April 28, 2016
VALUATION WATCH: Overvalued stocks now make up 38.15% of our stocks assigned a valuation and 11.85% of those equities are calculated to be overvalued by 20% or more. Ten sectors are calculated to be overvalued.
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Indexing
--ValuEngine Rates and Ranks the NASDAQ
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 have two new companies on our list since the last time we presented the top NASDAQ picks at the beginning of April. Applied Materials and NVIDIA are new--they replaced MSFT and AMGN. LAM Research, NetEase, GIlead, CISCO, and Intel have declined. Citrix has moved into the top-five and Broadcom is our new #1 S&P 500 stock.
Ticker |
Company Name |
Market Price |
Valuation |
Last 12-M Retrn |
1-M Forecast Retn |
1-Yr Forecast Retn |
P/E Ratio |
Sector |
4-7-2016 Leaders |
AVGO |
BROADCOM LTD |
151.53 |
-0.87% |
26.12% |
0.93% |
11.18% |
17.63 |
Computer and Technology |
LRCX |
LRCX |
LAM RESEARCH |
80.97 |
-10.11% |
6.08% |
0.91% |
10.93% |
13.34 |
Computer and Technology |
NTES |
NTES |
NETEASE INC |
133.14 |
-12.91% |
8.02% |
0.84% |
10.08% |
15.11 |
Computer and Technology |
GILD |
GILD |
GILEAD SCIENCES |
100.72 |
-6.73% |
-2.16% |
0.83% |
9.96% |
8.00 |
Medical |
AVGO |
CTXS |
CITRIX SYS INC |
83.9 |
5.80% |
25.32% |
0.76% |
9.13% |
20.07 |
Computer and Technology |
CSCO |
AMAT |
APPLD MATLS INC |
21.42 |
-1.01% |
7.26% |
0.59% |
7.13% |
18.00 |
Computer and Technology |
INTC |
NVDA |
NVIDIA CORP |
37.31 |
46.80% |
68.06% |
0.58% |
6.95% |
28.77 |
Computer and Technology |
CTXS |
CSCO |
CISCO SYSTEMS |
28.64 |
0.80% |
-0.87% |
0.57% |
6.85% |
13.75 |
Computer and Technology |
MSFT |
ATVI |
ACTIVISION BLZD |
34.37 |
8.05% |
44.90% |
0.54% |
6.50% |
28.64 |
Consumer Discretionary |
AMGN |
INTC |
INTEL CORP |
31.75 |
6.47% |
-2.31% |
0.54% |
6.47% |
12.85 |
Computer and Technology |
ATVI |
NOTE: New stocks are in BOLD, old stocks that have moved up the list are in GREEN, old stocks that have declined in position are in RED, and stocks which have retained their position are in CAPS.
Below is today's data on Applied Materials (AMAT):
Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products include semiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.
VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on APPLD MATLS INC for 2016-04-27. Based on the information we have gathered and our resulting research, we feel that APPLD MATLS INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.
You can download a free copy of detailed report on AMAT from the link below.
ValuEngine Forecast |
| |
Target
Price* |
Expected
Return |
1-Month |
21.55 |
0.59% |
3-Month |
21.63 |
0.98% |
6-Month |
21.82 |
1.88% |
1-Year |
22.95 |
7.13% |
2-Year |
22.58 |
5.40% |
3-Year |
21.09 |
-1.56% |
Valuation & Rankings |
Valuation |
1.01% undervalued |
|
 52 |
1-M Forecast Return |
0.59% |
1-M Forecast Return Rank |
88 |
12-M Return |
7.26% |
|
78 |
Sharpe Ratio |
0.21 |
|
73 |
5-Y Avg Annual Return |
6.09% |
5-Y Avg Annual Rtn Rank |
74 |
Volatility |
29.04% |
|
60 |
Expected EPS Growth |
28.57% |
|
67 |
Market Cap (billions) |
26.32 |
Size Rank |
96 |
Trailing P/E Ratio |
18.00 |
|
66 |
Forward P/E Ratio |
14.00 |
Forward P/E Ratio Rank |
61 |
PEG Ratio |
0.63 |
PEG Ratio Rank |
56 |
Price/Sales |
2.75 |
|
34 |
Market/Book |
8.35 |
|
14 |
Beta |
1.76 |
Beta Rank |
15 |
Alpha |
-0.06 |
Alpha Rank |
51 |
DOWNLOAD A FREE SAMPLE OF OUR APPLIED MATERIALS (AMAT) REPORT BY CLICKING HERE
ValuEngine Market Overview
Summary of VE Stock Universe |
Stocks Undervalued |
50.58% |
Stocks Overvalued |
49.42% |
Stocks Undervalued by 20% |
21.17% |
Stocks Overvalued by 20% |
17.01% |
ValuEngine Sector Overview
|
|
|
|
|
|
|
|
0.81% |
11.31% |
32.75% |
21.32% overvalued |
7.02% |
26.69 |
|
0.08% |
1.04% |
5.33% |
11.04% overvalued |
-2.29% |
23.94 |
|
0.38% |
2.56% |
7.31% |
10.63% overvalued |
-8.14% |
17.83 |
|
1.90% |
13.73% |
13.11% |
10.05% overvalued |
-34.06% |
24.18 |
|
-0.20% |
5.12% |
9.26% |
9.74% overvalued |
-10.67% |
20.02 |
|
0.50% |
0.30% |
7.31% |
8.08% overvalued |
-3.92% |
23.16 |
|
0.20% |
1.66% |
7.77% |
2.95% overvalued |
-10.94% |
22.34 |
|
0.72% |
4.37% |
0.93% |
2.02% overvalued |
-5.42% |
20.95 |
|
0.47% |
4.67% |
19.96% |
0.55% overvalued |
-4.67% |
21.61 |
|
0.37% |
2.06% |
7.46% |
0.36% overvalued |
-8.58% |
27.35 |
|
0.09% |
3.57% |
1.76% |
0.43% undervalued |
-5.89% |
15.99 |
|
-0.28% |
2.02% |
4.20% |
3.11% undervalued |
-9.38% |
25.24 |
|
-0.10% |
1.47% |
1.79% |
4.19% undervalued |
-15.10% |
22.73 |
|
0.01% |
2.05% |
3.83% |
4.80% undervalued |
-14.59% |
12.58 |
|
0.59% |
5.22% |
6.14% |
6.44% undervalued |
-27.02% |
13.85 |
|
-0.20% |
6.69% |
-1.74% |
7.32% undervalued |
-18.89% |
27.04 |
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.
Visit www.ValuEngine.com for more information
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