, MU, CA, NTES, CRAY, EGHT, BLDP, OVRL, SPNC, JPM, WFC
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