Steve Hach's  Instablog

Steve Hach
Send Message
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
My company:
ValuEngine
  • Top 5 Tech Stocks For Forecast, Valuation, And Quality 0 comments
    Aug 17, 2012 2:59 PM

    MARKET OVERVIEW

    Index

    Week Open

    Thurs. Close

    Change

    % Change

    YTD

    DJIA

    13204.93

    13250.1

    45.17

    0.34%

    8.45%

    NASDAQ

    3018.27

    3062.39

    44.12

    1.46%

    17.55%

    RUSSELL 2000

    801.48

    813.08

    11.6

    1.45%

    9.74%

    S&P 500

    1405.87

    1415.51

    9.64

    0.69%

    12.56%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    57.97%

    Stocks Overvalued

    42.03%

    Stocks Undervalued by 20%

    25.44%

    Stocks Overvalued by 20%

    13.97%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    0.57%

    2.70%

    2.94%

    3.02% undervalued

    1.33%

    22.45

    Auto-Tires-Trucks

    1.52%

    5.23%

    4.74%

    8.21% undervalued

    -4.16%

    18.4

    Basic Materials

    1.57%

    4.84%

    -0.02%

    9.31% undervalued

    -29.94%

    25.84

    Business Services

    1.00%

    2.11%

    6.55%

    0.06% overvalued

    5.70%

    23.83

    Computer and Technology

    1.02%

    4.16%

    7.13%

    12.65% overvalued

    -2.10%

    42.56

    Construction

    2.22%

    5.08%

    87.05%

    6.35% overvalued

    16.66%

    29.82

    Consumer Discretionary

    0.85%

    2.22%

    14.13%

    1.59% overvalued

    2.67%

    28.21

    Consumer Staples

    0.64%

    3.14%

    13.18%

    10.43% overvalued

    2.74%

    19.54

    Finance

    0.54%

    6.04%

    21.15%

    9.11% overvalued

    9.15%

    19.14

    Industrial Products

    1.20%

    2.37%

    2.56%

    1.34% undervalued

    -3.75%

    22.48

    Medical

    0.51%

    2.28%

    15.43%

    18.69% overvalued

    0.02%

    40.75

    Multi-Sector Conglomerates

    0.64%

    3.58%

    11.59%

    3.91% undervalued

    7.97%

    15.11

    Oils-Energy

    0.79%

    2.83%

    -6.93%

    1.33% undervalued

    -15.50%

    36.36

    Retail-Wholesale

    0.90%

    2.29%

    13.26%

    6.43% overvalued

    14.01%

    24.96

    Transportation

    0.49%

    1.04%

    8.78%

    0.17% overvalued

    -3.70%

    18.01

    Utilities

    0.95%

    1.83%

    2.91%

    15.34% overvalued

    3.91%

    18.37

    Sector Talk-Technology

    Below, we present the latest data on leading Tech 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(%)

    SYNC

    SYNACOR INC

    8.07

    -27.09

    N/A

    SREV

    SERVICESOURCE

    8.15

    -41.63

    -52.53

    VHC

    VIRNETX HOLDING

    26.17

    -9.33

    22.86

    INOD

    INNODATA ISOGEN

    3.58

    -29.87

    23.45

    AXTI

    AXT INC

    3.09

    -46.34

    -62.22

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

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    HPQ

    HEWLETT PACKARD

    19.52

    -51.23

    -38.9

    PTNR

    PARTNER COMM

    3.97

    -49.16

    -63.84

    RIMM

    RESEARCH IN MOT

    7.5

    82.31

    -72.15

    DELL

    DELL INC

    12.23

    -30.88

    -22.59

    GAME

    SHANDA GAME-ADR

    3.69

    -36.28

    -26.49

    Top-Five Technology Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    UIS

    UNISYS

    20.86

    -34.74

    12.45

    NCR

    NCR CORP-NEW

    22.72

    -22.84

    30.05

    CSCO

    CISCO SYSTEMS

    19.02

    -16.92

    20.76

    HPQ

    HEWLETT PACKARD

    19.52

    -51.23

    -38.9

    XRX

    XEROX CORP

    7.34

    -32.09

    -8.71

    Top-Five Technology Sector Stocks--Most Overvalued

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    AMKR

    AMKOR TECH INC

    5.34

    300

    26.84

    USMO

    USA MOBILITY

    10.97

    300

    -22.8

    JDSU

    JDS UNIPHASE CP

    11.84

    300

    -0.59

    PLXT

    PLX TECH INC

    5.84

    300

    92.11

    FNSR

    FINISAR CORP

    14.91

    300

    -7.91

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

Back To Steve Hach's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.