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Steve Hach
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Steve Hach is the Senior Editor at ValuEngine.com, a Melbourne, Florida-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 8000 US, Canadian, and other foreign stocks. Hach utilizes ValuEngine's complex... 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

     

     

     

     

     

    IndexWeek OpenThurs. CloseChange% ChangeYTD
    DJIA16414.1516170.22-243.93-1.49%-3.10%
    NASDAQ4110.924054.11-56.81-1.38%-3.57%
    RUSSELL 20001150.351127.66-22.69-1.97%-3.96%
    S&P 5001863.921833.08-30.84-1.65%-1.35%

     

    ValuEngine Market Overview

     

     


     

    Summary of VE Stock Universe
    Stocks Undervalued24.89%
    Stocks Overvalued75.11%
    Stocks Undervalued by 20%6.45%
    Stocks Overvalued by 20%33.3%
    ValuEngine Sector Overview

     
















    SectorChangeMTDYTDValuationLast 12-MReturnP/E Ratio
    Auto-Tires-Trucks-1.88%-0.92%2.74%28.83% overvalued48.91%19.43
    Transportation-1.63%-1.54%-0.40%27.36% overvalued31.42%22.11
    Computer and Technology-2.91%-3.47%1.44%22.78% overvalued36.06%30.95
    Multi-Sector Conglomerates-0.77%-0.66%0.38%21.07% overvalued17.36%17.89
    Consumer Staples-2.00%-2.29%0.62%21.05% overvalued23.61%24.57
    Aerospace-2.36%-3.42%2.04%21.00% overvalued47.97%20.64
    Medical-2.74%-3.85%4.64%20.35% overvalued46.48%29.62
    Industrial Products-1.61%-1.80%0.96%19.95% overvalued31.23%22.94
    Oils-Energy-1.39%-0.37%3.72%18.34% overvalued21.92%27.73
    Consumer Discretionary-1.70%-2.52%-2.80%17.80% overvalued32.83%27.36
    Business Services-2.13%-2.15%0.06%16.36% overvalued29.55%26.74
    Retail-Wholesale-2.05%-1.98%-4.21%15.53% overvalued24.84%25.41
    Finance-1.22%-1.28%0.69%15.31% overvalued11.21%17.99
    Utilities-0.74%-1.92%-0.69%15.30% overvalued11.86%23.46
    Construction-2.53%-1.97%0.73%12.55% overvalued26.76%24.28
    Basic Materials-1.57%0.09%5.27%11.92% overvalued-5.32%25.09

    ValuEngine Newsletters Latest Results

     

     

     

     

     

    VE NewsletterCurrent ResultsS&P 500Last Month TotalS&P 500Since InceptionS&P 500
    Forecast MNS1.81-1.39-0.750.9896.76103.48
    Dividend Stock0.47-1.740.972.1516.1820.18
    Small Cap Stock-5.580.791.15-1.2138.6133.93
    View0.75-2.090.202.3898.1865.33

    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

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    AFOPALLIANCE FIBER16.01-7.77127.24
    IQNTINTELIQUENT INC13.86-2.91386.32
    BCORBLUCORA INC19.27-18.6924.24
    GAMESHANDA GAME-ADR6.564.52118.67
    ARRSARRIS GROUP INC26.09-6.5251.16

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

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    AFOPALLIANCE FIBER16.01-7.77127.24
    IQNTINTELIQUENT INC13.86-2.91386.32
    BCORBLUCORA INC19.27-18.6924.24
    GAMESHANDA GAME-ADR6.564.52118.67
    ARRSARRIS GROUP INC26.09-6.5251.16

    Top-Five Computers and Tech Stocks--Composite Score

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    MUMICRON TECH21.684.3114.97
    GAMESHANDA GAME-ADR6.564.52118.67
    CACA INC30.31-2.7221.58
    ARRSARRIS GROUP INC26.09-6.5251.16
    NTESNETEASE INC68.28-1.0224.44

    Top-Five Computers and Tech Stocks--Most Overvalued

     

     

     

     

     

     

    TickerNameMkt PriceValuation(%)Last 12-M Retn(%)
    CRAYCRAY INC32.38157.8346.25
    EGHT8X8 INC10.58156.1956.74
    BLDPBALLARD PWR SYS4.14155.96337.96
    OVRLOVERLAND STORAG3.7126.85218.97
    SPNCSPECTRANETICS23.21117.5626.28

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

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