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Applied Materials Is ValuEngine's Top NASDAQ Stock (Again)

|Includes: Applied Materials, Inc. (AMAT), AMGN, AVGO, CA, CSCO, CTXS, GOOG, INTC, LRCX, NTES

Material World --Applied Materials Is ValuEngine's Top NASDAQ Stock (Again)

ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities. When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.

We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.

We can use our data to track individual stocks, industries, sectors, and indices. For today's bulletin, we present key metrics for the top picks in the NASDAQ 100. The companies listed below represent the top-ten BUY and STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.

We don't have much change among our leaders since the last time we presented the top NASDAQ picks earlier this month.. Google just makes it into the top ten and replaces Facebook in doing so. Applied Matterials retains the number one spot-- with Broadcom and LAM Research retaining their thrid and fifth-place positions respectively. Intel shoots up into the number two position with CA Inc and Cisco Systems moving up two spots each. What goes up must come down of course, and this week we see Netease, Amgen, and Citrix declining a few spots each. As is to be expected with the NASDAQ, once again, the list is dominated by tech companies.

 

 

 

 

 

 

 

 

 

 

 

Ticker Company Name Market Price Valuation Last 12-M Retrn 1-M Forecast Retn 1-Yr Forecast Retn P/E Ratio Sector 6-9-2016 Leaders
AMAT APPLD MATLS INC 23.56 -20.24% 22.64% 0.96% 11.51% 18.60 Computer and Technology AMAT
INTC INTEL CORP 31.93 -2.11% 5.07% 0.76% 9.12% 13.00 Computer and Technology NTES
AVGO BROADCOM LTD 155 -5.20% 17.42% 0.76% 9.11% 17.60 Computer and Technology AVGO
NTES NETEASE INC 181.48 2.51% 29.07% 0.76% 9.06% 18.28 Computer and Technology CTXS
LRCX LAM RESEARCH 82.2 -10.02% 2.49% 0.74% 8.82% 13.34 Computer and Technology LRCX
CA CA INC 32.25 14.18% 10.94% 0.65% 7.79% 14.35 Computer and Technology AMGN
CSCO CISCO SYSTEMS 28.26 -3.50% 2.61% 0.65% 7.78% 13.46 Computer and Technology INTC
AMGN AMGEN INC 150.1 -18.86% -0.99% 0.65% 7.75% 13.75 Medical CA
CTXS CITRIX SYS INC 80.63 -4.95% 15.53% 0.62% 7.41% 19.14 Computer and Technology CSCO
GOOG ALPHABET INC-C 684.11 N/A 31.18% 0.56% 6.72% 28.77 Computer and Technology FB

NOTE: New stocks are in BOLD.

Below is today's data on Computer Associates (NASDAQ:CA):

Computer Associates International is one of the world's largest information technology management software companies, unifies and simplifies the management of enterprise-wide IT. The Company's software & expertise unify & simplify complex IT environments in a secure way across the enterprise for greater business results.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on CA INC for 2016-06-29. Based on the information we have gathered and our resulting research, we feel that CA INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.


 






ValuEngine Forecast
  Target
Price*
Expected
Return
1-Month 32.46 0.65%
3-Month 33.41 3.61%
6-Month 34.62 7.34%
1-Year 34.76 7.79%
2-Year 40.71 26.23%
3-Year 41.90 29.93%

 















Valuation & Rankings
Valuation 14.18% overvalued Valuation Rank(?) 18
1-M Forecast Return 0.65% 1-M Forecast Return Rank 90
12-M Return 10.94% Momentum Rank(?) 79
Sharpe Ratio 0.31 Sharpe Ratio Rank(?) 77
5-Y Avg Annual Return 6.46% 5-Y Avg Annual Rtn Rank 74
Volatility 20.91% Volatility Rank(?) 73
Expected EPS Growth 4.60% EPSGrowth Rank(?) 32
Market Cap (billions) 14.28 Size Rank 93
Trailing P/E Ratio 14.35 Trailing P/E Rank(?) 76
Forward P/E Ratio 13.72 Forward P/E Ratio Rank 59
PEG Ratio 3.12 PEG Ratio Rank 13
Price/Sales 3.55 Price/Sales Rank(?) 26
Market/Book 2.66 Market/Book Rank(?) 40
Beta 1.02 Beta Rank 44
Alpha 0.06 Alpha Rank 76
ValuEngine Market Overview

 

 

 

 

 

Summary of VE Stock Universe
Stocks Undervalued 51.36%
Stocks Overvalued 48.64%
Stocks Undervalued by 20% 21.71%
Stocks Overvalued by 20% 16.55%

 

ValuEngine Sector Overview

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
Basic Materials 1.22% 6.34% 36.92% 12.03% overvalued 19.44% 29.53
Oils-Energy -0.20% 6.19% 16.91% 10.10% overvalued -28.17% 23.91
Consumer Staples 0.43% 2.24% 7.25% 9.96% overvalued 5.84% 23.98
Utilities 0.84% 2.87% 9.14% 6.85% overvalued 4.88% 22.76
Multi-Sector Conglomerates 0.46% 2.28% 7.03% 5.90% overvalued -6.59% 18.35
Industrial Products 0.55% 3.26% 8.91% 5.37% overvalued -7.08% 21.58
Aerospace -0.08% 2.13% -0.64% 2.02% overvalued -2.14% 19.12
Computer and Technology 0.18% 1.82% 9.01% 0.82% overvalued -8.42% 28.12
Business Services 0.40% 1.97% 13.40% 0.34% undervalued -8.54% 23.29
Finance 0.28% 0.97% 3.34% 1.20% undervalued -3.19% 16.13
Construction 0.81% 1.74% 22.65% 1.38% undervalued -1.39% 21.31
Consumer Discretionary 0.24% 1.56% 4.17% 2.20% undervalued -10.38% 23.56
Medical 0.62% 2.91% -2.92% 4.01% undervalued -19.87% 27.42
Transportation 0.54% 2.79% 4.68% 5.18% undervalued -24.78% 13.98
Auto-Tires-Trucks 0.17% 0.82% 0.56% 7.03% undervalued -14.26% 12.20
Retail-Wholesale 0.24% 1.98% -1.70% 9.05% undervalued -11.16% 22.54

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day.

Supporting Documents

  1. VE_CA.pdf

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